What involves sale of some of the ownership interest in return for an unsecured investment in the firm?
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Equity Financing38Money invested in the venture with no legal obligation for entrepreneurs to repay the principal amount or pay interest on it.Funding sources: public offering and private placementPublic Offering“Going public” refers to a corporation’s raising capital through the sale of its securities on the stock markets.Initial Public Offerings (IPOs): new issues of common stock
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