Oliver is interested in selling shares of his company to raise additional capital. He knows some investors who might be interested. While no repayment would be required for this type of financing, what would be the biggest disadvantage that Oliver should understand before choosing this option?
(1 point)
Responses
He would be required to pay interest even if the business did not make money.
He would be required to pay interest even if the business did not make money.
He might lose his seed money to his investors.
He might lose his seed money to his investors.
He might need to put up some form of collateral as security.
He might need to put up some form of collateral as security.
He could give up some ownership and control of his business.