Question

Which one of the following statements concerning venture capital is correct?
A. Venture capital is frequently provided in stages with each stage financed by a different venture capitalist.
B. Most venture capitalists are passive investors.
C. The founders of a firm generally realize substantial payoffs as soon as the firm receives venture financing.
D. Venture capitalists generally compete with banks to find projects to finance.
E. Well established firms tend to absorb most of the available venture capital.

Answer

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