Multiple Choice
Which of the following is not true regarding venture capital firms?
A) They are generally long-term investors.
B) They generally concentrate on one specific industry.
C) They usually insist on substantial control of the corporation being funded through membership on its board or through appointments to certain officer positions.
D) They are generally a source of expertise in operations and expansion of the corporation being funded.
Correct Answer:
Verified
Correct Answer:
Verified
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