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Before Its IPO,Snap,the Parent Firm of Snapchat,was an Example of a Private

Question 70

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Before its IPO,Snap,the parent firm of Snapchat,was an example of a private firm.As a private firm,Snap was


A) not subject to government regulations and taxation.
B) run by stockholders and a board of directors.
C) run by its founders,Evan Spiegel and Bobby Murphy.
D) not legally allowed to raise funds through venture capital firms.

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