What is the specialty of a venture capital firm? Select one: a. seeking out entrepreneurs with new profitable ideas b. investing shareholders’ money in new businesses c. pooling funds from various sources and investing them d. setting up joint ventures e. borrowing money from financial institutions and lending it to new entrepreneurs

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter16: Mastering Financial Management
Section16.6C: Venture Capital, Angel Investors, And Private Placements
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What is the specialty of a venture capital firm?

Select one:
a. seeking out entrepreneurs with new profitable ideas
b. investing shareholders’ money in new businesses
c. pooling funds from various sources and investing them
d. setting up joint ventures
e. borrowing money from financial institutions and lending it to new entrepreneurs
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