_____ is generally diﬃcult funding to obtain and the funds are usually provided in stages.

Question

Quizplus · Accepted Answer

The statement describes the characteristics of venture capital funding. It is difficult to obtain and is usually provided in stages or tranches based on the progress of the business. Preferred stock, IPO funding, and convertible bond issues may also involve stages or tranches, but they are not inherently difficult to obtain like venture capital funding. A Dutch Auction IPO is a method of pricing an IPO, not a form of funding.

_____ Is Generally Diﬃcult Funding to Obtain and the Funds