________ are limited partnerships of money managers who raise money in "funds" to invest in startups and growing firms.

Question

Quizplus · Accepted Answer

Venture capital firms are specifically designed to raise funds from institutional investors and wealthy individuals and then invest that money into startups and growing firms. This is done through the creation of limited partnerships between the money managers and investors. Business angels typically invest their own money, while institutional investors may invest in a variety of asset classes beyond just startups and growing firms. Investment bankers are primarily focused on advising on financial transactions rather than investing directly into companies. Business capitalists is not a commonly used term in the venture capital industry.

________ Are Limited Partnerships of Money Managers Who Raise Money