All of the following statements are correct except:
A)Venture capitalists usually are members of partnerships that consist of a few general partners.
B)The typical venture capital partnership manages between $50 million and $100 million in assets.
C)It is common to organize a venture capital fund as publicly listed corporations.
D)At the end of a fund's life, cash and securities are distributed to the investors.
E)All of the above statements are correct.

Question

Quizplus · Accepted Answer

It is not common to organize a venture capital fund as publicly listed corporations. Venture capital funds are usually organized as limited partnerships or limited liability companies.

All of the Following Statements Are Correct Except