An entrepreneur usually maintains full control of a business when it is funded by a venture capitalist.

Question

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When a business is funded by a venture capitalist, the entrepreneur typically gives up some level of control in exchange for the funding. This may include giving the venture capitalist a say in major business decisions or a seat on the board of directors. However, the exact level of control given up will depend on the terms of the agreement between the entrepreneur and the venture capitalist.

An Entrepreneur Usually Maintains Full Control of a Business When