Venture capitalists tend to invest in companies that have identified what seems to be an outstanding business opportunity,have taken some action to make the opportunity happen,such as written a new software application or secured a patent,and need an infusion of funds and management expertise to expand and launch the business.

Question

Quizplus · Accepted Answer

This statement accurately describes the typical situation in which venture capitalists invest in a company. They look for promising business opportunities that have already taken some steps towards realizing their potential, and provide funding and guidance to help the company grow and succeed.

Venture Capitalists Tend to Invest in Companies That Have Identified