A professionally managed pool of money used to finance new and often high-risk firms is referred to as _______________________.

Question

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Venture capital is a type of financing where a professionally managed pool of money is used to invest in new and often high-risk firms. This funding is typically provided by investors who are seeking higher returns in exchange for taking on greater risk. Venture capital can be used to fund startup companies, new product development, or for companies looking to expand their operations.

A Professionally Managed Pool of Money Used to Finance New