Which of the following are true statements?
I.Venture capitalists tend to be long-term investors in a firm.
II.Venture capital is relatively easy to obtain for most new firms.
III.Venture capitalists generally have an exit strategy.
IV.Venture capitalists tend to specialize in one type of financing for a select type of firm.

Question

Quizplus · Accepted Answer

Venture capitalists generally have an exit strategy and tend to specialize in one type of financing for a select type of firm. They are not typically long-term investors, and venture capital is not easy to obtain for most new firms.

Which of the Following Are True Statements