
Which of the following statements about venture capital funding is not correct?
A) Exiting an investment can occur through an initial public offering or by merger or acquisition.
B) Venture capital investing is highly risky.
C) Venture capital firms may focus on a limited geographic area or on specific industries to facilitate monitoring their investments.
D) Firms hope to exit a start-up firm in 3-5 years.
Correct Answer:
Verified
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