Which of the following statements is true concerning the term "venture capital?"

Question

Quizplus · Accepted Answer

In the United States, "venture capital" encompasses all professionally managed, equity-based investments in private, entrepreneurial growth companies, covering a broad spectrum of stages, including early and later stages. In Europe, however, the term is more narrowly defined and typically refers to financing provided during the early and expansion stages of a company's growth, distinguishing it from later-stage financing or buyouts, which may fall under different categories such as private equity.

Which of the Following Statements Is True Concerning the Term