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 specialise in one type of financing for a select type of firm.

Question

Quizplus · Accepted Answer

Venture capitalists generally have an exit strategy, such as an IPO or acquisition, to realize returns on their investment. They also tend to specialize in specific industries or stages of company development to leverage their expertise.

Which of the Following Are True Statements