Venture capital firms generally play an active management role in the firms in which they invest, often

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Venture capital firms generally play an active management role in the firms in which they invest, often including a seat on the board of directors, and hold significant equity stakes.

This differentiates them from traditional investment banking and securities firms.

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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