8. Venture capital (S14.1) Complete the passage using the following terms: limited partners, venture capital, private, underwriters,
Question:
8. Venture capital (S14.1) Complete the passage using the following terms: limited partners, venture capital, private, underwriters, general partners, private equity, corporate venturers, partnerships, private, angel investors. (Note: Not all terms will be used.)
Equity capital in young businesses is known as
(a) , and it is provided by specialist firms; wealthy individuals, known as
(b) ; and large technology companies that act as
(c) . Venture capital funds are organized as
(d) . The management companies are the
(e) , and pension funds and other investors are the
(f) .
Venture capital partnerships are often lumped together with similar partnerships that buy whole companies and take them (g) . The general term for these firms is (h)
companies.
Step by Step Answer:
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans