1.

If a founder over states the amount of cash needed and then raises excess capital this could lead to complacent goal setting, ineffectual management and inefficient operations.

2.

It is a bad idea for founders to sell equity to venture capital funds if the general partment of the fund wants a seat on the companys board of directors. This would shift too much power to the general partner.

3.

A capitalization table is used to keep track of the quantity of shares of stock of a company and the distribution of the equity shares among investors.

true or false