1) The correct business model can: a) Eliminate or reduce competition b) Reduce production or operating costs c) Facilitate sales d) Maximize exit strategy e) All the above 2) For a venture capital investor their expectations for their portfolio of 10 investments are: a) One investment achieves a 10x+ return, 7 will return 1x to 10x and 2 lose 100% of the investment b) One investment achieves a 10x+ return, 6 will return 1x to 10x and 3 lose 100% of the investment c) One investment achieves a 10x+ return, 4 will return 1x to 10x and 5 lose 100% of the investment d) One investment achieves a 10x+ return, 8 will return 1x to 10x and 2 lose 100% of the investment e) None of the above