Answered step by step
Verified Expert Solution
Question
1 Approved Answer
13) With respect to VC impact funds, A) LPs are willing to accept a lower ex-ante IRR than that required to traditional VC funds. B)
13) With respect to VC impact funds,
A) LPs are willing to accept a lower ex-ante IRR than that required to traditional VC funds. B) These funds impose a lower cost of equity capital to the start-ups they invest into. C) There is no heterogeneity in LPs willingness to pay for these funds across countries. D) A and B.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started