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17. Venture capital investments are characterised by all of the following except: Select one: a. a share of capital appreciation. b. substantial control over management
17.
Venture capital investments are characterised by all of the following except:
Select one:
a. a share of capital appreciation.
b. substantial control over management decisions.
c. no protection against downside risk.
d. serves as intermediate financing between founders' capital and the IPO.
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