A.

Which stage of venture capital funding is most apt to provide the funding needed to actually commence the manufacturing operations of a firm?

first-stage

IPO stage

second-stage

seed money stage

B.

Which one of the following statements is correct?

Generally, any preferred stock held by a venture capitalist has no voting privileges.

Most venture capitalists tend to stay involved with a firm from the start of an idea until after the resulting firms successful IPO.

Since so many individuals and firms are venture capitalists, it is relatively easy to acquire venture capital.

One desirable feature for a venture capitalist is a strong portfolio of relevant contacts.

C.

Smythe Enterprises is issuing securities under Regulation A. Given this, you know that the securities are valued at ______ or less.

$2 million

$10 million

$5 million

$1 million