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Answer the following two questions regarding VC-funded startups: 1. Conventional bank lending also funds entrepreneurs, such as franchises and other small businesses. Why cant the
Answer the following two questions regarding VC-funded startups: 1. Conventional bank lending also funds entrepreneurs, such as franchises and other small businesses. Why cant the tech startups be funded by bank loans? 2. Three quarters of VC-funded startups fail eventually. How does VC profit from such a high failing rate?
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