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Before its IPO, Facebook was an example of a private firm. As a private firm, Facebook was a)not legally allowed to raise funds through venture
Before its IPO, Facebook was an example of a private firm. As a private firm, Facebook was
a)not legally allowed to raise funds through venture capital firms.
b)run by its founder, Mark Zuckerberg.
c)not subject to government regulations and taxation.
d)run by stockholders and a board of directors.
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