In the venture capital industry, the 'Valley-of-Death' refers to:_______________________ A: Bankruptcy filings court.

B: Start-up companies that can't get funding.

C: Pre-revenue, early stage enterprises.

D: Companies that have expenses that exceed revenue.

E: Companies that have not reached their break-even point yet

F: Companies with more debt than revenue

G: Silicon Valley, California, where most venture firms reside

Correct Answer: E: Companies that have not reached their break-even point yet