QUESTION 11 The term sheet between a venture capital company and the founders of a venture give control of the company to the venture capitalists O True O False QUESTION 12 Investments in fixed assets are a use of cash. o True Ventures that attract venture capital money are expected to carve out defensible positions in their markets These markets should be large and have the potential to grow. True O False QUESTION 14 2.12765 points While LYFT faces many risks; management does not believe that the competition in the rise sharing market is one of these risks. O True - False QUESTION 2 VC firm X makes a $1 million dollar investment. Five years later the firm liqudiates its investment for $2 million. The IRR of the investment is over 16%. O True False QUESTION 22 Selling shares in a venture to a venture capital fund is a source of cash. True O False