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The founders of an unquoted company are seeking equity finance to fund rapid growth. A venture capitalist ( VC ) has offered to provide the
The founders of an unquoted company are seeking equity finance to fund rapid growth. A venture capitalist VC has offered to provide the required finance as long as the company can demonstrate that it can obtain a quotation within years.
Explain why the VC would require the company to seek a quotation within that timeframe.
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