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Unlike traditional commercial banks, venture banks typically provide debt to startups that have already received equity financing from professional venture capital firms. In return for
Unlike traditional commercial banks, venture banks typically provide debt to startups that have already received equity financing from professional venture capital firms. In return
for providing additional debt financing, these venture banks receive in return all of the following except:
a. the right to buy equity at a specific price
O b. repayment of principal
O c. implementation of loan restrictions
O d. tax breaks on the interest received
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