Venture Capital FirmEarly-stage venture capital firm shortly after its formation with initial investments. There is a single general partner with an extensive network of tech friends who can provide deal flow.The fund is looking for more limited partners.Question: would you invest in this early Venture capital firm based on the balanace sheet given? why or why not analyze carefully and explain in detail please.

Venture Capital Firm Balance Sheet As of December 31 TOTAL ASSETS Current Assets Bank Accounts First Republic - Checking Total Bank Accounts 1,005,241.53 $ 1,005,241.53 $ 1,005,241.53 Total Current Assets Other Assets Investments Co #1 Co #2 Co #3 Co #4 Co #5 Total Xcalar 0.00 400,000.00 840,000.00 100,000.00 99,999.36 249,999.42 $ 249,999.42 Venture Capital Firm Profit and Loss January - December Total Investments Total Other Assets TOTAL ASSETS LIABILITIES AND EQUITY Total Liabilities Equity LP Contributions Receivable Partner's Capital General Partner GP- Contributions Total General Partner $ 1,689,998.78 $ 1,689,998.78 $ 2,695,240.31 $ 0.00 -225,000.00 0.00 0.00 92,876.50 $ 92,876.50 Total Limited Partners $ 3,003,000.00 Income Total Income Gross Profit Expenses Management Fee Operating Expenses Bank Charges Total Operating Expenses TOTAL $ 0.00 124,017.38 0.00 Professional Fees Legal Fees 31.00 0.00 25,707.42 Total Professional Fees $ 25,707.42 $ 25,738.42 Uncategorized Expense -0.12 Total Partner's Capital Retained Earnings Syndication Costs Net Income $ 3,095,876.50 -25,905.51 -149,730.68 Total Expenses $ 149,755.68 0.00 Net Operating Income -$ 149,755.68 Other Income Interest Income 25.00 Total Equity $ 2,695,240.31 Total Other Income $ 25.00 Net Other Income $ 25.00 TOTAL LIABILITIES AND EQUITY $ 2,695,240.31 Net Income -$ 149,730.68