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Venture fund managers look at many, many deals. They earn their money by... Group of answer choices Always picking a winner- they are true experts

Venture fund managers look at many, many deals. They earn their money by...

Group of answer choices

Always picking a winner- they are true experts in their fields.

Receiving 2% management fee for the fund and then 20% of any upside from the investment when they exit the investment.

Trading the stock after the IPO

Selling their shares to an investment bank before the company goes public.

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