With respect to the financing lifecycle, which of the following statements is correct?

Select one:

a. Companies that grow very fast tend to be less profitable and generate less cash flow. Such growth companies are ideal candidates for venture capitalists who provide large amounts of debt financing to those companies.

b. Venture capital companies provide financing in stages (series A, B, C, etc.) whereas once a company goes public, it raises all its capital needs at the beginning in an IPO.

c. Companies that generate large amounts of positive cash flow but have limited or no growth opportunities are good potential candidates for Private Equity investors that take such companies private, restructure them and eventually sell them back to the public or to a strategic buyer.