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- You are a venture capitalist. 4 - A hi-tech Internet delivery firm is three years old. - It has $20 million in annual revenue

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- You are a venture capitalist. 4 - A hi-tech Internet delivery firm is three years old. - It has $20 million in annual revenue now and predicts revenue next year of $80 million. The firm is 'breakeven' in earnings. - The firm asks you for $5 million in new capital to fund its growth. - - Similar hi-tech firms appear to have an NWC to Sales ratio of 12%. With $5 MM in extra, will the firm have enough $$ to grow next year? - You are a venture capitalist. 4 - A hi-tech Internet delivery firm is three years old. - It has $20 million in annual revenue now and predicts revenue next year of $80 million. The firm is 'breakeven' in earnings. - The firm asks you for $5 million in new capital to fund its growth. - - Similar hi-tech firms appear to have an NWC to Sales ratio of 12%. With $5 MM in extra, will the firm have enough $$ to grow next year

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