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mkjmabrey mkjmabrey
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A year ago
Which of the following is a major difference between banks and venture capitalists as categories of private financing?

▸ Unlike banks, which recruit investment specialists, venture capitalists are private investors without any specialized investment skills.

▸ Unlike banks, which provide investment for high-risk businesses, venture capitalists won't lend money to a start-up that hasn't established a successful record of accomplishment.

▸ Unlike banks, which don't require collateral, venture capitalists provide investments only when an entrepreneur puts up marketable collateral.

▸ Unlike banks, which only provide money, venture capitalists also provide management expertise.

▸ Unlike banks, which are extremely focused and selective in giving loans, venture capitalists are less focused and provide loans to a large number of start-ups.
Textbook 
Business in Action

Business in Action


Edition: 9th
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wukong81wukong81
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A year ago
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mkjmabrey Author
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A year ago
Smart ... Thanks!
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This helped my grade so much Perfect
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this is exactly what I needed
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