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Basic Question 3 of 6
Which statement best describes venture capital?
B. Venture capital is short-term financing, usually at higher-than-market rates.
C. Venture capital is financing for privately held companies, typically in the form of equity and/or long-term debt.
A. Venture capital is typically a secondary form of financing, after bank financing.
B. Venture capital is short-term financing, usually at higher-than-market rates.
C. Venture capital is financing for privately held companies, typically in the form of equity and/or long-term debt.
User Contributed Comments 1
| User | Comment |
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| praj24 | Dragon's Den |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
compare and contrast public and private equity securities
CFA® 2025 Level I Curriculum, Volume 3, Module 4.