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Basic Question 6 of 6
Venture capital funds differ from investments in publicly held firms in that they are ______.
II. for newer firms with very little operating history
III. difficult to value
IV. for small firms in which the venture capital firm and the subject company have personal involvement
I. illiquid in the short term
II. for newer firms with very little operating history
III. difficult to value
IV. for small firms in which the venture capital firm and the subject company have personal involvement
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
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Learning Outcome Statements
compare and contrast public and private equity securities
CFA® 2024 Level I Curriculum, Volume 3, Module 4.