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8 Cards in this Set
- Front
- Back
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Almost every new business raises its initial money from the founders themselves and informal investors: family, friends, neighbors, work partners, and ____.
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strangers
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Rarest source of capital is _____
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venture capital
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While classic vent cap finance very few companies some of the ones that they do finance play a crucial role in the development of _____ industries.
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knowledge base
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In contrast to informal investment, classic vent cap. only invest in _____.
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growth and innovation
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a relatively sophisticated group of informal investors.
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business angels
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The capital gain on the harvest is shared ________ between the limited partners and the general partners once the limited partners have received all of the principle from the initial investment.
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80% - 20%
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Since the mid 1990's, venture cap grew rapidly as most nations were striving to emulate the impact an ________ .
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US Economy
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Entrepreneurs need to understand that they themselves will have to put up about _____ to launch their ventures.
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2/3 of initial capital
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