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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.
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Learning Outcome Statements
compare and contrast public and private equity securities
CFA® 2024 Level I Curriculum, Volume 3, Module 4.