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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 happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
compare and contrast public and private equity securities
CFA® 2024 Level I Curriculum, Volume 3, Module 4.