- CFA Exams
- CFA Level I Exam
- Topic 8. Alternative Investments
- Learning Module 3. Investments in Private Capital: Equity and Debt
- Subject 1. Private Equity Investment Characteristics
CFA Practice Question
________ financing is used for product development and initial marketing for firms in business under one year and has not sold their product commercially.
B. Early-stage
C. Later-stage.
A. Seed-stage
B. Early-stage
C. Later-stage.
Correct Answer: A
User Contributed Comments 2
| User | Comment |
|---|---|
| dvallejo | According to the CFA curriculum: Seed-stage: supports product development and initial marketing efforts. early-stage: is provided to companies moving forward toward operation but before commercial production and sales...... |
| Inaganti6 | I tried to raise $1 million seed stage for my company. That failed which is precisely the reason why I'm here now ! |