CFA Practice Question

There are 139 practice questions for this study session.

CFA Practice Question

Which best describes venture capital?
A. Venture capital is typically a secondary form of financing, after bank financing.
B. Venture capital is in the form of equity.
C. Venture capital is financing for privately held companies, typically in the form of equity and/or long-term debt.
Explanation: Venture capital becomes available when financing from banks and public debt or equity markets is either unavailable or inappropriate.

User Contributed Comments 1

User Comment
samco Venture capital is financing for privately held companies, in the form of equity and/or long term debt.
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