Economics · Venture Capital
Which of the following clearly defines Venture Capital?
- 1It is a fund provided to industries at times of incurring losses.
- 2It is a long-term start-up capital provided to new entrepreneurs.✓
- 3It is a fund provided for the renovation of industries.
- 4It is a short-term capital.
Correct answer
It is a long-term start-up capital provided to new entrepreneurs.
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