Which one of the following statements concerning venture capitalists is incorrect?
A) They invest in early stage, high potential growth companies
B) Usually back companies in high technology industries
C) They are willing to accept low rates of return for a share of the company
D) They want to invest in companies that have a combination of innovative technology, a potential for rapid growth, and a strong management team

Question

Quizplus · Accepted Answer

Venture capitalists are not typically willing to accept low rates of return for a share of the company. In fact, they are known for seeking high rates of return on their investments, often aiming for a return of at least 10 times their initial investment within 5-7 years.

Which One of the Following Statements Concerning Venture Capitalists Is