According to Bob Zider in his article “How Venture Capital Works”, banks and venture capital firms are in direct competition.
True or False
False,
According to Bob Zider, Venture Capital Firms "filles the void between sources of funds for innovation (chiefly corporations, government bodies, and the entrepreneur’s friends and family) and traditional, lower-cost sources of capital available to ongoing concerns" and as per him Venture Capital Firms funds the business who does not have access to banks or IPO market so Banks and Venture Capital Firms are not in direct competition and the state is false
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