Question

TURE OR FALSE

1. A venture capital firm is a limited partnership that specializes in raising money to invest in the private equity of young firms.

2. Venture capitalists typically control about three-quarters of the seats on a start-up's board of directors, and often represent the single largest voting block on the board.

Answer 1

01.

A venture capital firm is a limited partnership that specializes in raising money to invest in the private equity of young firms. : TRUE Venture  Capitals are limited partnership organizations investing money in startups.

02.

Venture capitalists typically control about three-quarters of the seats on a start-up's board of directors and often represent the single largest voting block on the board. FALSE Venture Capital does not intend to control a single voting block in young startups. It majorly controlled by founders of start-up.