LOS g, (Part 2): Explain venture capital investment characteristics and the challenges to venture capital valuation and performance measurement.
Q1. Which of the following is NOT among the three most important factors in valuing a venture capital investment?
A) Timing of exit.
B) Liquidity.
C) Expected payoff at exit.
Q2. Which of the following statements regarding venture capital investing is FALSE?
A) Investors in venture capital projects typically require a short-term investment horizon.
B) The success of venture capital projects is dependent upon market entrance and exit strategies.
C) Valuation of venture capital projects is difficult due to the unique qualities of each project.
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发表于 2009-2-28 17:28
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