Asked by Haddon Barrett on Jul 09, 2024
Verified
In 1979,the venture capital industry benefited from what action?
A) an economic boom
B) the ability of a pension fund to invest in venture capital
C) federal fund availability to entrepreneurs
D) the ability of small businesses to offer stock
Venture Capital Industry
The financial sector involved with providing funding to early-stage, high-potential, growth startup companies in exchange for equity or an ownership stake.
Pension Fund
A financial institution that collects and manages employees' retirement savings, investing that money to generate income for future pensions.
Economic Boom
A period of significant financial growth within a country or region, characterized by increased production and consumption.
- Recognizing the historical and regulatory backdrop of venture capital investment.
Verified Answer
Learning Objectives
- Recognizing the historical and regulatory backdrop of venture capital investment.
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