According to bob zider in article how venture capital works

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TRUE OR FALSE

1. The J curve is illustrates the expected, estimated or simulated cash flow profile of a venture over its life.

2. According to Bob Zider in his article “How Venture Capital Works”, banks and venture capital firms are in direct competition.

3. VC firm X makes a $1 million dollar investment. Ten years later the firm liqudiates its investment for $80 million. The IRR of the investment is over 61%.

Reference no: EM132002166

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