Compete directly with venture capitalists for deals

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Reference no: EM132205387

1. Successful entrepreneurs avoid creating their own investment pools, and they do not compete directly with venture capitalists for deals

True

False

2. The threshold concept proposes that the odds of success change as a venture reaches a critical mass of over $8 million in sales and 50 employees.

True

False

3. While developing management strategies, fast-growth firms are careful not to link a defined exit strategy in the business plan with what the lead entrepreneur envisions as his or her long-term objectives.

True

False

4. Private investors are funding more and more early-stage businesses, enabling risk mitigation before larger, institutional venture funds invest.

True

False

Reference no: EM132205387

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