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Determine in brief about Venture capitalists
Venture capitalists are organisations which take on risky business ventures. They provide finance for and generally require a high return and even an equity stake in the business. This protects them from the high risk they are taking and may even be involved in some of the decision making process. Before Venture capitalist invests in a company they will require all the necessary information to assess the business including produces, markets, management skills, forecasts etc.
Ken started college at the age of 18 with $63,450 already saved, because 18 years ago his saving account 7.25 per year.
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It is the organized and established firms that constitute the venture capital industry.
Question: (a) Describe the axioms of utility. (b) An economic agent has a logarithmic utility function, U(W) = lnw and has initial wealth $20,000. She is offered the subsequent g
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