Term
| Venture Capital firms tend to specialize in publicly identified niches because of the potential for value-added investing by venture capitalists. Which is not one of these niches? |
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Definition
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Term
| As venture firms attract money from investors, it is placed in a fund. Important issues that must be put in place with the establishment of the fund include all of the following except? |
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Definition
| the management team assigned to each borrower |
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Term
| All of the following are typically part of a venture fund’s typical compensation and incentive structure except? |
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Definition
| salary for the general partners |
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Term
| In a Venture Capital Fund Placement Memorandum, which of the following is not a front matter declarations? |
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Definition
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Term
| In a Venture Capital Fund Placement Memorandum, which of the following is not part of the offering summary? |
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Definition
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Term
| In a Venture Capital Fund Placement Memorandum, which of the following is not part of the fund overview? |
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Definition
| general partners’ capital contributions |
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Term
| In a Venture Capital Fund Placement Memorandum, all of the following are part of the executive summary except? |
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Definition
| imposition of confidentiality |
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Term
| In a Venture Capital Fund Placement Memorandum, all of the following are included in the summary of terms except? |
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Definition
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Term
| All of the following are typical issues addressed in a term sheet except? |
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Definition
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Term
| Which of the following has been the largest source of venture capital funds since 1979 when it was clarified that “portfolio diversification was a legitimate consideration in determining the prudence of an individual investment”? |
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Definition
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Term
| When evaluating the prospects of a new venture, venture capital firms consider which of the following? |
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Definition
| all of the above, characteristics of the proposal, characteristics of the entrepreneur/team, nature of the proposed industry |
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Term
| When screening prospective new ventures, venture capital firms first consider its own firm requirement. Which of the following is not part of its own firm requirements reviewed? |
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Definition
| expertise of new ventures management |
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Term
| When evaluating the prospects of a new venture, venture capital firms consider the characteristics of the entrepreneur and its team. Which of the following is not part of review of the entrepreneur/team? |
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Definition
| the VC firms’ ability to cash out |
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Term
| When screening prospective new ventures, venture capital firms must consider the nature of the proposed industry. Which of the following is not part of the screening of the proposed industry? |
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Definition
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Term
| Which of the following is not one of the four likely outcomes of the venture firm’s screening process? |
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Definition
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Term
| Professional venture investing usually involves setting up a venture capital firm as a: |
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Definition
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Term
| After a new professional venture capital fund is organized, the fund managers: |
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Definition
| solicit investments and obtain commitments |
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Term
| Which one of the following sources has been the largest supplier of venture capital over the past 25 or so years? |
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Definition
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Term
| When screening possible investments, a venture capital firm might issue an SLOR which stands for: |
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Definition
| standard letter of rejection |
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Term
| After determining the next fund’s objectives and policies, the “professional venture investing cycle’s” next step is: |
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Definition
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Term
| The term “carried interest” refers to: |
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Definition
| portion of profits paid to the professional venture capitalist as incentive compensation |
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Term
| A summary of the investment terms and conditions accompanying an investment is referred to as a: |
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Definition
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Term
| The beginning of professional venture capitalists is considered to have occurred: |
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Definition
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Term
| The beginning of professional venture capitalists is considered to have begun with the establishment or formation of: |
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Definition
| American Research and Development organization |
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Term
| “Carried interest” refers to the: |
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Definition
| portion of profits paid to the professional venture capitalist as incentive compensation |
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Term
| Which one of the following sources has been the smallest supplier of venture capital over the past 25 or so years? |
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Definition
| corporate venture capital |
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Term
| Which one of the following sources has been the second largest supplier of venture capital over the past 25 or so years? |
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Definition
| Finance and insurance companies |
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Term
| Of the total venture capital supplied over the past 25 or so years, what approximate percentage has been supplied by individuals and families? |
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Definition
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