Asked by Jocelyn Cooperwood on Jun 14, 2024
Verified
Most venture capital funds are organized as partnerships,where the fund managers are the general partners and the investors are the limited partners.
Venture Capital Funds
Pools of capital that are allocated to invest in high-growth potential startups and emerging companies.
General Partners
Individuals who participate in the management of a partnership and have unlimited personal liability for the debts and obligations of the partnership.
Limited Partners
Investors in a partnership who are only liable for the debts or losses of the business up to the amount they have invested, without involvement in day-to-day management.
- Recognize the various forms of venture capital and how they are organized and function.
Verified Answer
EH
Elysium HavenJun 16, 2024
Final Answer :
True
Explanation :
Most venture capital funds follow the partnership structure where the fund managers act as general partners and the investors act as limited partners.
Learning Objectives
- Recognize the various forms of venture capital and how they are organized and function.