1. The J curve is illustrates the expected, estimated or simulated cash flow profile of a venture over its life.
True
False
2. According to Dermot Berkery founders must present a good plan that supports a sequence of financing rounds where each previous round benefits from the subsequent round.
True
False
3. According to Bob Zider in his article “How Venture Capital Works”, most venture capital funding is used for basic research.
True
False
4. Selling shares in a venture to a venture capital fund is a source of cash.
True
False
5. According to Dermot Berkery founders should be quite vague when laying out stepping stones for the venture. This is because it is hard to say a stepping stone is not reached if it is not well defined.
True
False