As Miles Considers Approaching a Venture Capital Firm to Provide

question 101

Multiple Choice

As Miles considers approaching a venture capital firm to provide funding for his new mobile app, he should realize that a venture capital firm will

• A) offer no more than 20 percent of the funding he needs.
• B) charge a higher interest rate than a commercial bank.
• C) expect the company to provide a steady dividend income.
• D) probably want an ownership interest in the business.

---

Definitions:

Innate Abilities

Natural talents or skills that an individual is born with, rather than skills developed through learning or experience.

Hearing and Listening

Involves the physiological process of sound perception and the active psychological process of giving attention to and making sense of sounds, respectively.

Nonverbal Messages

Communication conveyed through body language, facial expressions, and other physical ways without using spoken words.