Venture capital placements usually include a period of no liquidity after the investment is made, so this answer is incorrect since we need to find the choice that is not a characteristic of venture capital. Venture capital placements are usually private placements, so this answer is incorrect since we need to find the choice that is not a characteristic of venture capital. Venture capital placements usually use common shares, so this answer is incorrect since we need to find the choice that is not a characteristic of venture capital. Venture capitalists will not have a minimum holding period because they will be looking to cash out the investment at a profit as soon as possible, even if it is less than 5 years after the investment is made.
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