Which one of the following statements is INCORRECT? a. VC funds are likely to pay for marketing and product development

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answerhappygod
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Which one of the following statements is INCORRECT? a. VC funds are likely to pay for marketing and product development

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Which one of the following statements is INCORRECT?
a. VC funds are likely to pay for marketing and product
development expenditures, as well for the startups.
b. VC also invests in preferred stock and convertible preferred
stock in recent times.
c. Financing for a company that is at least breaking even and is
contemplating an expansion is known as third-round financing.
d. The money provided for firms that are ready to go public
within half a year is known as third-stage financing.
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