Why is it that "almost all of the success of the VC industry is associated with the top quartile of VC Funds?" The top quartile firms are better at providing important non-financial assistance The top-quartile VC funds have a virtual monopoly on the venture capital market The top-quartile VC funds have the most important political and economic connections The top-quartile VC funds only accept the most profitable investments

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Why is it that "almost all of the success of the VC industry is associated with the top quartile of
VC Funds?"
The top quartile firms are better at providing important non-financial assistance
The top-quartile VC funds have a virtual monopoly on the venture capital market
The top-quartile VC funds have the most important political and economic connections
The top-quartile VC funds only accept the most profitable investments
Transcribed Image Text:Why is it that "almost all of the success of the VC industry is associated with the top quartile of VC Funds?" The top quartile firms are better at providing important non-financial assistance The top-quartile VC funds have a virtual monopoly on the venture capital market The top-quartile VC funds have the most important political and economic connections The top-quartile VC funds only accept the most profitable investments
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