True/False 1:The J curve illustrates how much capital a venture will have to raise before it can generate sufficient cash to support itself.

True/False

1:The J curve illustrates how much capital a venture will have to raise before it can generate sufficient cash to support itself.

2: According to Bob Zider in his article “How Venture Capital Works”, at least 90% of venture capital money flows into the start up phases of businesses.

3: VC firm X makes a $1 million dollar investment. Ten years later the firm liqudiates its investment for $80 million. The IRR of the investment is over 61%.