10.What is Venture Capital (VC)?

11.What are 4 stages in the life of a VC fund? (Similar to PE fund)

12.Describe characteristics of VC investing
13.Describe the fee structure of VC (management fee and performance / incentive fee)
14.What are 4 steps in VC funding process?(Idea generation and submission, intro meeting, due
diligence, term sheets and funding)
15.What are 3 types of VC funding? (Early stage financing, Expansion financing, Acquisition or
Buyout financing)

16.What is buyout; MBO; LBO?

17.Why LBO investors (financial sponsors / buyers) choose to purchase the target by using a large
amout of debt?
18.Reasons for LBO? (sell-side)
19.Key characteristics of a LBO candidate
20.Financing structure of LBO
What is MBI?