Question

QUESTION 45 The underwriting discounts and commissions that Levi Strauss had to pay to the underwriters of its IPO amounted to .9138 dollars per share sold to the public True False QUESTION 46 Venture capital funds will typically have a 25-year horizon. True False QUESTION 47 Term sheets are used to work out the natural financial and control tensions that exist between founders and venture capitalists. The specifics of a term sheet will vary from deal to deal. True False

Answer 1

45: True

Levi Struss paid $0.9138 per share as underwriting discounts and commissions.

46: False

Venture capitalists have a 10 year horizon

47: True

Term sheets have the specifics of a deal and so vary from deal to deal.