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Yes. Venture capital (VC) is financial capital provided to early-stage, high-potential, growth startup companies.
YES.
Yes, It does...
Agree with you all
Yes
Answer will be YES YES.
YeS
there would be a competition between VCs to get the deal - Auction
Yes it does. But financing unprooven new ventures is risky bussiness. But hotmail, Alibaba.com , Amazon.com and even facebook were all unprooven new ventures once upon a time.