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Finance - Taking the risk

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When is risk capital the answer to a company’s prayer, and when is it a fate worse than debt? ROBERT POLS takes a look at equity finance

It almost sounds romantic - ‘venture capitalism’. It’s a term for private equity funding that’s rich with associations of perilous enterprise and piratical daring. Equity funders, however, face risk with a calculator in the pocket rather than a...

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12 November 2009, London
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