47 . The correct business model can :" b) Eliminate or reduce competition Reduce production or operating costs [ ) Facilitate sales 2) Maximize exit strategy @ ) All the above* 40 . For a venture capital investor their expectations for their portfolio of 10 investments are : 2 ) One investment achieves a 10 x'+ return , I will return 1x to 10* and 2 lose 10096 of the investment D ) One investment achieves a 10x'+ return , 5 will return Ix to 10 x and 3 lose 10096 of the investment C ) One investment achieves a 10 x + return , 4 will return 1x to 10'x and 5 lose 100%6 of the investment d ) One investment achieves a 10x' + return , & will return 1x to 10x and 2 lose 10096 of the investment @ ) None of the above 49 . How many investments will an active angel investor look at per year :` @ ) 5 b ) 25 C ) 35 ! ) 40 @ ) None of the above 50. Venture capitalists and angel investors are looking to make investments in their geographic areas because* a ) They do not like to travel to visit their investments . 6 ) Investments that are based out of town are harder to monitor* C ) None of the above ` ) A & B