Question: True / False 1. When speaking about venture capital financing the runway refers to amount of capital that a company has to reach a critical

True / False

1. When speaking about venture capital financing the "runway" refers to amount of capital that a company has to reach a critical milestone.

2. Capitalization tables also known as cap tables are not useful beyond the series A funding round because the equity distribution keeps changing as a company raises more capital in future series.

3. When a founder is trying to raise capital it is better not to give an amount because then you give up the ability to raise more than than that amount. It is better for the founder to say, "as much as possible at the lowest possible cost".

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