Which of the following statement is false? (Points : 3.5)

Private equity investments are structured as limited partnerships with a specified duration usually of 10 years. The limited partner is the private equity firm, which raises a pool of money from general partners, such as institutional investors and insurance companies. Professional venture capital companies, who make high risk equity investments in entrepreneurial businesses capable of rapid growth and high investment returns. Their goal is to liquidate the investment in 5 or 6 years. In general, a startup firm is far too risky to qualify for a bank loan and too small to attract public financing. Funding options for a startup firm include loans against stable cash flows such as A/R, personal savings, venture capitalists and strategic investors.