home *** CD-ROM | disk | FTP | other *** search
| Unknown | 2001-12-19 | 110.3 KB |
open in: 
MacOS 8.1
|
Win98
|
DOS
view JSON data
|
view as text
This file was not able to be converted.
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| Confidence | Program | Detection | Match Type | Support
|
|---|
| 100%
| file
| data
| default
| |
| 100%
| TrID
| PrintFox/Pagefox bitmap (320x200)
| default (weak)
| |
| 100%
| gt2
| Kopftext: 'BRGEXM0500v0002ROSS Chapter 16'
| default (weak)
|
|
hex view+--------+-------------------------+-------------------------+--------+--------+
|00000000| 42 52 47 45 58 4d 30 35 | 30 30 76 30 30 30 32 52 |BRGEXM05|00v0002R|
|00000010| 4f 53 53 20 20 20 20 43 | 68 61 70 74 65 72 20 31 |OSS C|hapter 1|
|00000020| 36 3a 20 52 61 69 73 69 | 6e 67 20 43 61 70 69 74 |6: Raisi|ng Capit|
|00000030| 61 6c 20 20 20 20 20 20 | 20 20 20 20 20 20 20 00 |al | .|
|00000040| 00 00 00 67 00 00 00 00 | 00 00 00 67 00 cc 3a 00 |...g....|...g..:.|
|00000050| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 be 00 00 |........|........|
|00000060| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000070| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000080| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000090| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000000a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000000b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 18 14 00 |........|........|
|000000c0| 00 31 01 00 56 65 6e 74 | 75 72 65 20 63 61 70 69 |.1..Vent|ure capi|
|000000d0| 74 61 6c 69 73 74 73 20 | 61 72 65 20 67 65 6e 65 |talists |are gene|
|000000e0| 72 61 6c 6c 79 20 6e 6f | 74 2e 2e 2e 01 00 68 00 |rally no|t.....h.|
|000000f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000100| 00 00 00 00 00 00 00 00 | 01 00 00 00 00 00 00 00 |........|........|
|00000110| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000120| 00 00 00 00 31 02 00 56 | 65 6e 74 75 72 65 20 63 |....1..V|enture c|
|00000130| 61 70 69 74 61 6c 69 73 | 74 73 20 75 73 75 61 6c |apitalis|ts usual|
|00000140| 6c 79 20 64 6f 20 6e 6f | 74 2e 2e 2e 20 20 20 01 |ly do no|t... .|
|00000150| 00 68 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |.h......|........|
|00000160| 00 00 00 00 00 00 00 00 | 00 00 00 01 00 00 00 00 |........|........|
|00000170| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000180| 00 00 00 00 00 00 00 31 | 03 00 56 65 6e 74 75 72 |.......1|..Ventur|
|00000190| 65 20 63 61 70 69 74 61 | 6c 69 73 74 73 20 66 72 |e capita|lists fr|
|000001a0| 65 71 75 65 6e 74 6c 79 | 20 68 6f 6c 64 2e 2e 2e |equently| hold...|
|000001b0| 20 20 01 00 68 00 00 00 | 00 00 00 00 00 00 00 00 | ..h...|........|
|000001c0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 01 00 |........|........|
|000001d0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000001e0| 00 00 00 00 00 00 00 00 | 00 00 31 04 00 41 74 20 |........|..1..At |
|000001f0| 65 61 63 68 20 73 74 61 | 67 65 20 6f 66 20 66 69 |each sta|ge of fi|
|00000200| 6e 61 6e 63 69 6e 67 20 | 66 6f 72 20 61 2e 2e 2e |nancing |for a...|
|00000210| 20 20 20 20 20 01 00 68 | 00 00 00 00 00 00 00 00 | ..h|........|
|00000220| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000230| 00 01 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000240| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 31 05 00 |........|.....1..|
|00000250| 48 69 73 74 6f 72 69 63 | 61 6c 6c 79 2c 20 67 65 |Historic|ally, ge|
|00000260| 6e 65 72 61 6c 20 63 61 | 73 68 20 6f 66 66 65 72 |neral ca|sh offer|
|00000270| 73 2e 2e 2e 20 20 20 20 | 01 00 68 00 00 00 00 00 |s... |..h.....|
|00000280| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000290| 00 00 00 00 01 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000002a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000002b0| 31 06 00 41 73 73 75 6d | 69 6e 67 20 61 20 70 72 |1..Assum|ing a pr|
|000002c0| 69 63 65 20 67 72 65 61 | 74 65 72 20 74 68 61 6e |ice grea|ter than|
|000002d0| 20 7a 65 72 6f 2c 2e 2e | 2e 20 20 01 00 68 00 00 | zero,..|. ..h..|
|000002e0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000002f0| 00 00 00 00 00 00 00 01 | 00 00 00 00 00 00 00 00 |........|........|
|00000300| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000310| 00 00 00 31 07 00 4c 61 | 72 67 65 20 72 69 67 68 |...1..La|rge righ|
|00000320| 74 73 20 6f 66 66 65 72 | 69 6e 67 73 20 61 72 65 |ts offer|ings are|
|00000330| 20 6d 6f 72 65 2e 2e 2e | 20 20 20 20 20 20 01 00 | more...| ..|
|00000340| 68 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |h.......|........|
|00000350| 00 00 00 00 00 00 00 00 | 00 00 01 00 00 00 00 00 |........|........|
|00000360| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000370| 00 00 00 00 00 00 31 08 | 00 41 6c 6c 20 65 6c 73 |......1.|.All els|
|00000380| 65 20 65 71 75 61 6c 2c | 20 74 68 65 20 67 72 65 |e equal,| the gre|
|00000390| 61 74 65 72 20 74 68 65 | 2e 2e 2e 20 20 20 20 20 |ater the|... |
|000003a0| 20 01 00 68 00 00 00 00 | 00 00 00 00 00 00 00 00 | ..h....|........|
|000003b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 01 00 00 |........|........|
|000003c0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000003d0| 00 00 00 00 00 00 00 00 | 00 31 09 00 41 63 63 6f |........|.1..Acco|
|000003e0| 72 64 69 6e 67 20 74 6f | 20 74 68 65 20 74 65 78 |rding to| the tex|
|000003f0| 74 62 6f 6f 6b 2c 20 64 | 69 72 65 63 74 2e 2e 2e |tbook, d|irect...|
|00000400| 20 20 20 20 01 00 68 00 | 00 00 00 00 00 00 00 00 | ..h.|........|
|00000410| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000420| 01 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000430| 00 00 00 00 00 00 00 00 | 00 00 00 00 31 0a 00 41 |........|....1..A|
|00000440| 63 63 6f 72 64 69 6e 67 | 20 74 6f 20 74 68 65 20 |ccording| to the |
|00000450| 74 65 78 74 62 6f 6f 6b | 2c 20 74 68 65 20 6d 61 |textbook|, the ma|
|00000460| 72 6b 65 74 2e 2e 2e 01 | 00 68 00 00 00 00 00 00 |rket....|.h......|
|00000470| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000480| 00 00 00 01 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000490| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 31 |........|.......1|
|000004a0| 0b 00 41 63 63 6f 72 64 | 69 6e 67 20 74 6f 20 74 |..Accord|ing to t|
|000004b0| 68 65 20 74 65 78 74 62 | 6f 6f 6b 2c 20 49 50 4f |he textb|ook, IPO|
|000004c0| 73 20 62 79 2e 2e 2e 20 | 20 20 01 00 68 00 00 00 |s by... | ..h...|
|000004d0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000004e0| 00 00 00 00 00 00 01 00 | 00 00 00 00 00 00 00 00 |........|........|
|000004f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000500| 00 00 31 0c 00 45 6d 70 | 69 72 69 63 61 6c 20 65 |..1..Emp|irical e|
|00000510| 76 69 64 65 6e 63 65 20 | 73 75 67 67 65 73 74 73 |vidence |suggests|
|00000520| 20 74 68 61 74 2c 20 6f | 6e 2e 2e 2e 20 01 00 68 | that, o|n... ..h|
|00000530| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000540| 00 00 00 00 00 00 00 00 | 00 01 00 00 00 00 00 00 |........|........|
|00000550| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000560| 00 00 00 00 00 31 0d 00 | 54 68 65 20 72 69 73 6b |.....1..|The risk|
|00000570| 20 74 68 61 74 20 6e 65 | 77 20 73 65 63 75 72 69 | that ne|w securi|
|00000580| 74 69 65 73 20 77 69 6c | 6c 20 62 65 2e 2e 2e 20 |ties wil|l be... |
|00000590| 01 00 68 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |..h.....|........|
|000005a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 01 00 00 00 |........|........|
|000005b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000005c0| 00 00 00 00 00 00 00 00 | 31 0e 00 4d 6f 72 65 20 |........|1..More |
|000005d0| 74 68 61 6e 20 68 61 6c | 66 20 6f 66 20 6e 65 77 |than hal|f of new|
|000005e0| 20 63 6f 72 70 6f 72 61 | 74 65 20 64 65 62 74 2e | corpora|te debt.|
|000005f0| 2e 2e 20 01 00 68 00 00 | 00 00 00 00 00 00 00 00 |.. ..h..|........|
|00000600| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 01 |........|........|
|00000610| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000620| 00 00 00 00 00 00 00 00 | 00 00 00 31 0f 00 43 65 |........|...1..Ce|
|00000630| 6e 74 72 61 6c 20 4d 61 | 69 6e 65 20 50 6f 77 65 |ntral Ma|ine Powe|
|00000640| 72 20 43 6f 6d 70 61 6e | 79 2c 20 61 2e 2e 2e 20 |r Compan|y, a... |
|00000650| 20 20 20 20 20 20 01 00 | 68 00 00 00 00 00 00 00 | ..|h.......|
|00000660| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000670| 00 00 01 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000680| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 31 10 |........|......1.|
|00000690| 00 41 6e 20 67 65 6e 65 | 72 61 6c 20 63 61 73 68 |.An gene|ral cash|
|000006a0| 20 6f 66 66 65 72 20 69 | 73 20 61 6e 20 6f 66 66 | offer i|s an off|
|000006b0| 65 72 69 6e 67 2e 2e 2e | 20 01 00 68 00 00 00 00 |ering...| ..h....|
|000006c0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000006d0| 00 00 00 00 00 01 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000006e0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000006f0| 00 31 11 00 4f 6e 65 20 | 6f 66 20 74 68 65 20 64 |.1..One |of the d|
|00000700| 72 61 77 62 61 63 6b 73 | 20 6f 66 20 61 20 72 69 |rawbacks| of a ri|
|00000710| 67 68 74 73 2e 2e 2e 20 | 20 20 20 20 01 00 68 00 |ghts... | ..h.|
|00000720| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000730| 00 00 00 00 00 00 00 00 | 01 00 00 00 00 00 00 00 |........|........|
|00000740| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000750| 00 00 00 00 31 12 00 22 | 42 65 73 74 20 65 66 66 |....1.."|Best eff|
|00000760| 6f 72 74 73 22 20 75 6e | 64 65 72 77 72 69 74 69 |orts" un|derwriti|
|00000770| 6e 67 20 69 73 20 74 68 | 65 2e 2e 2e 20 20 20 01 |ng is th|e... .|
|00000780| 00 68 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |.h......|........|
|00000790| 00 00 00 00 00 00 00 00 | 00 00 00 01 00 00 00 00 |........|........|
|000007a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000007b0| 00 00 00 00 00 00 00 31 | 13 00 41 6e 20 69 6e 69 |.......1|..An ini|
|000007c0| 74 69 61 6c 20 70 75 62 | 6c 69 63 20 6f 66 66 65 |tial pub|lic offe|
|000007d0| 72 69 6e 67 20 28 49 50 | 4f 29 2e 2e 2e 20 20 20 |ring (IP|O)... |
|000007e0| 20 20 01 00 68 00 00 00 | 00 00 00 00 00 00 00 00 | ..h...|........|
|000007f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 01 00 |........|........|
|00000800| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000810| 00 00 00 00 00 00 00 00 | 00 00 31 14 00 41 20 73 |........|..1..A s|
|00000820| 68 65 6c 66 20 72 65 67 | 69 73 74 72 61 74 69 6f |helf reg|istratio|
|00000830| 6e 20 61 6c 6c 6f 77 73 | 20 61 20 63 6f 6d 70 61 |n allows| a compa|
|00000840| 6e 79 2e 2e 2e 01 00 68 | 00 00 00 00 00 00 00 00 |ny.....h|........|
|00000850| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000860| 00 01 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000870| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 31 15 00 |........|.....1..|
|00000880| 44 69 6c 75 74 69 6f 6e | 20 6f 66 20 6d 61 72 6b |Dilution| of mark|
|00000890| 65 74 20 76 61 6c 75 65 | 20 69 73 20 6f 6e 65 20 |et value| is one |
|000008a0| 6f 66 2e 2e 2e 20 20 20 | 01 00 68 00 00 00 00 00 |of... |..h.....|
|000008b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000008c0| 00 00 00 00 01 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000008d0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000008e0| 31 16 00 44 69 6c 75 74 | 69 6f 6e 20 6f 66 20 6d |1..Dilut|ion of m|
|000008f0| 61 72 6b 65 74 20 76 61 | 6c 75 65 20 6f 63 63 75 |arket va|lue occu|
|00000900| 72 73 2e 2e 2e 20 20 20 | 20 20 20 01 00 68 00 00 |rs... | ..h..|
|00000910| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000920| 00 00 00 00 00 00 00 01 | 00 00 00 00 00 00 00 00 |........|........|
|00000930| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000940| 00 00 00 31 17 00 57 68 | 69 63 68 20 6f 66 20 74 |...1..Wh|ich of t|
|00000950| 68 65 20 66 6f 6c 6c 6f | 77 69 6e 67 20 69 73 20 |he follo|wing is |
|00000960| 63 6f 72 72 65 63 74 20 | 66 6f 72 2e 2e 2e 01 00 |correct |for.....|
|00000970| 68 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |h.......|........|
|00000980| 00 00 00 00 00 00 00 00 | 00 00 01 00 00 00 00 00 |........|........|
|00000990| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000009a0| 00 00 00 00 00 00 31 18 | 00 41 20 62 6f 6e 64 20 |......1.|.A bond |
|000009b0| 69 73 73 75 65 20 69 73 | 20 63 6f 6e 73 69 64 65 |issue is| conside|
|000009c0| 72 65 64 20 70 72 69 76 | 61 74 65 20 69 66 2e 2e |red priv|ate if..|
|000009d0| 2e 01 00 68 00 00 00 00 | 00 00 00 00 00 00 00 00 |...h....|........|
|000009e0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 01 00 00 |........|........|
|000009f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000a00| 00 00 00 00 00 00 00 00 | 00 31 19 00 5f 5f 5f 5f |........|.1..____|
|00000a10| 5f 5f 5f 5f 5f 5f 5f 20 | 69 73 20 61 20 73 74 6f |_______ |is a sto|
|00000a20| 63 6b 20 6f 72 20 62 6f | 6e 64 20 69 73 73 75 65 |ck or bo|nd issue|
|00000a30| 2e 2e 2e 20 01 00 68 00 | 00 00 00 00 00 00 00 00 |... ..h.|........|
|00000a40| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000a50| 01 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000a60| 00 00 00 00 00 00 00 00 | 00 00 00 00 31 1a 00 41 |........|....1..A|
|00000a70| 6c 6c 20 6f 66 20 74 68 | 65 20 66 6f 6c 6c 6f 77 |ll of th|e follow|
|00000a80| 69 6e 67 20 74 65 72 6d | 73 20 45 58 43 45 50 54 |ing term|s EXCEPT|
|00000a90| 2e 2e 2e 20 20 20 20 01 | 00 68 00 00 00 00 00 00 |... .|.h......|
|00000aa0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ab0| 00 00 00 01 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ac0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 31 |........|.......1|
|00000ad0| 1b 00 57 68 69 63 68 20 | 6f 66 20 74 68 65 20 66 |..Which |of the f|
|00000ae0| 6f 6c 6c 6f 77 69 6e 67 | 20 69 73 20 74 72 75 65 |ollowing| is true|
|00000af0| 20 61 62 6f 75 74 2e 2e | 2e 20 01 00 68 00 00 00 | about..|. ..h...|
|00000b00| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b10| 00 00 00 00 00 00 01 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b20| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b30| 00 00 31 1c 00 57 68 69 | 63 68 20 6f 66 20 74 68 |..1..Whi|ch of th|
|00000b40| 65 20 66 6f 6c 6c 6f 77 | 69 6e 67 20 69 73 20 61 |e follow|ing is a|
|00000b50| 2e 2e 2e 20 20 20 20 20 | 20 20 20 20 20 01 00 68 |... | ..h|
|00000b60| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b70| 00 00 00 00 00 00 00 00 | 00 01 00 00 00 00 00 00 |........|........|
|00000b80| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b90| 00 00 00 00 00 31 1d 00 | 54 68 65 20 6f 70 74 69 |.....1..|The opti|
|00000ba0| 6f 6e 20 67 69 76 69 6e | 67 20 74 68 65 20 75 6e |on givin|g the un|
|00000bb0| 64 65 72 77 72 69 74 65 | 72 20 74 68 65 2e 2e 2e |derwrite|r the...|
|00000bc0| 01 00 68 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |..h.....|........|
|00000bd0| 00 00 00 00 00 00 00 00 | 00 00 00 00 01 00 00 00 |........|........|
|00000be0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000bf0| 00 00 00 00 00 00 00 00 | 31 1e 00 42 6f 62 20 74 |........|1..Bob t|
|00000c00| 65 6c 6c 73 20 68 69 73 | 20 62 72 6f 6b 65 72 20 |ells his| broker |
|00000c10| 74 6f 20 62 75 79 20 31 | 30 30 2e 2e 2e 20 20 20 |to buy 1|00... |
|00000c20| 20 20 20 01 00 68 00 00 | 00 00 00 00 00 00 00 00 | ..h..|........|
|00000c30| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 01 |........|........|
|00000c40| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000c50| 00 00 00 00 00 00 00 00 | 00 00 00 31 1f 00 4c 65 |........|...1..Le|
|00000c60| 67 61 6c 20 66 65 65 73 | 20 61 20 66 69 72 6d 20 |gal fees| a firm |
|00000c70| 70 61 79 73 20 69 6e 20 | 74 68 65 20 70 72 6f 63 |pays in |the proc|
|00000c80| 65 73 73 2e 2e 2e 01 00 | 68 00 00 00 00 00 00 00 |ess.....|h.......|
|00000c90| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ca0| 00 00 01 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000cb0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 31 20 |........|......1 |
|00000cc0| 00 57 68 69 63 68 20 6f | 66 20 74 68 65 20 66 6f |.Which o|f the fo|
|00000cd0| 6c 6c 6f 77 69 6e 67 20 | 69 73 2f 61 72 65 2e 2e |llowing |is/are..|
|00000ce0| 2e 20 20 20 20 20 20 20 | 20 01 00 68 00 00 00 00 |. | ..h....|
|00000cf0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d00| 00 00 00 00 00 01 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d10| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d20| 00 31 21 00 59 6f 75 20 | 68 65 61 72 20 6f 6e 20 |.1!.You |hear on |
|00000d30| 74 68 65 20 6e 65 77 73 | 20 74 68 61 74 20 61 6e |the news| that an|
|00000d40| 2e 2e 2e 20 20 20 20 20 | 20 20 20 20 01 00 68 00 |... | ..h.|
|00000d50| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d60| 00 00 00 00 00 00 00 00 | 01 00 00 00 00 00 00 00 |........|........|
|00000d70| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d80| 00 00 00 00 31 22 00 41 | 20 66 69 72 6d 20 70 6c |....1".A| firm pl|
|00000d90| 61 6e 73 20 74 6f 20 69 | 73 73 75 65 20 6e 65 77 |ans to i|ssue new|
|00000da0| 20 73 65 63 75 72 69 74 | 69 65 73 2e 2e 2e 20 01 | securit|ies... .|
|00000db0| 00 68 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |.h......|........|
|00000dc0| 00 00 00 00 00 00 00 00 | 00 00 00 01 00 00 00 00 |........|........|
|00000dd0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000de0| 00 00 00 00 00 00 00 31 | 23 00 5f 5f 5f 5f 5f 5f |.......1|#.______|
|00000df0| 5f 5f 5f 5f 20 61 6e 20 | 65 78 69 73 74 69 6e 67 |____ an |existing|
|00000e00| 20 69 6e 76 65 73 74 6f | 72 20 69 6e 20 61 2e 2e | investo|r in a..|
|00000e10| 2e 20 01 00 68 00 00 00 | 00 00 00 00 00 00 00 00 |. ..h...|........|
|00000e20| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 01 00 |........|........|
|00000e30| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000e40| 00 00 00 00 00 00 00 00 | 00 00 31 24 00 59 6f 75 |........|..1$.You|
|00000e50| 20 70 72 65 73 65 6e 74 | 6c 79 20 6f 77 6e 20 37 | present|ly own 7|
|00000e60| 2e 35 25 20 6f 66 20 74 | 68 65 20 73 74 6f 63 6b |.5% of t|he stock|
|00000e70| 2e 2e 2e 20 20 01 00 68 | 00 00 00 00 00 00 00 00 |... ..h|........|
|00000e80| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000e90| 00 01 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ea0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 31 25 00 |........|.....1%.|
|00000eb0| 41 6e 20 69 6d 70 6f 72 | 74 61 6e 74 20 64 69 66 |An impor|tant dif|
|00000ec0| 66 65 72 65 6e 63 65 20 | 62 65 74 77 65 65 6e 20 |ference |between |
|00000ed0| 61 2e 2e 2e 20 20 20 20 | 01 00 68 00 00 00 00 00 |a... |..h.....|
|00000ee0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ef0| 00 00 00 00 01 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000f00| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000f10| 31 26 00 49 66 20 61 20 | 66 69 72 6d 20 70 6c 61 |1&.If a |firm pla|
|00000f20| 6e 73 20 61 20 70 75 62 | 6c 69 63 20 69 73 73 75 |ns a pub|lic issu|
|00000f30| 65 20 6f 66 20 6e 65 77 | 2e 2e 2e 01 00 68 00 00 |e of new|.....h..|
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|00003bd0| 56 65 6e 74 75 72 65 20 | 63 61 70 69 74 61 6c 69 |Venture |capitali|
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|00003c40| 46 20 59 6f 75 20 61 72 | 65 20 63 6f 72 72 65 63 |F You ar|e correc|
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|00003c60| 5c 66 30 7d 7b 5c 66 31 | 7d 7d 7b 5c 44 46 20 56 |\f0}{\f1|}}{\DF V|
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|00003c90| 20 69 6e 20 66 69 72 6d | 73 20 74 68 61 74 20 77 | in firm|s that w|
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|00003cc0| 6c 79 20 65 61 72 6c 79 | 20 65 78 69 74 20 73 6f |ly early| exit so|
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|00003cf0| 68 65 72 20 6e 65 77 20 | 66 69 72 6d 73 2e 20 52 |her new |firms. R|
|00003d00| 65 76 69 65 77 20 73 65 | 63 74 69 6f 6e 20 31 36 |eview se|ction 16|
|00003d10| 2e 31 2e 20 7d 00 00 00 | 00 00 00 00 00 01 00 00 |.1. }...|........|
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|00003d90| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 33 01 00 |........|.....3..|
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|00003dd0| 00 00 50 00 7b 20 56 65 | 6e 74 75 72 65 20 63 61 |..P.{ Ve|nture ca|
|00003de0| 70 69 74 61 6c 69 73 74 | 73 20 75 73 75 61 6c 6c |pitalist|s usuall|
|00003df0| 79 20 64 6f 20 6e 6f 74 | 20 61 63 74 69 76 65 6c |y do not| activel|
|00003e00| 79 20 70 61 72 74 69 63 | 69 70 61 74 65 20 69 6e |y partic|ipate in|
|00003e10| 20 72 75 6e 6e 69 6e 67 | 20 74 68 65 20 66 69 72 | running| the fir|
|00003e20| 6d 2e 20 7d 08 00 7b 20 | 54 72 75 65 20 7d 09 00 |m. }..{ |True }..|
|00003e30| 7b 20 46 61 6c 73 65 20 | 7d 00 00 00 00 00 00 85 |{ False |}.......|
|00003e40| 00 7b 5c 66 6f 6e 74 74 | 62 6c 7b 5c 66 30 7d 7b |.{\fontt|bl{\f0}{|
|00003e50| 5c 66 31 7d 7d 7b 5c 44 | 46 20 54 68 65 79 20 74 |\f1}}{\D|F They t|
|00003e60| 79 70 69 63 61 6c 6c 79 | 20 72 65 71 75 69 72 65 |ypically| require|
|00003e70| 20 61 63 74 69 76 65 20 | 70 61 72 74 69 63 69 70 | active |particip|
|00003e80| 61 74 69 6f 6e 20 69 6e | 20 74 68 65 20 64 61 79 |ation in| the day|
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|00003ea0| 65 73 20 6f 66 20 74 68 | 65 20 66 69 72 6d 2e 20 |es of th|e firm. |
|00003eb0| 52 65 76 69 65 77 20 73 | 65 63 74 69 6f 6e 20 31 |Review s|ection 1|
|00003ec0| 36 2e 31 2e 20 7d 2b 00 | 7b 5c 66 6f 6e 74 74 62 |6.1. }+.|{\fonttb|
|00003ed0| 6c 7b 5c 66 30 7d 7b 5c | 66 31 7d 7d 7b 5c 44 46 |l{\f0}{\|f1}}{\DF|
|00003ee0| 20 59 6f 75 20 61 72 65 | 20 63 6f 72 72 65 63 74 | You are| correct|
|00003ef0| 21 20 7d 00 00 00 00 00 | 00 00 00 01 00 00 00 00 |! }.....|........|
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