Which One of the Following Statements Concerning Venture Capitalists Is

Which one of the following statements concerning venture capitalists is correct?

A) Venture capitalists always assume management responsibility for the companies they finance.
B) Exit strategy is a key consideration when selecting a venture capitalist.
C) Venture capitalists limit their services to providing money to start-up firms.
D) Most venture capitalists are long-term investors in the companies they finance.
E) A venture capitalist normally invests in a new idea from conception through the IPO.