Refer to the Opening Case - AngelList Helps Entrepreneurs Build

Refer to the Opening Case - AngelList Helps Entrepreneurs Build Companies: Which of the following is not a correct statement concerning Anglelist?

A) Anglelist has a feature called "Syndicates," which let investors pool their money under the direction of a single investor.
B) Weathy investors who lead Angle List syndicates are called "Leads"
C) Startups have to handle their own regulatory paperwork.
D) Lead investors decide how to invest the funds of those who follow them.