Which of the Following Statements Regarding Private Equity Investors Is

Which of the following statements regarding private equity investors is most accurate?

A) A venture capital firm specializes in raising money to invest in the equity of public firms.
B) Venture capitalists typically control about three-quarters of the seats on a start-up's board of directors,and often represent the single largest voting block on the board.
C) The initial capital that is required to start a business is usually provided by the entrepreneur herself and venture capital investors.
D) A limited partnership that buys equity in small private firms is called an angel investor.
E) Institutional investors are typically the limited partners in a venture capital firm.