Which ONE of the Following Statements Is True

Which ONE of the following statements is true?

A) The venture capital industry as we know it today emerged in the 1970s with the formation of the first venture capital limited partnerships.
B) Modern venture capital companies tend to specialise in a specific line of business, such as hospitality, food manufacturing, or medical devices.
C) A significant number of venture capital companies focus on high-technology investments.
D) All of the above are true statements.