Which of the following statements is NOT true regarding venture capitalists?
A) They can provide substantial capital for young companies.
B) Firms offer limited partners a number of advantages over investing directly in start-ups themselves as angel investors.
C) They use their control to protect their investments, so they may therefore perform a key nurturing and monitoring role for the firm.
D) They might invest for strategic objectives in addition to the desire for investment returns.
Correct Answer:
Verified
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