Which of the Following Are True Statements

Multiple Choice

Which of the following are true statements?
I.Venture capitalists tend to be long-term investors in a firm.
II.Venture capital is relatively easy to obtain for most new firms.
III.Venture capitalists generally have an exit strategy.
IV.Venture capitalists tend to specialize in one type of financing for a select type of firm.

A) I and II only
B) III and IV only
C) I and III only
D) I and IV only
E) II and IV only