Which One of the Following Statements Concerning Venture Capitalists Is

Multiple Choice

Which one of the following statements concerning venture capitalists is correct?

A) Venture capitalists assume management responsibility for the firms they finance.
B) Exit strategy is a key consideration when selecting a venture capitalist.
C) Venture capitalists limit their services to providing money to start-up firms.
D) Most venture capitalists are long-term investors in a firm.
E) A venture capitalist normally invests in a new idea and finances that idea until the newly-formed firm can issue an IPO.