Which of the following statements is NOT true regarding venture capitalists? A) They can provide substantial capital for young companies. B) They offer limited partners a number of advantages over...

Which of the following statements is NOT true regarding venture capitalists? A) They can provide substantial capital for young companies.

B) They 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.