Please choose the best answer to the following question from the four choices below:

Q. The primary reason entrepreneurs who raise outside equity need to sell their company is: Group of answer choices

Because they end up facing well-entrenched and better funded competitors.

Because their investors need to receive a return on their capital.

Because they run out of cash and can't raise external funding.

Because they decide they want to do something different and more entrepreneurial after having built a successful company.