Question 9 Which of the following statements regarding the venture capital are true? 1. VC investors purchase an equity stake in the enterprise and usually are actively involved in the business management of the firm in which they invest. 11. Venture capitalists usually adopt a buy-and-hold strategy with an investment horizon of over 20 years. III. Venture capitalists' exit strategy is to take the firm public or find a buyer for the firm. IV. In addition to providing funding, angel investors tend to also provide guidance, as their names imply, in the management of the invested startup firms. Select one: a. I and III b. III and IV c. I and II od. I, II, and IV e. All of them Time left 1:57:56