Tactics that venture capitalists use to reduce the risk of their investment include:

O funding the ventures in stages, requiring entrepreneurs to make personal investments, syndicating investments, and

maintaining in$-$depth knowledge about the industry in which they specialize.

O funding the ventures in stages, requiring entrepreneurs to take charge of all important business decisions.

O funding the ventures completely in the beginning, requiring entrepreneurs to make personal investments, syndicating

investments, and maintaining in$-$depth knowledge about the industry in which they specialize.

O funding the ventures in stages, and without any in$-$depth knowledge about the industry.