Which of the following is a disadvantage of venture capital?

• a.)
• Venture capitalists do not have a method for diversifying their risk.
• b.)
• Like a bank loan, venture capital must eventually be repaid, although the terms are more flexible.
• c.)
• Companies that receive venture capital are more closely monitored by investors than they might otherwise be.
• d.)
• Companies that receive venture capital transfer full ownership of the company to investors until the IPO.