Which of the following statement is CORRECT? Group of answer choices

VCs actively participate in the management of the startup co. as VCs hold majority ownership of the startup co.

VCs contract to have the right to elect board members more than their ownership shares as VCs hold minority ownership of the startup co.

VCs actively participate in the management of the startup co. by holding the executive positions in a startup co.

VCs are passive investor in a startup co.