Which of the following statements regarding venture capitalists is most accurate

A.They do not provide capital for young companies.

B.The firms do not offer limited partners a number of advantages over investing directly in start-ups themselves as angel investors

C.They might invest for strategic objectives in addition to the desire for investment returns.

D.They use their control to protect their investments, so they may therefore perform a key nurturing and monitoring role for the firm

E.They are typically friends or acquaintances of the entrepreneur.