Which one of the following statements about venture capitalists is not correct? O Angel venture capitalists are wealthy individuals who fund business start-ups The federal government licenses some private firms to provide lower-cost funds to e ntrepreneurs Venture capitalists are passive investors. O Venture capitalists contribute to equity financing rather than make loans. Most private venture capitalists are organized as limited partnerships. An entrepreneur looking for financing to get her small, personally-owned business up and running should probably consider O a syndicated loan. a public debt offering. an IPO O a venture capitalist. O a seasoned stock offering. The trading activity involving purchases of large blocks of securities on the expectation of a favorable price move over the next several weeks or months is called O hedging O position trading. O day trading O program trading O pure arbitrage