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Which one of the following statements is NOT true? Select one: O A. Venture capitalists often require an entrepreneur to make a substantial personal investment

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Which one of the following statements is NOT true? Select one: O A. Venture capitalists often require an entrepreneur to make a substantial personal investment in the business. B. Venture capitalists do not require an entrepreneur to make a personal investment in the business. C. Venture capitalist's in-depth knowledge of the industry and technology reduces risk. O D. The key idea behind staged funding is that each funding stage gives the venture capitalist an opportunity to reassess the management team and the company's financial performance

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