Which statement is true? Venture capitalists tend to be long-term investors in a firm. Venture capitalists generally have an exit strategy. Venture capitalists generally provide all of their funding in one lump sum. Venture capital is relatively easy to obtain given today’s markets. Venture capitalists tend to invest in a vast array of enterprises rather than specialize in

The correct answer is venture capitalists generally have an exit strategy

Explanation:

Venture capitalists are private individuals that make funds available to high growth startups in exchange for equity stake in the company.

Venture capitalists usually have an exit plan, in that their investment for short to medium term,as they intend to dispose their investment when it is most profitable to do so,with aim of reaping high returns overall on  their initial investment.

Venture capital is not easy to obtain, as a business must show signs of high growth in near future to attract venture capitalists.

Venture capitalists do not invest in all forms of businesses as they only place their funds in selected business ventures

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