Which of the following is NOT a reason why an investor would choose to invest in new and growing firms as a limited partner in a venture capital firm rather than making those investments directly by themselves?
◦ The investor will have a direct say in how the companies that the venture capital firm funds will be run.
◦ A venture capital firm generally has a wide range of expertise among its general partners.
◦ Venture capital firms use their control of the companies they invest in to protect those investments.
◦ The investments of venture capital firm are more diversified than the investments of a single individual.