Trevon is opening a cookie bakery in his small town. He is saving the funds that he needs to open his business and is considering crowdsourcing the last $10,000. He has already saved $60,000 to buy the needed equipment and get through a few slow months. A friend suggests that he find a venture capitalist. Is this a good suggestion?
A: No, venture capitalists are only for tech businesses.
B: No, venture capitalists tend to invest in higher risk businesses.
C: Yes, they will likely want to invest much more than the $10,000 he needs.
D: Yes, this is exactly the kind of innovated business venture capitalists prefer.