What is one characteristic of a venture capitalist?

Venture capitalists are known for their ability to invest in a variety of projects simultaneously. This approach allows them to diversify their investments across different sectors and stages of business development, thereby spreading risk and increasing the chances of substantial returns. By investing in multiple startups, they have the potential to support numerous innovations and market solutions, which aligns with their goal of identifying high-growth opportunities.

The focus of venture capitalists on multiple projects is strategic; it enables them to mitigate the risk associated with the inherent uncertainty of investing in startups. This characteristic distinguishes them from other types of investors who may concentrate their efforts on one specific venture or industry.

In contrast, the other options do not accurately represent the typical behavior or preference of venture capitalists. For instance, funding only non-profit organizations or exclusively technology startups would limit their investment opportunities significantly. Additionally, while relationships can be important in business, a personal connection is not a strict requirement for venture capitalists in their investment decisions, as they often rely more heavily on the potential for financial returns.