What is a primary characteristic of a venture capitalist?

A primary characteristic of a venture capitalist is that they invest in new ventures for ownership shares. Venture capitalists provide funding to startups and small businesses that have high growth potential in exchange for equity, or partial ownership, in the company. This kind of investment is crucial for new businesses that may not have access to traditional funding sources like banks or public markets.

Venture capitalists not only supply capital but also often provide guidance and expertise to help the businesses grow, leveraging their networks and experience to enhance the startup's chances of success. The aim is to realize substantial returns when the company eventually goes public or is acquired, making this characteristic a fundamental aspect of their role in the entrepreneurial ecosystem.

The other options suggest different financial strategies or focuses that are not typical or exclusive to venture capitalists, highlighting how their unique approach to investing is essential for fueling innovation and economic growth.