Question:What is the importance of the intellectual property (IP) which venture capitalists focus heavily on? 

A Companies with no IP will never succeed 

B Companies who have IP may be competing against firms with similar IP 

C Venture capitalists want to make sure the company is not at risk of being sued over the IP 

D IP can be a key deciding factor, as the target company's success or failure may hinge on the IP they own 

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