For the most part, they play supporting roles, such as with due diligence, research, working on cap tables and scouting for deal flow.

FORBES: Why Doesn't a VC Say 'Yes' or 'No'?

Labour MPs have failed to block controversial plans to cap working-age benefit rises at 1% as the proposals passed through the House of Commons.

BBC: Planned 1% benefits rises cap backed by MPs

Asked about government plans to cap working age benefits at 1% - including the rise in the pay of public sector workers, out-of-work benefits, and tax credits - Mr Cameron said "those are all in my view absolutely right decisions".

BBC: Child benefit change is right approach, David Cameron says