许多硅谷新开办公司的模式往往是先吸收来自风险投资的巨额资金，然后让用户免费使用他们的产品以达到占领市场份额的目的。

Too many Silicon Valley start-ups suck up millions from venture capitalists before giving their product away for free in an effort to attract a huge market share.

youdao

在外汇市场，风险投资也重新冒头。

Risk appetite is resurfacing in currency markets, too.

youdao

毕竟，作为一个风险投资家必须明白小的私营公司如何能在大的市场竞争对手面前处于上风的经营方式。

After all, as a venture capitalist it is imperative to understand ways in which a smaller private company can gain the upper hand on a large incumbent.

youdao

Suppose you step out in the risk spectrum and put a dollar into the bond market.

假设你愿承担更多风险,将一美元投资于债券市场

耶鲁公开课 - 金融市场课程节选

As a matter of fact,there might not even be a benchmark against which you can measure results and you'd think about the venture capital world.

事实上,甚至也许没有一个指标,能用来衡量这些市场的投资结果,想想风险投资领域

耶鲁公开课 - 金融市场课程节选

I mean,this romantic notion of what goes on in Silicon Valley actually still holds true in a lot of cases but there's absolutely no way, as a venture capital investor, you could index the venture capital market.

比如,硅谷崛起的故事,实际上许多其他地方也有类似的例子,但是对于风险投资者来说,指数化风险资本市场,是绝对不可能的

耶鲁公开课 - 金融市场课程节选