尽管有这些结构性和文化性问题，欧洲已经开始转变，尤其是当美国创业资本投资人近期开始输出这种模式。
Yet for all its structural and cultural problems, Europe has started to change, not least because America's venture capitalists have recently started to export their model.
首先，尽管没有创业者就没有风险资本，但是他们总是构成这个行业的个体。其二，风险资本投资者风险资本研究最库直接的利益相关者。
Second, venture capitalists are the most clear and immediate of stakeholders for venture capital research.
今天，权力正在从硅谷“海龟”和风投资本家向在本土接受培训和教育的新一代创业者转移。
Today, the power is shifting from the Silicon Valley "returnees" and venture capitalists to a new generation of locally trained and educated entrepreneurs.
天籁以小资本额创业，因为创办人当初没办法为这个风险高的事业找到投资人。
EarthSound started on a shoestring because the founders couldn't find any investors for such a risky venture.
在新创业投资理论框架下，本文给出了两种相互印证、互为补充的创业投资资本资产定价方法。
Secondly, under the framework of the new definition of venture capital, two kinds of venture capital asset pricing methods which complementing each other are given.
一是运用实物期权方法研究创业投资资本资产定价的单期模型，并推广到适应N期决策的一般模型。
First, the method of real options is used to study venture capital asset pricing model of a single period, and extended to the general model of venture capital decision-making of the N periods.
作为高风险与高收益的结合体，创业投资的高收益依赖于“投入—回收—再投入”的不断资本循环以得到资本增值。
As a collection of high risk and high yield, capital appreciation of venture capital increases by a continuous capital circulation of "Investing-Recycling-Reinvesting".
作为高风险与高收益的结合体，创业投资的高收益依赖于“投入—回收—再投入”的不断资本循环以得到资本增值。
As a collection of high risk and high yield, capital appreciation of venture capital increases by a continuous capital circulation of "Investing-Recycling-Reinvesting".
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