For five years, it worked on building its user base and perfecting its product, resisting pleas from venture capitalists to figure out how to make money.
它用五年时间培育自己的用户群，完善自己的产品，在风险投资对他们如何赚钱指手画脚时顶住压力。
Well, a joint venture means preferred treatment for the investors. A joint venture pays less income tax or even no income tax at all under certain conditions in the first five profit making years.
搞合资企业，投资者可以享受到优惠的待遇，合资企业头5个获利年度可以省缴所得税，在一些情况下，甚至完全不缴所得税。
A joint venture pays less income tax, or even no income tax at all under certain conditions in the first five profit-making years.
合资企业头5个获利年度可以少缴所得税，在某种条件下，甚至完全不缴所得税。
A joint venture pays less income tax, or even no income tax at all under certain conditions in the first five profit-making years.
合资企业头5个获利年度可以少缴所得税，在某种条件下，甚至完全不缴所得税。
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