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。

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European governments enthusiastically promote the recycling of almost everything else, but the importance of recycling capital has yet to sink in.

ECONOMIST: Share buybacks in Europe