More early stage capital, Theresa argues, will lead to more investible social businesses for the larger funds.

Theresa议论道，资本投入在越早的阶段，就会使社会企业对于那些更大的金主们变得更具投资性。

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As they were abandoned in the early 1980s, capital started flowing round the world at an ever faster rate, with the finance sector taking a cut at every stage.

20世纪80年代初期严格的资本控制被束之高阁，资本就开始以更加快速的速度在世界各地流动，金融部门层层剥削。

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Finally, this characteristic is aligned with early-stage programs such as Y Combinator, Tech Stars and Capital Factory.

最后，这些特点与早期创业项目，如Y Combinator，科技之星和资本工厂是一致的。

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If the company succeeds, these investors can get a windfall by providing this early stage capital to startups that had a great idea.

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Importance of SBIR as a Vehicle for Early Stage Capital: Several entrepreneurs at the forum spoke of the advantages of the Small Business Investment Research program as a source of capital at the stage of business maturation when it is difficult to gain access to capital.

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The problem is that taxing Carried Interest as capital gains for early stage venture capital (VC) firms is not a loophole but is essential for starting new companies and spurring job creation.

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