The best venture partnerships understand this dynamic and take it into account in their decision-making.

顶级风投合伙企业都深知这一点，决策时会考虑这个问题。

youdao

If I were free to seek my own fortune-if I were free to go as a common sailor-if I were free to venture on my own account to the farthest end of the world-i would gladly go!

如果我可以自由地去寻找运气的话，如果我可以当一名普通的船员出去的话，如果我可以自由地自己承担风险，航行到天涯海角的话，那么我将高高兴兴地出去！

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Unless otherwise agreed in writing by the Management Team no payments shall be made or money withdrawn from the account except for the purposes of the Joint Venture.

除非另有管理团队书面同意，否则不应该从经常帐户付款或者提钱，除非以联营企业为目的而使用。

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Foreign and joint-venture sales account for up to 80% of the market in some of China's larger cities.

ECONOMIST: Pharmaceuticals in China

This also takes into account that many venture investors do not (or are not allowed to) sell most of their shares in a company for at least six months after the IPO.

FORBES: Midas List 2013: The Methodology

Is my deal one of the 15 that will account for 96% of all venture returns?

FORBES: What If Founders Did Venture Capital Math?