Venture capital is one system engineering ， it origin not only from venture capital firm ' s meticulous work but the perfection and development of the whole economic system 风险投资是一项系统工程，它不仅由来于风险投资公司的精心运作，而且需要整个经济体制、资本市场的完善和发展。
4th , operation and withdrawing of vc . from the points of investor , it expounds some viewpoints of seeking project & evaluating , financing & project management , and means of withdrawing 这一章从风险投资公司的角度论述了寻找和评估投资项目，投资和项目管理及投资资金的几种回收方式。
Concrete conclusions include : i on the basis of research on the investment strategy of vc company and the aims of vc company , a strategic room choosing model of vc projects is brought up 得出以下结论：首先讨论了风险投资公司的投资战略，提出了风险投资项目战略空间选择模型。
Venture - capital firms are often demanding , setting ambitious commercial objectives ? milestones , as they are known ? and complex provisions to protect the value of their shares 风险投资公司总是喜欢发号施令，制订野心勃勃的商业目标? ?也就是众所周知的里程碑? ?并订立复杂的条款来保障他们股份的价值。
Then expound the present situation of all kinds of venture capital companies in china and analyze the problems existing in their risk managements and the concrete reasons for it 第二节详细分析了我国各类型风险投资公司的发展现状，并在此基础上透彻分析了我国风险投资公司在风险管理上存在的问题及其原因。
Since 1946 when the first venture capital corporation , american research & development corporation , was founded , venture capital has stepped into a course of systematization and specialization 自1946年世界上第一个风险投资公司-美国研究发展公司(简称ar d )成立后，风险投资步入了制度化与专业化的历程。
At y combinator we still only have four people , so we try tostandardize everything . we could hire employees , but we want to beforced to figure out how to scale investing 在我的风险投资公司中，我们现在还是只有4个人。所以，我们试着将一切都标准化。我们可以雇用更多的人，但是我们想强迫自己，找到有效投资的方法。
The principle of portfolio investment is that the venture capital is invested into different industries and different projects , or make a cooperation with other investing companies to invest a company 组合投资原则，即将风险资金按一定比例投向不同行业、不同企业（项目） ，或联合几个风险投资公司共同向一家企业投资。
