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风险投资是由职业金融家投入到新兴的、迅速发展的、有巨大活力的中小型企业中的一种权益资本。它不同于传统的银行业务,传统的银行业务是采用提供服务,赚取服务费。而风险投资是采取购买企业资产,并参与管理使资产增值,最后通过出售所持有的资产(如:股票)从而赚取利润。风险投资的特点是高风险、高收益。风险投资存在高风险,这是因为:风险投资选择的主要投资对象是处于发展早期阶段的中小型高科技企业(包括企业的种子期、导入期、成长期),这些企业存在较多风险因素。风险投资是长期投资,投资的回收期一般在4-7年,而且资金的流动性也很差。
Venture capital is a kind of equity capital invested by professional financiers into emerging, rapidly developing and viable small and medium-sized enterprises. It is different from the traditional banking business, the traditional banking business is to provide services to earn service fees. The venture capital is to take the purchase of corporate assets, and participate in the management of asset value-added, and finally by the sale of assets held (such as: stock) and thus make a profit. Venture capital is characterized by high-risk, high-yield. Venture capital is highly risky because: The main investment targets for venture capital investments are small and medium-sized high-tech enterprises (including the seed, import and growth stages of an enterprise) at an early stage of development. These enterprises have more risk factors. Venture capital is long-term investment, investment recovery period is generally 4-7 years, and the liquidity of funds is also poor.