大學(xué)核心商務(wù)英語讀寫教程3Unit2-VENTURE-CAPITAL課件

UNITTWOVENTURECAPITAL耿鋪徑閘擊嚼暗泳夏敲恒錄嫩蓮潤光訴匙僥淵憚逝航啦逐輾佳滌蘋宙巷榔大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALUNITTWO耿鋪徑閘擊嚼暗泳夏敲恒錄嫩蓮潤光訴匙僥淵憚逝1ObjectivesTogetfamiliarwithcasestudyToknowsomethingaboutventurecapital

TolearnnewwordsandexpressionsTomasterhowtoanalyzedifficultandlongsentences老荷銹蟻墾沒篩貿(mào)蓖椿糾清醋陣匹嫌盅陜料皚頒邏例令氮父新旦雜擠錫綻大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALObjectivesTogetfamiliarwith21.BackgroundInformation2.IntroductiontotheText3.BusinessTerms4.WordsandExpressions5.NotestotheTextTextAIntroductiontoVentureCapital溯閃純制亂汞抱貝飯電幀勘腦唉蠟患談疼失廁右塢湖夢虹龐剔玲禾閻薦捉大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL1.BackgroundInformation2.In3Venturecapitalisprovidedasseedfundingtoearly-stage,high-potential,growthcompaniesandmoreoftenaftertheseedfundingroundasgrowthfundinground(alsoreferredasSeriesAround)intheinterestofgeneratingareturnthroughaneventualrealizationeventsuchasanIPOortradesaleofthecompany.Toputitsimply,aninvestmentfirmwillgivemoneytoagrowingcompany.Thegrowingcompanywillthenusethismoneytoadvertise,doresearch,buildinfrastructure,developproductsetc.Theinvestmentfirmiscalledaventurecapitalfirm,andthemoneythatitgivesiscalledventurecapital.Theventurecapitalfirmmakesmoneybyowningastakeinthefirmitinvestsin.Thefirmsthataventurecapitalfirmwillinvestinusuallyhaveanoveltechnologyorbusinessmodel.1.BackgroundInformation熟殉泵旭溯掌廚瘁踏浦貶蓑汗嘆谷慧蜘粘碑重脂箍茲乍黎穗家札袋臻市曬大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALVenturecapitalisprovidedas4Venturecapitalinvestmentsaregenerallymadeincashinexchangeforsharesintheinvestedcompany.Itistypicalforventurecapitalinvestorstoidentifyandbackcompaniesinhightechnologyindustries,suchasbiotechnologyandIT.Venturecapitaltypicallycomesfrominstitutionalinvestorsandhighnetworthindividuals,andispooledtogetherbydedicatedinvestmentfirms.Venturecapitalfirmstypicallycomprisesmallteamswithtechnologybackgrounds(scientists,researchers)orthosewithbusinesstrainingordeepindustryexperience.AcoreskillwithinVCistheabilitytoidentifynoveltechnologiesthathavethepotentialtogeneratehighcommercialreturnsatanearlystage.1.BackgroundInformation逾了聚淌波槽隙忻砒邑吳嘩痔秀輸橙恭仔遠(yuǎn)榜撼炬然玻公隅曠擋纜憫小狹大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALVenturecapitalinvestmentsar5

ThemeoftheText：TextAintroducessomebasicinformationaboutventurecapital.Fromsuchaspectsasitsdefinition,capitalists’intentionsandpreferences,runnningterm,etc.aclearandthoroughpanoramaofventurecapitalispresented.2.IntroductiontotheText揪窿蚌收昌撒旅嶼架醞滔際兒腸覆蘊(yùn)名謅苞蠶串湯寓沛抄隴鉗篷剝笑胸爵大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALThemeoftheText：2.Introd6本商務(wù)語篇為說明文體，具體為商務(wù)信息簡介。文章介紹了有關(guān)風(fēng)險(xiǎn)投資的一些基本常識(shí)。文章從什么是風(fēng)險(xiǎn)投資、風(fēng)險(xiǎn)投資的投資意向和偏好、風(fēng)險(xiǎn)投資的期限、以及風(fēng)險(xiǎn)投資的資金籌措和具體投資過程等諸多方面將有關(guān)風(fēng)險(xiǎn)投資的信息呈現(xiàn)在讀者面前。

由于文章的寫作目的是介紹基本常識(shí)，所用語言力求簡明準(zhǔn)確、淺顯易懂，避免出現(xiàn)過于專業(yè)化的詞匯用語。但由于文章本身具有的商業(yè)元素，不可避免地涉及到一些專業(yè)化的商業(yè)詞匯使用，如第六段中出現(xiàn)的“有限合伙”、最后一段提及的“天使投資”等，這些專業(yè)化詞語的使用可避免冗長的解釋，節(jié)省了版面。文體特征分析2.IntroductiontotheText

釣雨柏置利魯爛宏青慎重腋通職剃向嫩丑顛庶疆疆研猖創(chuàng)文它馱避冰身受大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL本商務(wù)語篇為說明文體，具體為商務(wù)信息簡介。文章介紹了有關(guān)風(fēng)7Alimitedpartnershipconsistsoftwoormorepersons,withatleastonegeneralpartnerandonelimitedpartner.WhileageneralpartnerinanLPhasunlimitedpersonalliability,alimitedpartner'sliabilityislimitedtotheamountofhisorherinvestmentinthecompany.LP'sarecreaturesofstatutesincetheymustfilewiththestatetoformthem.Becauseofthelimitedliabilityoflimitedpartnerships,theyoftenareusedasvehiclesforraisingcapital.Thelimitedpartnershipisaseparateentityandfilestaxesasaseparateentity.1.LimitedPartnership/LP有限合伙3.BusinessTerms

國嶺廄怒肺由棺砸燦朽如鉛校境刮軍潘瓶賠答溉降息拎憑蔫唇濤九卓怖魚大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALAlimitedpartnershipconsists8Anangelinvestororangel(alsoknownasabusinessangelorinformalinvestor)isanaffluentindividualwhoprovidescapitalforabusinessstart-up,usuallyinexchangeforconvertibledebtorownershipequity.Asmallbutincreasingnumberofangelinvestorsorganizethemselvesintoangelgroupsorangelnetworkstoshareresearchandpooltheirinvestmentcapital.2.businessangels天使投資

3.BusinessTerms

蹤夸汗戮浴賈接冕貍掄牙繃躁湊同憊愧忘粵吸勺衙親殷異盲諾霓扦賢吊齊大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALAnangelinvestororangel(al9Ordinarysharesarealsoknownasequitysharesandtheyarethemostcommonformofshare.Anordinarysharegivestherighttoitsownertoshareintheprofitsofthecompany(dividends)andtovoteatgeneralmeetingsofthecompany.Sincetheprofitsofcompaniescanvarywildlyfromyeartoyear,socanthedividendspaidtoordinaryshareholders.Inbadyears,dividendsmaybenothingwhereasingoodyearstheymaybesubstantial.

3.ordinaryshares普通股

3.BusinessTerms

凍硫喂畸貫垮晚畜崖鰓亦硝西躲簽鈾什糧呆馴軌俘炕暖尚育開濤坑籌醋景大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALOrdinarysharesarealsoknown10Somebusinessesmaychoosetopayoutadividendevenifithashadadifficulttradingyearandhasmadealoss!Ordinaryshareholderscanvoteonalloftheissuesraisedatageneralmeetingofthecompanyincluding:AppointmentofdirectorsandauditorsWhethertoacceptthedividendproposedChangestothecompany'sconstitution(memorandumandarticlesofassociation)3.ordinaryshares普通股

3.BusinessTerms

續(xù)蒼空晰娜苔捻奈傀波鉻蒼鳴邑稀廁立匪羹烯網(wǎng)蔓枯自擺蘆募矚乙成癱笛大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALSomebusinessesmaychooseto11Thesemayalsobeknownas“A”ordinaryshares,cumulativeconvertibleparticipatingpreferredordinarysharesorcumulativepreferredordinaryshares.Theseareequityshareswithpreferredrights.Typicallytheywillrankaheadoftheordinarysharesforbothincomeandcapital.Oncethepreferredordinarysharecapitalhasbeenrepaidandthentheordinarysharecapitalhasbeenrepaid,thetwoclasseswouldthenrankparipassuinsharinganysurpluscapital.Theirincomerightsmaybedefined;theymaybeentitledtoafixeddividend(apercentagelinkedtothesubscriptionprice)and/ortheymayhavearighttoadefinedshareofthecompany’sprofits–knownasaparticipatingdividend.Preferredordinaryshareshavevotes.4.preferredordinaryshares優(yōu)先普通股3.BusinessTerms

睛上搔慌更膠聯(lián)訛趾撇披淡不輕粵恐囂瓤跋蛀建佑蔗麻痙律塞啄韻晾侖麥大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALThesemayalsobeknownas“A”12Preferenceshares,alsocalledpreferredstock,arecapitalstockwhichprovidesaspecificdividendthatispaidbeforeanydividendsarepaidtocommonstockholders,andwhichtakesprecedenceovercommonstockintheeventofaliquidation.Likecommonstock,preferencesharesrepresentpartialownershipinacompany,althoughpreferredstockshareholdersdonotenjoyanyofthevotingrightsofcommonstockholders.

5.preferenceshares優(yōu)先股

3.BusinessTerms

情孟滅刑假姨操仿秧潔寅諸值啃槽苗娶氈耕恍饋儲(chǔ)逞驕績倪弘稗羞暮輛棱大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALPreferenceshares,alsocalled13Alsounlikecommonstock,preferencesharespayafixeddividendthatdoesnotfluctuate,althoughthecompanydoesnothavetopaythisdividendifitlacksthefinancialabilitytodoso.Themainbenefittoowningpreferencesharesarethattheinvestorhasagreaterclaimonthecompany'sassetsthancommonstockholders.Preferredshareholdersalwaysreceivetheirdividendsfirstand,intheeventthecompanygoesbankrupt,preferredshareholdersarepaidoffbeforecommonstockholders.Ingeneral,therearefourdifferenttypesofpreferredstock:cumulativepreferred,non-cumulative,participating,andconvertible.alsocalledpreferredstock.5.preferenceshares優(yōu)先股

3.BusinessTerms

傳謠盛惡蓬候樣吞瑩更達(dá)廟凹駒立搏僑札屎始贊瞪暖畜乍棵瓷腔趣材授姥大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALAlsounlikecommonstock,pref14Loancapital,alsocalledborrowedcapitalisapartofafirm'scapitalemployedthatisnotequitycapital,earnsafixedrateofinterestinsteadofdividends,andmustberepaidwithinaspecifiedperiod,irrespectiveofthefirm'sfinancialposition.Itmaybeobtainedfromabankorfinancecompanyaslong-termloans,orfromdebt-equityinvestorsintheformofdebenturesorpreferredstock(preferenceshares),andisusuallysecuredbyafixedand/orfloatingchargeonthefirm'sassets.Unlikedebtcapital,itdoesnotincludeshort-termloans.6.loancapital借貸資本3.BusinessTerms

萎呵辨洶栗菜甩獲巒饒舍莊衍聚富刪觀勢憂殉鴻沾慨侵緯圓駐咬氮瞧坎慨大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALLoancapital,alsocalledborr15(1)equity/’ekwiti/n.

ereMeaning4.WordsandExpressionsExampletheownershipinterestofshareholdersinacorporation

Theequitymarketsralliedandtheeconomyafterexperiencingahiccup,continuedtogrowforanother30months.股市上漲，經(jīng)濟(jì)在經(jīng)歷打擊后出現(xiàn)了連續(xù)30個(gè)月的增長。

頓穗黃樹班窮瑰欄包畢叭對佑嚴(yán)射揭娩值押啼起勁況冀鴿贊偽如連棗漂喚大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(1)equity/’ekwiti/n.ere16(2)turnaround/’t?:n?raund/n.

ereMeaning4.WordsandExpressionsExampletheprocessofortimeneededforperformingatask,especiallyreceiving,completing,andreturninganassignment

Itisagoodpolicythatleadingtofasterturnaroundandhigherthroughputwithlessdrainonstaffresources.在更少的人力資源的情況下，帶來更快的轉(zhuǎn)變和更高的產(chǎn)出，這不失為一個(gè)好政策。帛牢看廈魄咀淆暖纜支汪伊垃剩耽搜項(xiàng)昏去緊僵貌消并邏釋杉棟滬不砰乖大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(2)turnaround/’t?:n?raund/17(3)revitalize/ri:’va?tl,a?z/vt.

ereMeaning4.WordsandExpressionsExamplerestorestrength;givenewlifeorvigorto

Thestategovernmenttriedtorevitalizeaflaggingeconomy.政府試圖給正在衰退的經(jīng)濟(jì)以新生。宛消涕怕哀梯淚鋪草鋪敬酉雙迷爪階養(yǎng)滿東尖唇掄菩鎢餒輥擱芬戰(zhàn)毀箕菌大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(3)revitalize/ri:’va?tl,a?z18(4)entrepreneurial/?ntr?pr?'n?:r?l/a.

ereMeaning4.WordsandExpressionsExampleoforrelatingtoanentrepreneur

Theentrepreneurialspirit,whichbringsgreateremploymentopportunities,isthedynamoforeconomicgrowth.創(chuàng)業(yè)活動(dòng)帶來的不僅僅是就業(yè)機(jī)會(huì)，也帶來經(jīng)濟(jì)增長的動(dòng)力。彤賢官基津?yàn)R屠氈倔蹦咽鯨網(wǎng)膀雁垃招猩袒決薊評拉餡揩骨筑醇武徒壬竄大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(4)entrepreneurial/?ntr?pr?19(5)profile/’pr?ufail/n.

ereMeaning4.WordsandExpressionsExampleasideviewofanobjectorstructure,especiallyofthehumanhead;anoutlineofanobjectWecouldseetheprofileofadistanthillifitisveryclear.

如果天氣晴朗,我們可看到遠(yuǎn)山的輪廓。

露搗南摟默蒼嬰壽蹬娩漫兒坑數(shù)膿剪而頁壩大殺燥照厘箔兜掌鍛膊腰鹽攀大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(5)profile/’pr?ufail/n.e20(6)prospect/’pr?spekt/n.

ereMeaning4.WordsandExpressionsExamplesomethingexpected;apossibility;financialexpectations,especiallyofsuccess

Iseeno(notmuch)prospectofecomomicrecovery.我看不出經(jīng)濟(jì)有（多大）恢復(fù)的希望。枝毒涎惜跋愿綿衛(wèi)輾所繩檀末框漚宴哎姥劣陳吧飽己恩禾碰港餌靳銹釣?zāi)愦髮W(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(6)prospect/’pr?spekt/n.21(7)quote/kw?ut/v.

ereMeaning4.WordsandExpressionsExampletoofferasapriceoramount,tolist

Intheshortterm,theperceivedcheapnessofdebtispersuadingprivate-equitygroupsthattheycanmakebigprofitsfrombuyingquotedcompanies.短期之內(nèi)，在察覺到債券的廉價(jià)后，私人股權(quán)集團(tuán)會(huì)相信他們可以從購買上市公司取得高額利潤。拾故焊耘道猿謅遠(yuǎn)仗權(quán)析排由肺唐斧躍慨變散女誤他班必蕪際晝娠騎采舒大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(7)quote/kw?ut/v.ereMea22(8)viable/’va??b?l/adj.

ereMeaning4.WordsandExpressionsExamplecapableofsuccessorcontinuingeffectiveness;practicable

Engineersarestilltryingtocomeupwithacommerciallyviablereplacementforinternal-combustionengines.工程師在設(shè)法制造一種在商業(yè)上切實(shí)可行的發(fā)動(dòng)機(jī)來取代內(nèi)燃機(jī)。

錯(cuò)惠昏返胸炮締索列廉稍刑拒某俄宅茫昔事炕吭雁粵賽弟勒紫粗鉆晦湖病大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(8)viable/’va??b?l/adj.e23(9)exploit/iks’pl?it/vt.

ereMeaning4.WordsandExpressionsExampleemploytothegreatestpossibleadvantage

Manycountriesexploitoilunderthesea.許多國家在海底開采石油。

汕但嶼酣窗桐酞疲壩慘濫碟猿羽叉逼滅蠶趕忱靠令息陰汗射找槍罕封鄖澳大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(9)exploit/iks’pl?it/vt.24ereMeaning4.WordsandExpressionsExamplewithoutconsiderationof;regardlessof

Allrelationsofproductionandsuperstructures,irrespectiveoftheirnature,developwiththedevelopmentofproductiveforces.無論什么樣的生產(chǎn)關(guān)系和上層建筑，都要隨著生產(chǎn)力的發(fā)展而發(fā)展。

(10)irrespectiveof

斜巋短琴悔不晨幫跌鄖冤臻紋錯(cuò)爽悲商扮誹瀑旁湛襟跨貳氧片佩冠烽疥園大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALereMeaning4.WordsandExpre25ereMeaning4.WordsandExpressionsExampleaccordingtotheexperience;generallyspeaking

Asaroughruleofthumb,forevery1percentofgrossnationalproductdevotedtomilitaryspending,overalleconomicgrowthisreducedbyaboutone-halfapercent.一般原則大致是，國民生產(chǎn)總值毛額每百分之一用于軍事開支，全盤經(jīng)濟(jì)增長會(huì)減少百分之零點(diǎn)五。

(11)asaruleofthumb

器紹脊蔬揪衣鈍留懊舍畫茄棧淖渾鴻設(shè)吻圭流靜鷗喊瀑痘吸檔由棘刷通孔大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALereMeaning4.WordsandExpre26[解析]

本句中capital是主語，其后的that為capital同位語，被動(dòng)語態(tài)isinvested做謂語；wherethereisasubstantialelementofriskrelatingtothefuturecreationofprofitsandcashflows是定語從句，修飾business，其中現(xiàn)在分詞短語relatingtothefuturecreationofprofitsandcashflows在定語從句中做狀語。1.Inotherwords,capitalthatisinvestedinaproject,orabusinesswherethereisasubstantialelementofriskrelatingtothefuturecreationofprofitsandcashflows.(Para.1)5.NotestotheText濺揭緯犁嚎氈帛洱掛伙廂尉扯香鈞鍍痞絲臍脾頸渴故嘶主模宜妮激烈冷考大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]1.Inotherwords,capita27[釋義]

Whenthebusinessissoldtoanotherowner,theventurecapitalistcangiveupthebusinessbysellingitsshareholdingandgenerallyearnsthisreturn.

2.Thisreturnisgenerallyearnedwhentheventurecapitalist"exits"bysellingitsshareholdingwhenthebusinessissoldtoanotherowner.(Para.2)

5.NotestotheText四執(zhí)耿鴦滄忽惺搪距秉榆祭渣貨蹲惰逝傘抿佳綸哀雁疹蕭革拂亥槽脊跳上大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[釋義]2.Thisreturnisgeneral28[解析]

介詞短語withhighgrowthprospects和定語從句whicharemanagedbyexperiencedandambitiousteams都是修飾先行詞companies；而定語從句whoarecapableofturningtheirbusinessplanintoreality則是修飾先行詞teams。

3.Venturecapitalinvestorsareonlyinterestedincompanieswithhighgrowthprospects,whicharemanagedbyexperiencedandambitiousteamswhoarecapableofturningtheirbusinessplanintoreality.(Para.3)

5.NotestotheText鈕惠旦頰芳菊捍濃錨宮德仁了稅沙訂涸語牟議孺擅作煤褪拆嘩靜琉膏喇札大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]3.Venturecapitalinvest29[解析]

本句是一個(gè)比較狀語從句，兩個(gè)比較成分是Investmentsinmorematurebusinesses和investmentsinearly-stageortechnologycompanies，定語從句wherethebusinessperformancecanbeimprovedquickerandeasier和whereittakestimetodevelopthebusinessmodel分別修飾這兩個(gè)比較成分。

4.Investmentsinmorematurebusinesses,wherethebusinessperformancecanbeimprovedquickerandeasier,areoftensoldsoonerthaninvestmentsinearly-stageortechnologycompanieswhereittakestimetodevelopthebusinessmodel.(Para.4)5.NotestotheText矗鉛板習(xí)縷腳望塹付憾侶惟惺鋼航帖裂討殼多衷啪克秤漚括瑟如何棺牡盈大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]4.Investmentsinmorema305.Toobtaintheirfunds,venturecapitalfirmshavetodemonstrateagoodtrackrecordandtheprospectofproducingreturnsgreaterthancanbeachievedthroughfixedinterestorquotedequityinvestments.(Para.5)5.NotestotheText[釋義]Toobtaintheirfunds,venturecapitalfirmshavetodemonstrateagoodtrackrecordoftheirpastinvestmentandtheprospectofmoreproducingreturnsthatinvesterscanearnfrominvestinginventurecapitalfirmsthanthosetheyearnthroughfixedinterestorquotedequityinvestments.

豹唐窯屎鑿僵壤鴻眺饋苯壬涌倡采坊宣赴擄同晌比與妖銀活拭噴沒腦鐘趕大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL5.Toobtaintheirfunds,vent31[解析]

本句中動(dòng)詞demonstrate有兩個(gè)賓語，分別是agoodtrackrecord和theprospectofproducingreturns，greaterthancanbeachievedthroughfixedinterestorquotedequityinvestments是producingreturns的定語。

5.Toobtaintheirfunds,venturecapitalfirmshavetodemonstrateagoodtrackrecordandtheprospectofproducingreturnsgreaterthancanbeachievedthroughfixedinterestorquotedequityinvestments.(Para.5)5.NotestotheText舞雜吻劊竟薪股領(lǐng)褂棺油宦毀恰渺嚎黎祈矯戰(zhàn)桔課瑪?shù)鸩沫偨宦造栃防沾髮W(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]5.Toobtaintheirfunds,32[解析]

本句中approach是名詞，意為abusinessplanthatapproachesventurecapitalistfortheinitialevaluation。6.Mostapproachestoventurecapitalistsarerejectedatthisstage.(Para.8)

5.NotestotheText椿匯戒平和鈉坦撂智臉悼媳豐肋裝就修廣穗眨溢秋屈鹵犁獺啼鴦毛能薦績大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]6.Mostapproachestoven331.BackgroundInformation2.IntroductiontotheText3.WordsandExpressions4.NotestotheTextTextBSomeInsightsintoVentureCapital帖極黔臥隴狠吟輯冬吞言哇空劉逢餞犀仗司浮竭祥澄羹共恥固陌貫踏蓑距大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL1.BackgroundInformation2.In34Bydefinition,VCsalsotakearoleinmanagingentrepreneurialcompaniesatanearlystage,thusaddingskillsaswellascapital(therebydifferentiatingVCfrombuy-outprivateequity,whichtypicallyinvestincompanieswithprovenrevenue),andtherebypotentiallyrealizingmuchhigherratesofreturns.Inherentinrealizingabnormallyhighratesofreturnsistheriskoflosingallofone'sinvestmentinagivenstartupcompany.Asaconsequencemostventurecapitalinvestmentsaredoneinapoolformat,whereseveralinvestorscombinetheirinvestmentsintoonelargefundthatinvestsinmanydifferentstartupcompanies.Byinvestinginthepoolformat,theinvestorsarespreadingouttheirrisktomanydifferentinvestmentsversustakingthechanceofputtingalloftheirmoneyinonestartupfirm.1.BackgroundInformation姿游役埋薩構(gòu)稠有苗幟緊拓粱娟搓茅割命虞濁邵無僻忿社師護(hù)躬徒弊橫皖大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALBydefinition,VCsalsotakea35

ThemeoftheText：

TextBillustratessomepersonalinsightsintoventurecapital.Theauthorsharestenhelpfulsuggestionswiththosewhoareseekingventurecaptital,andremindsthemofgettingeverythingreadybeforetheeffortstobemadetoseekventurecapital.2.IntroductiontotheText痰宴纂溜渝蛋晰捧舅數(shù)蒜俠乳埂遣紀(jì)猾豺商捌透脫嚼籃額朔放注列創(chuàng)鞘廣大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALThemeoftheText：2.Introd36本商務(wù)語篇為個(gè)人商務(wù)觀點(diǎn)闡述。文章從10個(gè)方面分享了作者個(gè)人對尋求風(fēng)險(xiǎn)投資的有益見解，提醒處于創(chuàng)業(yè)期的的企業(yè)家在尋求風(fēng)險(xiǎn)投資時(shí)需要特別關(guān)注的有關(guān)事項(xiàng)，以便能夠盡快順利地獲得相應(yīng)的風(fēng)險(xiǎn)投資。

文體特征分析2.IntroductiontotheText

在全部10條見解中，作者三次用到“Rememberthat”這一語氣強(qiáng)烈、不容置疑的祈使結(jié)構(gòu)，反映出作者重點(diǎn)強(qiáng)調(diào)，希望相關(guān)人員能夠充分認(rèn)識(shí)到這一情況的強(qiáng)烈愿望。擂肄愚呼涼顧趾盎鈞諺抹禍觸廉屆屑祝赤媽肯齊哮滌帛蔑衍俏咐葵硼斧戚大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL本商務(wù)語篇為個(gè)人商務(wù)觀點(diǎn)闡述。文章從10個(gè)方面分享了作者個(gè)人37(1)forego/f?:’ɡ?u/v.

ereMeaning3.WordsandExpressionsExamplebeearlierintime;gobackfurther

Foregoexfoliatingtreatmentsataspaandwhipupyourown:Mixahandfulofcoarsesugarcrystalswithsomeoliveoil,andusetosloughoffdeadskinintheshower.在去礦泉療養(yǎng)院做去死皮治療前，可自己動(dòng)手護(hù)理一下：可將一把粗糖放入橄欖油內(nèi)攪拌，然后在淋浴時(shí)用攪拌液搓去身上的死皮。

蠻柳防匈鍬楓渙巫綴尚直萄需恍褂禾汞魯超莊胺狽恍保跟銀樓思鍋辭本駿大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(1)forego/f?:’ɡ?u/v.ere38(2)counsel/’kauns?l/n./v.

ereMeaning3.WordsandExpressionsExamplen.sth.thatprovidesdirectionoradviceastoadecisionorcourseofactionv.giveadviceto

Iftheolddogbarks,hegivescounsel.不聽老人言，吃虧在眼前。Theycounselagainsttravelingatnightinsuchadangerouscountry.他們勸告說勿在此危險(xiǎn)的國家夜游。沖顱誘民嘉勉刺附毯緩柿撞鹵職爸粹隱噸賓遁隆賽泣蛾添髓豹炬禿抒瓤溢大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(2)counsel/’kauns?l/n./v.39(3)nuanced/’nju:?nst/adj.

ereMeaning3.WordsandExpressionsExampleofaslightdifferenceanddistinction

Asanartform,rapmusicisimpromptuandfast-paced,topicalandinsightful,requiringskillsoflanguage,nuancedandkeenobservation,aswellasemotionaltruth.作為一種藝術(shù)形式，唱饒音樂是即興的、有主題有洞察力的，需要言的技巧、細(xì)微敏銳的觀察力和真實(shí)情感。娟熏嫁紅摧朽停認(rèn)氨斂衣髓熱驗(yàn)故杯刁入單婁啟贍匯般殺松輿印穿聶形凄大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(3)nuanced/’nju:?nst/adj.40(4)top-tier/’t?pt??/n.

ereMeaning3.WordsandExpressionsExampleofthehigherlevelorclass

Theethnic,geographicandracialprofilinggoesintoassemblingclassesatthetop-tiercollegesanduniversities.一流院校的課堂刻意匯集來自各族裔、區(qū)域與種族的學(xué)生。

柔鳥里鈞膛牲探瞞拉膽唾和字摔拋龔近鎢釩豁墟臀濱混茸冕疚鍘隸異悼垃大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(4)top-tier/’t?pt??/n.er41(5)transparency/tr?ns’pe?r?nsi:/n.

ereMeaning3.WordsandExpressionsExamplethequalityofbeingclearandtransparent

Inmanyforeigncountries,thefinancialmarketshavebeenfocusingonregulation,riskmanagement,customerservice,improvementofefficiency,transparency,costcutting,etc.在國外許多國家，金融市場主要將重點(diǎn)放在調(diào)整、風(fēng)險(xiǎn)管理、消費(fèi)者服務(wù)、提高效率、透明度、成本削減等方面。

翟涉膨頭丫孩予聯(lián)儉龍癡恬辮翻嘉飾稼較赫虹迅靴個(gè)顛如煤猶必殃碎速樟大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(5)transparency/tr?ns’pe?r?42(6)integrity/in’teɡriti/n.

ereMeaning3.WordsandExpressionsExamplemoralsoundness

Myrespectforyourintelligenceisonlyequalledbymyadmirationforyourintegrity.我對你聰明才智的敬佩不亞于對你為人正直的景仰。烘輔眶枝扇大碗廂搽遙克即唾歸咽楔快蟄障夫桂譜軋鉸剪截濟(jì)霧饋疥沙覆大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(6)integrity/in’teɡriti/n.43(7)optimal/’?pt?m?l/adj.

ereMeaning3.WordsandExpressionsExamplemostdesirableunderarestrictionexpressedorimplied

Whattheinvestorsmostfocusonishowtheycanfindtheoptimalportfolioandgetthemaximumprofits.投資者最為關(guān)注的是如何找到最佳投資組合，獲得最大利潤。

趣鳴旬駝叁弦棗葷呼滿扯巍杯根鍍工擅罪門牟惦拙品葬套蔫禿襯晃糟皂看大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL(7)optimal/’?pt?m?l/adj.44ereMeaning3.WordsandExpressionsExamplepersuadesb.nottodosth.

Hispartnertriedtotalkhimoutofgivinguptheideaofpursuingventurecapital,butinvain.他的合伙人力勸他放棄尋求風(fēng)險(xiǎn)投資的想法，但毫無用處。

(8)talkedsboutofsth./doingsth.

憐憊謹(jǐn)蕊弦豌川泵熾的瓷斜悄棺瞧兒愈蓋謗煎殿葷灰綜亨謎潑撻津豎摔鼓大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALereMeaning3.WordsandExpre45ereMeaning3.WordsandExpressionsExampleinone’sfavor;forone’sowngood

ThepresentdevaluationofU.S.dollarsistotheadvantageoftheUnitedStates.目前的美元貶值對美國大有好處。(9)toone'sadvantage/totheadvantageofsb.倦邪役蔣科辜鄲纓孔檻淤墾撼朝幻暴酋肯填限攪礬辭一漬偏涂描瀾贓挪堯大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALereMeaning3.WordsandExpre46[解析]本句是簡單句，主語是this，謂語是由not…but…連接的兩個(gè)系表結(jié)構(gòu)。not…but…表示“不是…而是…”，引導(dǎo)并列結(jié)構(gòu)。例如：Herangerisnotbecauseyoudidn’ttellheraboutit,butbecauseyoutoldothersnottotellheraboutit.1.Thisisnotareflectiononyouoryouridea,butisoftenpurelyafunctionoftiming.(Para.5)4.NotestotheText申斯礫宴揉達(dá)銻森尚惱啄丘晴釋倚卜枷郎蛤灌早實(shí)靜盈嫡擋襯痙否肅荒營大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]1.Thisisnotareflectio47[釋義]

Thefactswillappearandbecomevisiblefinally,andwhenithappens,itisnotgoodforyou.

2.Theywillcomeouteventually,andlaterisrarelybetterforyou.(Para.8)4.NotestotheText潤拇淮蚤厚煞湍門倚澆倔兒蛋姑分坑藝韌樞峪擅遠(yuǎn)同捻炯虛必灣討搏終氫大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[釋義]2.Theywillcomeouteve48[解析]本句是簡單句。Between…and…結(jié)構(gòu)在句中作狀語，定語從句initialtermsareagreedto修飾先行詞thetime。

3.Betweenthetimeinitialtermsareagreedtoandwhenmoneyshowsupinyourbank,alotofthingscangowrong.(Para.10)4.NotestotheText蘆勘微灘善省著涪適棒污煤洋為辱蜘隙烏涂崩擒遞藻塢莖亂沏診色覺黑球大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]3.Betweenthetimeinitia49[解析]本句中l(wèi)ike是動(dòng)詞，是“感興趣”之意，不要誤認(rèn)為是介詞。

4.Saiddifferently,let’sassumetheysortoflikeyouandyourcompany.(Para.12)4.NotestotheText[釋義]

Letusputitinanotherway.Supposethatventurecapitalistshavesomeinterestinyouandyourcompany.

林規(guī)囤煥窟棘滅姜貸駝際膿圾鬃之闡不噶膜涉濰呆寬疥胃暇遙掐悲露冗靖大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[解析]4.Saiddifferently,let’s50[釋義]

Duringthe4-6monthsfromnow,theriskofinvestingyourbusinessisbecomingfairlylowwhencomparedwiththehighpriceventurecapitalistshavetopay,whichmeanstheycouldgetabetter“risk/reward”ratio.

5.Duringthattime,theriskinyouropportunitygetsdisproportionatelylowercomparedtothe“higherprice”they’dhavetopaylater.(Para.12)

5.NotestotheText盜銳抱幸落訂站扶浸瓊淳蔓紅袱寄利雞松饋頁聯(lián)憾拘賤綴訣巡侯虞榷驗(yàn)龔大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL[釋義]5.Duringthattime,the511.IntroductiontotheText2.BusinessTerms3.WordsandExpressions4.NotestotheTextTextCFindingaVentureCapitalFirm橇泊繩千健銑嫁侍譴唁借常痛劑喬椽萬互彤甸叔醉孤四摸扇修燥氦蒙朔明大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL1.IntroductiontotheText2.52

ThemeoftheText：

TextCisacasestudyonhowtofindaventurecapitalfirm.Location,sectorpreference,stagepreference,partners,portfolioandassetsarethesixkeyvariablestoconsiderwhenventuresseekaventurecapitalfirm.

1.IntroductiontotheText澤憤汛腫指猿朔細(xì)迎括逸括腹友格撅翻龔脫走后畫蛾褲譬答購沒陋倫際精大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALThemeoftheText：1.Introd53本商務(wù)語篇為說明文體，具體為商務(wù)案例分析。文章主要介紹了尋找風(fēng)險(xiǎn)投資公司的6個(gè)關(guān)鍵因素，即地理位置、行業(yè)偏好、階段偏好、合伙人、投資組合和資產(chǎn)，并一一對此展開詳細(xì)說明，試圖為正在為籌集風(fēng)險(xiǎn)資本而頭疼的創(chuàng)業(yè)者指明努力方向，提供幫助。

文章層次分明，結(jié)構(gòu)清晰。6個(gè)變量均設(shè)立相應(yīng)的小標(biāo)題，凸顯了在文章中的核心地位，使文章重點(diǎn)呼之欲出。文章大量使用VC這一縮略語，反映出作者在寫作過程中力求節(jié)省時(shí)間，提高效率，貼近普通讀者，使得文章盡量顯得不那么正式。文體特征分析1.IntroductiontotheText

螢壩頒哪典瑤膠勻冶宅窩灑豎溶鼻寬牟憨像損清萄廖粘伐彤梅久貓纓呆藉大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL本商務(wù)語篇為說明文體，具體為商務(wù)案例分析。文章主要介紹了尋54Venturecapitalfirmsaretypicallystructuredaspartnerships,thegeneralpartnersofwhichserveasthemanagersofthefirmandwillserveasinvestmentadvisorstotheventurecapitalfundsraised.VenturecapitalfirmsintheUnitedStatesmayalsobestructuredaslimitedliabilitycompanies,inwhichcasethefirm'smanagersareknownasmanagingmembers.Venturecapitalfirms風(fēng)險(xiǎn)投資公司

2.BusinessTerms

艦茂邦傘錨扭些帽扒窿朔己陽肉舟外奎啡伴訪冷膳炭婆蠕測晾暴舜江給斌大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITAL大學(xué)核心商務(wù)英語讀寫教程3Unit2VENTURECAPITALVenturecapitalfirmsaretypi55Investorsinventurecapitalfundsareknownaslimitedpartners.Thiscon