Limited partners may not share as much in the profits, but they also have less responsibility for the business.

有限合伙人不能分享那么多收益，但是也无需承担那么多责任。

Those who put up the money agree to stay in the background as “limited partners”, mainly for tax reasons.

那些投资人同意处在“有限伙伴”的背景下，主要是因为税务的原因。

Limited partners, I, I recall early on thinking that I wanted to develop a a brand.

有限合伙人，我，我记得很早就想到我想开发一个品牌。

So in negotiating with these limited partners I became very stiff on this.

所以在与这些有限合伙人的谈判中，我对此变得非常僵硬。

I went out that night and called another limited partner, investor group and said I'll tell you what.

那天晚上我出去打电话给另一个有限合伙人，投资集团，说我会告诉你什么。

Instead, many of the remaining limited partners are other guidance funds, state-run firms or various government-linked entities.

相反， 许多剩余的有限合伙人是其他指导基金、国营公司或各种政府关联实体。

And they irk vc firms forced to mark down the value of their investments, which is not something that their limited partners want to hear.

他们激怒了被迫降低投资价值的风险投资公司，这不是他们的有限合伙人想听到的。

A guidance fund, by contrast, often creates sub-funds in which it is a limited partner, and invites professional asset managers to be the general partner calling the shots.

相比之下， 引导基金往往以有限合伙人的身份设立子基金，并聘请专业的资产管理人作为普通合伙人做主。

A review by The Economist of a sample of 20 of these sub-funds shows that their general partners and most of their remaining limited partners are indeed private-sector funds.

《经济学人》对其中 20 只子基金的抽样审查表明，它们的普通合伙人和其余大部分有限合伙人确实是私营部门基金。