Increasingly, though, the venture-capital (vc) industry is showing an interest.

尽管如此，风险投资(Vc)行业也对这一领域表现出了越来越浓的兴趣。

About one in 50 partners at venture-capital (vc) firms is black.

而在风险投资公司，大约每50个合伙人中就有一个是黑人。

If a renowned vc outfit was investing in a startup, the theory went, it must be a safe bet.

如果一家著名的风险投资公司正在投资一家初创公司，那么从理论上讲，这一定是一个安全的赌注。

But not all companies can actually support this supercharged growth model, argues Mark Goldberg of Index Ventures, another vc firm.

但并非所有公司都能真正支持这种超速增长模式，另一家风险投资公司 Index Ventures 的 Mark Goldberg 认为。

Fewer startups are also " exiting" , vc lingo for being listed or sold on to other investors.

越来越少的初创公司也在“退出”，vc 的术语是上市或出售给其他投资者。

They should also broaden their professional networks beyond the usual lily-white crowd, argues Elliott Robinson of Bessemer Venture Partners, a big vc firm.

大型风险投资公司Bessemer Venture Partners的艾略特·罗宾逊认为，他们应该扩大自己的专业网络，不再只是常见的白人群体。

They and their private backers often enlist former government officials to help them navigate the new vc bureaucracy.

他们和他们的私人支持者经常招募前政府官员来帮助他们驾驭新的风险投资官僚机构。

Mature startups in Europe, meanwhile, are less geographically concentrated than their counterparts in America, both in terms of their markets and their vc support.

与此同时，欧洲的成熟初创公司在市场和风险投资支持方面都没有美国的同行那么集中。

In a conventional vc or buy-out fund its originator acts as the general partner tasked with deploying the capital.

在传统的风险投资或收购基金中，其发起人充当负责部署资本的普通合伙人。

In 2021 American vc firms invested in European deals worth $83bn, a threefold increase on the previous year, according to PitchBook.

根据 PitchBook 的数据，2021 年，美国风险投资公司在欧洲的交易中投资了价值 830 亿美元的交易，比上一年增长了三倍。

That gives the vc fund managers wide discretion over the value (or " marks" ) they place on them.

这给了风险投资基金经理对他们赋予他们的价值（或“标记”）的广泛自由裁量权。

For the first time, venture-capital (vc) investments on the old continent exceeded €100bn ($118bn) in a single year, reports PitchBook, a data provider.

据数据提供商 PitchBook 报道，旧大陆的风险资本 (vc) 投资在一年内首次超过 1000 亿欧元（1180 亿美元）。

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。

Yet amid the doom and gloom, venture-capital (vc) firms and entrepreneurs are already doing the thing they believe they do best: divining the future in their crystal balls.

然而尽管前途无望，风险投资公司和企业家们已经在做他们认为自己做的最好的事情：用水晶球预测未来。

According to PitchBook, nearly €100bn in vc was raised by European funds over the past five years.

根据 PitchBook 的数据，在过去五年中，欧洲基金筹集了近 1000 亿欧元的风险投资。

In the past few months the vc arms of established tech firms such as ibm, Intel and Salesforce have bought startups.

在过去的几个月里，IBM、英特尔和 Salesforce 等老牌科技公司的风险投资部门收购了初创公司。

Their vc backers may try to conceal such souring bets.

他们的风险投资支持者可能会试图隐瞒这种糟糕的赌注。

A lot of venture capital (vc), much of it undiscerning, has poured into untested enterprises in recent years.

近年来，大量风险投资 (vc) 涌入了未经考验的企业，其中大部分是不加辨别力的。

Both vc firms and private-equity firms, which focus on mature businesses, are notoriously slow in writing down these values in bad times.

众所周知，专注于成熟企业的风险投资公司和私募股权公司在经济不景气时记下这些价值的速度非常慢。

And the shock is rippling through the venture-capital (vc) industry, which tries to identify and nurture the next Google.

冲击波遍及风险投资 (vc) 行业，该行业试图识别和培育下一个谷歌。