It looks 2015 could be the biggest year for venture capital investments since 2000.

对于自从2000年以来的风险投资而言，2015年看起来可能是最至关重要的一年。

But since then, venture capital investment into new companies has fallen off a cliff.

但自此以后，风险投资对新公司的投资就开始大幅下降。

In addition, more than 40 U.S. states allocate a portion of either public funds or pension funds to venture capital investment.

此外，美国40多个州将公共基金或养老基金的一部分划归风险资本投资。

Venture capital investments by a large corporation in a smaller, emerging growth company can provide various benefits beyond the opportunity for superior investment returns.

大公司对小型新兴增长公司进行风险资本投资，除了有机会获得丰厚的投资回报外，还可以获得其他多种好处。

However, most venture capital investments in the United States in recent years have actually consisted of " early-stage investing" and " growth equity" investing.

然而，近年来在美国的大多数风险资本投资实际上是“早期投资”和“成长股权投资”。

Corporations such as Microsoft, Compaq and Intel are but a few examples of American companies whose early growth was facilitated by venture capital investments.

像微软、康柏和英特尔这样的公司，仅仅是那些早期发展得益于风险资本投资的美国公司的几个例子而已。

Venture capitalists generaly do not run companies; managements do. Thus, the success of any venture capital investment is dependent, in large part, on the strength of the related management team.

风险资本家一般不管理公司，管理公司的是管理人员。因而，任何风险资本投资要获得成功，在很大程度上有赖于相关管理班子的能力。

Considering that " less than 2 percent of venture capital investment went to all-female founding teams in 2021 (itself a five-year low), " as Meltzer writes, this was a tremendous feat.

正如 Meltzer 所写，考虑到“到 2021 年，只有不到 2% 的风险资本投资流向了全女性创始团队（这本身就是五年来的最低点）”，这是一项巨大的壮举。

Globally, venture capital investment in the first half of this year was $144 billion, down from $293 billion in the same period in 2022. Those that find investors are seeing their valuations squeezed.

从全球范围来看， 今年上半年的风险投资为 1,440 亿美元，低于 2022 年同期的 2,930 亿美元。 那些找到投资者的公司都发现自己的估值受到挤压。

A new nuclear reactor every year and looking at what is happening in this country, the changes that are taking place, that is why private sector investment is flooding in, more private sector, more venture capital investment than China itself.

每年一个新的核反应堆，看看这个国家正在发生的事情，正在发生的变化，这就是为什么私营部门的投资正在涌入，更多的私营部门，比中国本身更多的风险投资。