The Venture Capital Revolution
回顾了风险投资作为金融中介如何为年轻高科技企业提供资金，并分析了投资各阶段的问题及潜在风险，适合研究创业金融的学者参考。
Venture capital has emerged as an important intermediary in financial markets, providing capital to young high-technology firms that might have otherwise gone unfunded. Venture capitalists have developed a variety of mechanisms to overcome the problems that emerge at each stage of the investment process. At the same time, the venture capital process is also subject to various pathologies from time to time, which can create problems for investors or entrepreneurs. This article reviews the recent empirical literature on these organizations and points out area where further research is needed.