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Venture capital has now become a global phenomenon. Here is the (1)_____ status of each major region that has venture capital ac
Venture capital has now become a global phenomenon. Here is the (1)_____ status of each major region that has venture capital ac
admin
2010-05-05
38
问题
Venture capital has now become a global phenomenon. Here is the (1)_____ status of each major region that has venture capital activity. (2)_____, the definition of venture capital, (3)_____ coined 50 years ago at Harvard Business School, meant (4)_____ capital for new or very young ventures. Over time, (5)_____, and especially outside the US and Canada, it has become a coverall name for any type of equity related financing for privately held companies. To make matters even more (6)_____, some US venture capital firms have begun delving into "transactional" finance more (7)_____ to the investment banking community. This is, however, a limited phenomenon.
Indeed, the influx of (8)_____ fund money into the venture capital market has been both a curse and a blessing. Firms found themselves battling to place their newly (9)_____ funds with a (10)_____ number of specialized hi-tech firms. The result was a series of losses in the early 1990s.
Venture capitalists then became immersed in transactional financing as a result of their (11)_____ in business acquisitions. Historically, the venture capitalists had sat at the end of the table representing the company being (12)_____. At some point, they began to see opportunities in financing such (13)_____ and in other investment banking type activities.
In the long (14)_____, however, venture capitalists will back out of investment banking type activities and focus on what they are best at, risking capital investments in (15)_____ companies. What is required to place their capital and still realize their (16)_____ is a ramp up in staff. In the 1980s, many of the firms were quite small and (17)_____ on specific areas of technology where they had in (18)_____ knowledge. In the 1990s the successful firms have (19)_____ management staff, (20)_____ into more than one area of technology, and outsourced more of their technological analysis to very specialized experts.
选项
A、commented
B、imposed
C、acted
D、centered
答案
D
解析
centre on意为"集中于"与上文中的"focus on"形成概念关联,故为正确选项。其他三项也均能与"on"构成词组。选项comment on意为"对…发表评论",impose sth on/upon意为"把…强加在…上"act on意为"遵照…行动,奉行;作用于,影响",但填入后均不符合文意。
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0
考研英语一
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