Tuesday, 24 November 2020

VENTURE CAPITAL PROFESSIONAL ENGLISH IN USE FOR FINANCE

 

PROFESSIONAL ENGLISH IN USE FOR FINANCE

28. VENTURE CAPITAL

 

A

Raising capital

Alex Rodriguez works for a venture capital company.

‘As you know, new businesses ,called start-ups, are all private companies that aren’t allowed to sell stocks or shares to the general public. They have to find other ways of raising capital. Some very small companies are able to operate on money their founders – the people who start the company – have



B

Return on capital

‘Venture capitalists like ourselves expect entrepreneurs – people with an idea to start a new company – to provide us with a business plan.

Because of the high level of risk involved, investors in start-ups usually expect a higher than average rate of return – the amount of money the investment pays – on their capital.


 

 

 

EXERCISES

28.1

Complete the crossword. Look at A and B opposite to help you.


Across

3

A firm listed on a stock exchange is a ________ ________. (6.7)

7

Individuals who lend money to new companies are sometimes called ________. (6)

8

Banks that are risk ________ usually don’t want to finance new companies. (6)


28.2

Match the two parts of the sentences. Look at A and B opposite to help you.

1

Banks are usually reluctant

2

Start-ups often get money

3

New companies can grow rapidly


 

 

ANSWER KEY

 

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