2. Read the text again and match the English collocations on the left to their Russian equivalents on the right.
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1) to find venture capital |
a) привилегированные акции |
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2) risk-averse |
b) высокий потенциал прибыли |
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3) a start-up |
c) продавать с прибылью |
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4) to raise capital |
d) владелец крупного частного капитала |
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5) a high net worth individual |
e) представлять большой риск |
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6) to operate on money of the founders |
f) предприниматели |
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7) to present high level of risk |
g) конвертируемая облигация |
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8) a high profit potential |
h) средняя норма прибыли |
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9) entrepreneurs |
i) мезонинное (промежуточное) финансирование |
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10) to provide a business plan |
j) старт-ап (недавно созданная компания) |
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11) return on capital |
k) привлекать капитал |
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12) average rate of return |
l) найти венчурный капитал |
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13) to become a public company |
m) не расположенный к риску |
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14) mezzanine financing |
n) работать на деньги учредителей |
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15) convertible bonds |
o) предоставить бизнес план |
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16) preference shares |
p) рентабельность |
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17) to sell at a profit |
q) стать акционерной компанией |
3. Read the text again and answer the questions.
How do start-ups raise capital?
What does the term “risk-averse” mean?
What are the ways risk capital companies find funs for start-ups?
Why do new companies attract angel investors?
Why does an entrepreneur provide a business plan?
What does the term “exit strategy” mean?
What is mezzanine financing?
4. Match the two parts of the sentences. Translate the sentences into Russian.
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1. Banks are usually reluctant |
a) a higher than average return on their money. |
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2. Start-ups often get money |
b) and so are potentially profitable. |
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3. New companies can grow rapidly |
c) before a company joins a stock exchange. |
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4. Risk capitalists usually expect |
d) to get their money back after a few years. |
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5. Venture capitalists need an exit strategy- a way |
e) to lend money to new companies. |
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6. Mezzanine financing is a second round of financing |
f) from specialized venture capital firms. |
5. Complete the crossword puzzle using the vocabulary of the text.
Across
3. A firm listed on a stock exchange is a …….. .
7. Individuals who lend money to new companies are sometimes called …… .
8. Banks that are risk - ……. sometimes don’t want to finance new companies.
10. The amount of money made from an investment is its rate of …….. .
11. New businesses often have to get finance from ……. companies.
12. The people who start companies.
Down
1. People who have ideas for setting up new businesses.
2. …….. capital firms specialize in financing new companies.
4. Many banks don’t want to …….. money to new businesses.
5. People who want to borrow money to start a company write a business …..….. .
6. Money invested in a company just before it joins a stock exchange is sometimes called ………. financing.
9 and 13 down. A new company is often called ……… .
19. See 9 down.