More plausibly, venture capitalists with a reputation for successfully nurturing start-ups may be offered better opportunities.

ECONOMIST: Pick carefully

It appears that venture capitalists are a bit more adroit at picking winners and nurturing upstart companies.

FORBES: A decade of new issues

The venture-business division of Fujitsu, a leading computer maker, is nurturing 11 companies, two of which Alpha Omega Soft, a software house, and Fuji Online System, an Internet bookshop it plans to list.

ECONOMIST: Japanese share offerings