The National Venture Capital Association (NVCA), whose annual meeting kicks off on May 4th, reckons the industry faces “unprecedented challenges”.

将在5月4日举行年会的美国风险投资协会则认为该行业正面对着“前所未有的挑战”。

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This matters, because according to the National venture Capital Association over 90% of job creation by venture-backed firms occurs after they go public.

这一点是很重要的，因为根据美国风险资本协会的数据，90%的工作岗位是在风投支持的公司上市之后产生的。

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America's National Venture Capital Association believes that over the past 30 years they have put more than twice as much money into new ventures as have venturecapital funds.

据美国国家风险投资委员会称，在过去的30年间，他们对新风险项目投入的资金是风险投资基金的两倍以上。

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America's National Venture Capital Association believes that over the past 30 years they have put more than twice as much money into new ventures as have venturecapital funds.

据美国国家风险投资委员会称，在过去的30年间，他们对新风险项目投入的资金是风险投资基金的两倍以上。

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