在风险投资过程中,由于新兴创业企业存在较高的委托代理成本、无形资产比例过高、企业价值评估的不确定性较大等原因,具有较高的风险,并因此很难从传统的融资渠道获得间接或直接融资。风险投资机构除了在项目评估过程中进行严格的审慎调查之外,还可以通过对投资工具和协议条款的适当运用进行风险管理。 In the process of venture capital, emerging venture companies have higher risk due to higher commission agency costs, high proportion of intangible assets, large uncertainty of enterprise valuation and other reasons, Channels receive indirect or direct financing. In addition to conducting rigorous and cautious surveys during the project evaluation process, venture capital institutions can also manage their risks through the proper application of the terms of the investment vehicles and agreements.