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3．风险投资的融资渠道狭窄。风险投资有赖于完善 的资本市场为其提供风险资本和为风险资本的退出提供 通道。但是我国的资本市场还不具备为风险投资提供资 本融通和风险资本变现的功能。
3. Venture capital financing channels narrow. Venture capital depends on a sound capital market to provide venture capital and exit for venture capital. However, the capital market in our country still does not have the function of providing capital and venture capital for venture capital.