Paraphrasing (Summary)
With the US market already mature and well exploited, and with Europe offering interesting yet challenging opportunities as a result of the change in the attitude towards venture capital and towards risk-taking, the American venture capital firms are going to explore the European market. Countries like Germany, France, Sweden, Spain, etc, and areas such as semiconductors, microprocessors, IT, software, biotechnology, etc. are where the US firms intend to focus their attention. European firms prefer to focus on mid and late venture capital, thus leaving early-stage investment in young companies in high growth sectors for American firms. With deregulation around the corner, countries can profit from it and deploy capital more efficiently, although temporarily the stock market is not doing very satisfactorily.
随着美国国内市场的饱和和被充分开发，以及随着因为欧洲改变对风险资本和冒险在态度上的转变欧洲市场正在提供引人注目但又具有挑战性的机会，美国的风险投资公司准备去开发欧洲市场。诸如德国、法国、瑞典、西班牙等国，以及像半导体、微处理器、信息技术、软件、生物技术等领域都是美国公司打算关注的地方。由于欧洲公司更愿意参与处于开发中后期的风险投资，这样就给美国公司留出了在那些在高速发展领域、处于开发初期的新兴公司的投资机会。随着欧洲政府即将减少对经济活动的控制，其他国家可以利用此机会更有效地运作资本，虽然从暂时看股市的表现不很令人满意。
