VOA慢速英语2011-Economics Report - Facebook's New Friends
时间：2019-01-11 作者：英语课 分类：2011年VOA慢速英语(一)月
Facebook is the world's biggest social network -- and the subject of the movie "Social Network."
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The real Mark Zuckerberg and his friends at Harvard University launched the site in two thousand four. Facebook says it reached five hundred million users last July.
Now, the American bank Goldman Sachs and the Russian company Digital Sky Technologies have friended Facebook. They are investing a total of five hundred million dollars in the company. The deal values Facebook at fifty billion dollars -- more than many publicly traded Internet companies.
Goldman Sachs is expected to raise a billion and a half dollars more by selling shares of ownership in Facebook to rich investors 1. The plan does not include a public stock offering -- at least not right now.
For now, Facebook would remain a private company -- meaning a company that does not sell shares to the public. The plan has brought new attention to the largely secretive world of private financing and the rules for private companies in the United States.
Facebook Chief Executive Officer Mark Zuckerberg
The idea is that investors in public companies have protections that investors in private companies do not. The Securities and Exchange Commission says a private company must report financial information if it has five hundred shareholders 2 or more.
A new business, a startup company, is usually considered too risky 3 for average investors. But a promising 4 startup may find a small number of private investors, often known as "angels." These investors are willing to lose everything for a chance at big returns.
Rikki Tahta has been involved in raising money for startups. He is now chairman of his own investment company, Covestor, with offices in New York and London.
Mr. Tahta compares the difference between public and private companies to the difference between marriage and dating. When people are dating, he says, there are understandings but few rules. In marriage, the rules are more clear and well-defined.
In his opinion, the only real benefit for a private company is lower administrative 5 and record-keeping costs. Yet he tells us Covestor remains 6 a private company after a few years because it is still too risky for most investors.
And that’s the VOA Special English Economics Report, written by Mario Ritter. You can comment on our programs and find transcripts 7 and MP3s at voaspecialenglish.com. We're on Facebook, Twitter and YouTube at VOA Learning English. I’m Steve Ember.
- a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
- a cash bonanza for investors 投资者的赚钱机会
- The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
- the company's fiduciary duty to its shareholders 公司对股东负有的受托责任
- It may be risky but we will chance it anyhow.这可能有危险，但我们无论如何要冒一冒险。
- He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。
- The results of the experiments are very promising.实验的结果充满了希望。
- We're trying to bring along one or two promising young swimmers.我们正设法培养出一两名有前途的年轻游泳选手。
- The administrative burden must be lifted from local government.必须解除地方政府的行政负担。
- He regarded all these administrative details as beneath his notice.他认为行政管理上的这些琐事都不值一顾。
- He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
- The remains of the meal were fed to the dog.残羹剩饭喂狗了。
- Like mRNA, both tRNA and rRNA are transcripts of chromosomal DNA. tRNA及rRNA同mRNA一样，都是染色体DNA的转录产物。 来自辞典例句
- You can't take the transfer students'exam without your transcripts. 没有成绩证明书，你就不能参加转学考试。 来自辞典例句