\u3069\u3046\u3082\u3002\u3057\u3070\u3089\u304f\u66f4\u65b0\u3067\u304d\u305a\u3001\u3059\u307f\u307e\u305b\u3093\u3067\u3057\u305f\u3002\u6570\u5e74\u3076\u308a\u306e\u590f\u306e\u6771\u4eac\u3092\u6e80\u55ab\u3057\u3066\u304d\u307e\u3057\u305f\u3002\u5f53\u5730\u3067\u4f1a\u3063\u3066\u9802\u3044\u305f\u65b9\u3005\u3001\u6709\u96e3\u3046\u3054\u3056\u3044\u307e\u3057\u305f\u3002\u4eca\u5f8c\u3068\u3082\u5b9c\u3057\u304f\u304a\u9858\u3044\u81f4\u3057\u307e\u3059\u3002<\/p>\n
\u3055\u3066\u3001\u4eca\u65e5\u306fCVC\uff08\u30b3\u30fc\u30dd\u30ec\u30fc\u30c8\u30d9\u30f3\u30c1\u30e3\u30fc\u30ad\u30e3\u30d4\u30bf\u30eb\uff09\u306e\u8a71\u3092\u8efd\u304f\u3002\u3057\u3070\u3089\u304f\u524d\u306b\u3001\u3082\u3057\u304b\u3057\u305f\u3089\u30b0\u30fc\u30b0\u30eb\u304c\u4eca\u5f8c\u3082\u3063\u3068\u30a4\u30f3\u30ad\u30e5\u30d9\u30fc\u30bf\u30fc\u3063\u307d\u3044\u3053\u3068\u3059\u308b\u3093\u3058\u3083\u306a\u3044\u304b\u3001\u3068\u66f8\u304d\u307e\u3057\u305f\u304c\u3001\u30db\u30f3\u30c8\u306b\u3084\u308a\u307e\u3057\u305f\u306d\u3002BusinessWeek\u306e\u8a18\u4e8b<\/a>\u306b\u3088\u308b\u3068\u3001\u4e00\u53e3$500K\u7a0b\u306e\u8cc7\u91d1\u3092CVC\u7684\u306a\u5f62\u3067\u6295\u8cc7\u3057\u3066\u3044\u308b\u305d\u3046\u3067\u3059\u3002\u76ee\u7684\u3068\u3057\u3066\u306f\u3001\u8cb7\u53ce\u5019\u88dc\u306e\u9752\u7530\u8cb7\u3044\u3001\u305d\u3057\u3066\u30a4\u30f3\u30c9\u3084\u4e2d\u56fd\u306a\u3069\u65b0\u8208\u5e02\u5834\u3078\u306e\u30ea\u30fc\u30c1\u3092\u5e83\u3052\u308b\u305f\u3081\u306e\u3088\u3046\u3067\u3059\u3002<\/p>\n By staking startups, Google hopes to avoid paying the higher prices companies can fetch once they take funding from traditional VCs. It\u2019s possible that some of its investments are conditioned on Google having first-acquisition rights should a target opt to sell, some VCs speculate. Google didn\u2019t respond to calls requesting comment.<\/p><\/blockquote>\n VC\u304b\u3089\u6295\u8cc7\u3092\u53d7\u3051\u305f\u30d9\u30f3\u30c1\u30e3\u30fc\u306f\u8cb7\u53ce\u306e\u969b\u306b\u5272\u9ad8\u306b\u306a\u308b\u306e\u3067\u3001\u65e9\u3044\u3046\u3061\u304b\u3089\u5165\u308a\u8fbc\u3080\u3068\u304b\u3001\u6295\u8cc7\u306e\u6761\u4ef6\u3068\u3057\u3066\u4ee5\u524d\u306b\u89e6\u308c\u305f\u3001First Right of Refusal \u3068\u304bFirst Right of Offer\u3092\u8ab2\u3057\u3066\u3044\u308b\u5834\u5408\u3082\u3042\u308b\u3068\u304b\u8a00\u308f\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u5b9f\u969b\u306f\u3069\u3046\u3067\u3057\u3087\u3046\u306d\u3002\u79c1\u306f\u3001\u305d\u3046\u3044\u3046\u70b9\u3088\u308a\u3082\u3080\u3057\u308d\u3001\u3053\u306e\u8a18\u4e8b\u3067\u51fa\u3066\u3044\u308b\u3088\u3046\u306b\u30a4\u30f3\u30c9\u306e\u30d5\u30a1\u30f3\u30c9\u306b\u6295\u8cc7\u3059\u308b\u4e8b\u306a\u3069\u3092\u901a\u3058\u3066\u65b0\u8208\u56fd\u3078\u306e\u30ea\u30fc\u30c1\u3092\u5e83\u3052\u308b\u305f\u3081\u306e\u610f\u5473\u5408\u3044\u304c\u5927\u304d\u304b\u3063\u305f\u308a\u3001\u5148\u65e5\u306e\u30ac\u30b8\u30a7\u30c3\u30c8\u306e\u3088\u3046\u306b\u3001\u521d\u671f\u306e\u6bb5\u968e\u304b\u3089google\u306e\u6280\u8853\u306b\u30d4\u30c3\u30bf\u30ea\u6cbf\u3063\u305f\u5f62\u3067\u898b\u8fbc\u307f\u306e\u3042\u308b\u30d7\u30ed\u30c0\u30af\u30c8\u304c\u958b\u767a\u3055\u308c\u308b\u3088\u3046\u306b\u4ed5\u5411\u3051\u308b\u3001\u3068\u3044\u3046\u610f\u5473\u5408\u3044\u304c\u5927\u304d\u3044\u6c17\u304c\u3057\u307e\u3059\u3002\u30d9\u30f3\u30c1\u30e3\u30fc\u4f01\u696d\u3092\u3044\u304b\u306b\u5b89\u304f\u8cb7\u53ce\u3059\u308b\u304b\u3068\u3044\u3046\u3053\u3068\u306f\u3042\u3093\u307e\u308a\u982d\u306b\u306a\u3044\u3068\u601d\u3046\u306e\u3067\u3059\u304c\u3001\u3069\u3046\u3067\u3057\u3087\u3046\u3002<\/p>\n \u8fd1\u9803CVC\u306e\u8a66\u307f\u306f\u5168\u4f53\u3068\u3057\u3066\u304b\u306a\u308a\u5fa9\u6d3b\u3057\u3066\u3044\u308b\u3088\u3046\u3067\u3059\u3002\u4eca\u5e74\u524d\u534a\u306eCVC\u306b\u3088\u308b\u6295\u8cc7\u306f2001\u5e74\u4ee5\u964d\u3067\u6700\u9ad8\u6c34\u6e96\u306b\u9054\u3057\u3066\u304a\u308a\u3001390\u793e\u306b\u5bfe\u3057\u3066\u7dcf\u984d$1.3 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