摘要：The Malaysian venture capital industry had started in 1984 but until now, the industry is still developing with limited number of venture capital companies and experts in this area. Besides the small size of the industry, VC companies in Malaysia face several challenges such as limited amount and source of funding, risk aversion of the VCs, cyclical nature of the industry and difficulty of the VCs to exit the industry due to thin capital market. These factors, to some extent, contributed to the slow growth of the industry.
关键词：venture capital; external financing; challenges; Malaysia
