风险投资有限合伙与合同自由原则研究

Study on the venture capital with limited partnership and principles of contract freedom

风险投资有限合伙合同几乎很少涉及对风险投资家(即:普通合伙人)的行为限制。而对此外部投资人通常倾向于采纳这种灵活而松散的安排。虽然表面上看起来作为有限合伙人的外部投资者处于一个容易受到伤害的地位,但是风险资本在运作过程中的循环性使得名誉约束代替了合同义务以及法律默示规定的地位。风险投资家和外部投资者可以灵活地安排协议内容的事实使得风险投资有限合伙成为了合同自由主义的鲜活的体现。

Contract of venture capital with limited partnership has seldom limited the behaviors of the investors. The outside investors usually incline to adapt such a free and loose arrangement. Although as a partner, apparently it seems that the outsiders are likely to receive damage, the circulating of venture capital in the operations makes fame restriction replace the contract obligation and the legal status. The fact that venture capitalist and outside investors can freely arrange the content of the agreement makes Venture Capital with Limited Partnership a true reflection of contract liberalism.