VC and PE are distinct. You can't just interchange the terms. VCs invest with the hope the investee will grow quickly. PE firms do not have that hope. This dis

VC and PE are distinct. You can't just interchange the terms. VCs invest with the hope the investee will grow quickly. PE firms do not have that hope. This distinction has a large effect on the strategies available to the investor. A PE firm for example will usually be averse to investing if they will not end up with managerial control over the investee, but a VC fund routinely makes such investments.