The Study Risk Evaluate Of Hunan High-tech Venture Capital Investment Corporation's Venture Capital Project

Since its birth venture capital quickly got recognition around the world because of its tremendous role in the promotion of science and technology industrialization, but its high-risk have caused huge losses to many countries. It is very important for risk investors to take risks and obtain maximum benefits that recognizing the risk factors of venture capital projects, analyzing the performance and impact of these factors and assessing the size of them. Because the risk investment of our country starts relatively late, as to most risk investment institutions or companies of our country, a set of feasible risk investment evaluation systems is urgently needed to guide its behavior of investment.In view of this, as the carrier to Hunan High-tech Venture Capital Investment Co., Ltd., the article inspected the whole process of capital operation standing in the position on venture capital firm, analyzed the risks of the project combining with venture capital theory and the main operating business of venture capital process, and put forward the corresponding risk control measures according to risks for the different characteristics. Based on introducing the concept of venture capital, this paper analyzed current situation of the development of risk investment, the opportunity faced and existing problem of our country, complete to the deficiency to the current risk evaluation system of Hunan High-tech Venture Co. Ltd. from two respects of risk tolerance and value assessment. In the risk on the choice of measurement methods using system and the system risk triangle summation,and Z index analysis. The value of the project evaluation aspects in the real option approach can adapt to the risk of dynamic characteristics, is a risk evaluate of investment Projects worth effective methods. Finally, this system was applied to the risk investment project of this company to carry on the risk assessment, with a view to provide a reliable basis for decision-making venture capital for the venture capital firm to better risk assessment, risk control to provide some help.