The Research On The Appraise Of Investment Of Venture Capital Company

As a new kind of investment structure, venture capital investment plays a irreplaceable role in promoting the high-tech industry to develop rapidly. Compared with traditional enterprise, the new high-tech enterprise can develop more quickly, so venture capital investment often regards new high-tech enterprise as the main object. Venture capital investment has greatly accelerated the transformation speed from scientific and technical result to productivity, have promoted the development of high-tech enterprise. To the venture capital firm, the appraisal of project is the start line and essential process of the whole venture capital investment operation, has a close relationship with the successful of the risk investment. This paper carries a research on the appraise of venture capital investment on the basis of relate theories. The main content is as follows:The thesis has summarized current situation and relevant theories both at home and abroad of venture capital investment at first, provide an decision procedure of the venture investment project. Then analyzed the difference of venture capital appraisal and the traditional ones, set out from venture capital characteristic that investment project appraise , propose the basic analysis frame of venture capital investment project appraise, and then Propose a stereoscopic space of choose space with three-dimension as enterprise's ability, market prospects and project venture.Secondly, the thesis analyze the influence factors of venture capital investment from three aspects which are the venture enterprise, the market prospect of the project and the invest risk systematically, according to the basic analysis frame of venture capital investment. And set up the evaluation index systems of enterprise's competence, market prospects and project risk separately.Moreover, the thesis construct the appraise model of enterprise's competence the , earnings forecast of the project and the risk of venture capital of investment, on the basis of introduction of the basic principle of the Analytic Hierarchy Process and the artificial neural network systematically. The thesis uses it to construct the comprehensive appraisal model of venture capital investment and...