When the tide of new economic sweeps across the world, the trend of venture capital raises in China. In the comparison with the developed countries, venture capital in China is immature and imperfect. It exists a lot of flaws, especially lacking the perfect withdrawing mechanism. So it is important to research the withdrawing mechanism of venture capital. The article mainly analyses the withdrawing mechanism of venture capital in the developed countries. On the basis of it, the article put forwards how to establish the withdrawing mechanism of venture capital suitable for China.The analytic frame of the article is composed of three chapters. Chapter one expounds the actual significance and important function of the withdrawing mechanism of venture capital. Chapter two researches the four common kinds of the withdrawing mechanism of venture capital in the developed countries, such as IPCK M&As Buy-back and Corporate Clear. This chapter mainly analyses their present situations superiority and inferiority. According to the above analyses, chapter three raises how to set up and consummate the withdrawing mechanism of venture capital, which is fit for the situation of venture capital in China. This chapter chiefly relates to the second market and the OTC. |