A Study On The Evolution Of The Relationship Between Capital Financing And Growth Performance In The Internet

With economic development, the ability of independent internet technology paly increasingly significant role to promote the development of economy Whether in the Western developed countries, or developing countries, the meaning and role of internet enterprises in the national economy become more and more important. As a objective existence, internet enterprises is the economy inevitable product to a certain stage, there must be reasonable and necessary for its existence. States are generally aware of the contest between countries, it is essentially a contest of science and technology. For startup stage of internet enterprises, information asymmetry and high-risk characteristics exacerbated the plight of corporate finance, so that the development of internet enterprises become more difficult.Based on this, this article explores the relationship between internet enterprise relationship capital venture financing and Firm Growth Performance of its mechanism of action, trying to reveal the different stages of business growth start-reliance on relational capital. Firstly, the basic theory, basic concepts of relational capital, corporate finance and the like growth were reviewed and defined, and the corresponding assumptions, explore the relationship between capital on growth performance mechanism of action research methods and more cases on this basis, as well as entrepreneurship during the evolution of the different relationships between the capital and enterprise growth performance relationship life cycle stages. The following conclusions: first, the start of internet enterprises, the relationship is conducive to capital availability,smooth and adequacy of equity financing, financial support, based on corporate investment institutions also bring other value-added services, so as to promote the growth of enterprises. Second, with the development of the enterprise,the startup stage of internet enterprise financing process is roughly by the relational financing to intermediate type of financing to the transition of the market-oriented financing,relationship capital financing positive promoting effect on enterprise growth performance gradually reduced..Finally the author puts forward the limitations of this study and some suggestions for future research.