The Research On The Exit Channels Of The China Venture Investment

Venture capital is a kind of risk investment portfolio which is high-risk and high-yield.Getting high-yield is the ultimate goal of the venture capita It is crucial to exit the venturecapital enterprise successfully. Exit mechanism of China’s venture investment exist a widerange of issues, lack of the capital market and the legal environment, lack of complementarymeasures, lack of venture capital professionals. We should develop capital market especiallyGrowth Enterprise Market energetically. Totally, we found it difficult to exit the venturecapital from the domestic capital market, resulting from the narrow exit channels and theinflexible approaches.With the crisis of economy, it is an important problem how to withdraw from activelyseeking a new channel. More and more researchers were increasingly paying attention on tothe process which new ventures were created and grew up. Therefore, this paper focuses onthe problems and solutions. We also built a kind of multiple layer venture capital market,including main board, second board Growth Enterprises Market, OTC and primordial sharemarket on the country’s stock market.Its core is the exit of venture capital. That will widenFinancing Channel of Small and Medium Enterprises (SME), Private Enterpriseand, startups,especially is benefit to the Sci-Tech Enterprises and high-grown enterprise.This paper focus on analyzing how to broaden the exit channels of the risk investment.How successful risk investment exit from start-ups becomes the key risk investment if canobtain profit. The exit of risk investment is the key position of the whole operation system.The purpose of the investment risk is not holding, whether success or not, exit is theinevitable choice of risk investment. Otherwise it can’t enter a new round of investment, and itmeans that the funds lost life when it lost the liquidity.