Is Of The Exit Mechanism For Venture Capital Of China

Venture Capital institutions originated in Western Europe, after the rapid development in the United States, in the1980s to work in Silicon Valley by a group of Chinese students to introduce zhongguancun of China, venture capital institutions in China’s development of venture capital to start, at present, China’s venture capital institutions entered a rapid development stage venture capital, venture capital venture capital institutions related issues are increasingly attracted widespread attention.As a final part of the venture capital operation of venture capital institutions, the exit mechanism for venture capital institutions of venture capital is essential. Venture capital exit mechanism for venture capital institutions are sound and effective opt-out approach is appropriate, is to determine the availability of venture capital venture capital institutions key to success. Articles using standard analytical methods, combined with case studies, through the introduction of venture capital firms venture capital exits in several different ways and timing analyzes the different timing of exit and venture capital institutions which are suitable for investment risk, venture capital agencies should choose the best way to quit is invested enterprises in accordance with the circumstances and the market economy. This paper consists of six parts, The first two chapters describe the background and significance of the topic of this article, relevant literature review, research objects and methods, as described later in Venture Capital institutions, paving the way, and describe about the purpose of exit of venture capital; The third chapter, on the meaning of venture capital venture capital organization, mode of operation and development at home and abroad have been described; The fourth chapter, describe venture capital institutions in our country for the United States, Europe, and do an analysis of the factors affecting the risk of venture capital exit mechanism made the introduction, comprehensive and systematic analysis of the record institutional venture capital investment in several ways, comparing their strengths and weaknesses, and pointed out the right way for each exit timing. through the study of exit of venture capital institutions, pointing out the risk of venture capital exit institutional problems and these problems are analyzed; The fifth Chapter introduce Hi-Tech Venture Capital M&A exit case, come to be also a good exit route with a high market share in the industry acquisitions; The sixth chapter, on how to improve our risk venture capital exit mechanism suggestions; Finally, through the previous chapters summarize, pointed attention to the problem of venture capital venture capital institutions choose how and when to exit, hoping to venture capital institutions venture capital exit help.The innovation of this paper is based on the current situation of China’s VC venture capital development, the use of comparative analysis, combined with the latest case, the first analysis of the IPO exit, exit and exit the feasibility of clearing mergers and acquisitions, the basis on which IPO and M&A exit do further comparison, by being invested enterprises profit growth, development and other indicators, in-depth analysis of the analysis of the causes of short-Tech Ventures IPO at this time can not be achieved and the advantages achieved merger exit and analyzed venture from the initial reason for institutions to IPO as the goal to eventually withdraw from the merger, in this case M-Tech venture Capital exit the problems put forward their views and suggestions for improvement.