A Case Study Of H Company Introducing Venture Capital

With the rapid economic development and the gradual improvement of the capital market,venture capital(VC)is increasingly favored by many high-tech enterprises.According to the Statistics of the research center in Qingke,a total of 3700 investment cases occurred on VC market at 2016,involving an amount of 125.848 billion yuan.It shows that VC is awfully active in our economic activities.It is generally believed that VC bring funds to enterprises while providing value-added services.However,in practice,there are many companies into the crisis after lead into VC,such as NVC Fight for control power.Therefore,it is important that analysis results of companies of introducingVC and how to understand and avoid risks,to promote enterprise reasonably to introduce VC.In view of the above problems,this paper takes the H company as an example to introduce venture capital,based on data mining and analysis of the case,to investigate the effect of venture capital on the development of the enterprise,found that the risks of introducing venture capital,through the study of venture capital project to give some references for similar ones.This paper makes a comprehensive and deep study on the case of H company,through the use of literature analysis method to summarize the basic concepts and related theories of venture capital,introduce the case background,describe the situation of venture capital,analysis of reasons for introducing VC;Analysis the effectof H company after introducedVC,thus the impact of venture capital on the development of the enterprise,and the potential risks after the introduction of venture capital.It is entirely favorable that H company introduces VC,venture capital can not only change the enterprise ownership structure,the structure of the board of supervisors,the structure of boards,and improve the operational efficiency,but also can improve the solvency and optimize asset structure etc..However,the introduction of venture capital will also make H company face certain risks,such as the existence of control rights were seizedand the pursuit of short-term interests etc..the company should pay attention to the risks and rationally avoid them.We draw the following conclusions:Firstly,venture capital can broaden the financing channels of high-tech enterprises,to meet their fund needs and provide some value-added services,Because many high-tech enterprises are difficult to obtain financial supports from other financing channels,that urge VC actively in capital market.Secondly,high-tech enterprises should choose suitable VC institutions,it not only requires to consider their own situation but fully recognize VC institutions.Thirdly,Based on the research results,although we think that the venture capital is a "two-sided thing",venture capital can have a long-term effect on the enterprises through being combined with the enterprise's own situation well and the rational allocation of resources.Although this article is only for the H company research,lack of universal applicability,but I still hope that this study can give some references.