Research On The Exist Way Of Venture Capital In China

Exist way of venture capital is the last link for the operation of venture capital which in order to gain capital appreciation for the ultimate goal of the proceeds.Successful venture not only related to withdraw from pre-investment can recover but also related to the capital cycle can continue smoothly. Only by establishing a clear exit mechanism, and capital to complete the cycle, capital appreciation can be achieved.Exit mechanism for venture capital not only provides a sustained liquidity, but also provided a venture of sustainable development. Withdrawal mechanism in the venture capital is the core of the venture capital system.Venture capital in China is still face a lot of problems, the sluggish venture capital exist way is an important factor from the constraints of China's venture capital industry's development. The research of withdraw from the venture capital will help to find a viable venture capital exit routes for China's, in order to expedite the exit of venture capital and liquidity, so as to promote China's economic development.In this paper, through the comparative study of the advantages and disadvantages of different ways to withdraw from the venture capital market in China to make a reasonable guide of which way of exist is better, and analyse of the property rights exchange method from the M & A transactions and GEM-depth from the in the IPO improve the venture capital exit theory.