风险投资是一种高风险与高收益并存的投资形式,由于风险投资者与创业者之间的信息不对称性,从而出现双方的风险和收益的分摊问题。文章从实际应用的角度出发,分析了合理的投资交易设计对解决这一问题的重要性,并设计完善交易体系,从而界定交易双方的风险和利益地位,使风险投资者所承当的风险减少到最低程度。 Venture capital investment is a kind of high-risk and high-yield co-exist investment. Due to the asymmetric information between venture capitalists and entrepreneurs, the risk and return sharing of both parties appear. From the perspective of practical application, the article analyzes the importance of a reasonable investment transaction design to solve this problem and designs and perfects the transaction system so as to define the risks and interests of both parties and reduce the risks borne by venture investors to Minimum