退出机制是否完善,是否具备完善的相关法律法规制度,资本市场是否完善等多个因素,决定了风险投资能否成功取得收益风险投资作为一种高风险高回报的资本运作方式,不仅有助于促进资本市场的活跃,而且对我国高科技术等新兴产业的发展起着至关重要的作用。就其运作机制来说,可简单概括为融资、投资、退出循环往复的过程。资本运作的目的是为了资本增值,因此风险投资的真正回报的实现是在退出过程中体现 Whether the exit mechanism is perfect, whether it has a sound system of relevant laws and regulations, whether the capital market is perfect and many other factors determine the success of venture capital investment. As a high-risk and high-return capital operation, venture capital not only helps Promote the active capital market, and play an important role in the development of high-tech industries in China. As far as its operating mechanism is concerned, it can be simply summed up as a process of financing, investing and withdrawing from circulation. The purpose of capital operation is to capital appreciation, so the real return on venture capital is realized in the process of withdrawal