创业资本的退出机制在创业投资过程中是一个非常重要的环节,而创业资本的顺利退出离不开资本市场的支持。本文分析了创业资本的四种主要退出方式,并在结合我国现阶段创业投资退出机制存在的各种问题的基础上, 提出了我国多层次资本市场的目标模式和具体构建设想。 Venture capital exit mechanism in the process of venture capital is a very important part of the smooth exit of venture capital can not be separated from the support of the capital market. This paper analyzes four main exit ways of venture capital, and on the basis of various problems existing in the withdrawal mechanism of venture capital in our country at the present stage, puts forward the target mode and concrete construction assumption of multi-level capital market in our country.