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日喀则翻译公司关键字：(ITC) the company. April 22, 1999 Intel, IDG and other four companies to Sohu jointly invested $ 2 million in venture capital. In the venture capital support, Sohu as the first full Chinese search engine, Yahoo withstood the offensive, since evolved into a major Chinese portal world. Around 2000, with three major portals as the representative of China successfully listed on the NASDAQ Internet stocks, to some extent that this financing model of venture capital in the success of China's Internet industry. Since then this successful financing models are constantly copied, which is an aspect of venture capital from this financing model in China has gradually matured. Careful study is not difficult to find in the Internet IPO wave in the second round of the main force has shifted from the first portal to provide professional services, a new Internet companies have focused on wireless value-added services to the SP, such as Tom Online, KongZhong and Linktone; also have a professional business consulting provider - HC International; as well as domestic industry's dominant instant messaging - Tencent; and traditional industries are closely related with Ctrip and so on. Injection in the acquisition and the many companies including more like eBay, Taobao, Joyo such huge potential of e-commerce websites and Baidu, 3721 such a broad user base of the search engine company. And comparing the two major waves overseas IPO Internet companies can be found about 2000 listed portal, went through almost three years to turn around to achieve overall profitability; the years 2003 to 2004 the majority of listed companies in Basically, before the market has been achieved or achieved profitability. This shows that the venture capital financing model as the core of the Internet industry itself more and more mature with a clear business idea and more and more specialized service orientation has been to lead the industry on a more healthy track.The above analysis and examples highlight this financing model in China has achieved great success, but no problem has its two sides, through some analysis we can still find some of this financing model in question:First, the Internet companies to bear their own business and venture capital from internal and external pressure, that public financing is the best way out. However, listing does not mean that profitability has a market value more representative of the capital market for corporate growth expectations. The Internet industry the pace of change, not a business model which will be a long
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