Also, the paper lays stress on the characteristic of Venture Capital, illuming prosperous Chinese Venture Capital company and financing corporation, accelerating its development process through the case analysis on the successful foreign IT example, that is, searching engine-Yahoo. 希望通过对成功的海外公司即搜索引擎――-雅虎(Yahoo)这一典型案例的分析,把握风险投资的特征,启发正在蓬勃发展的中国风险投资公司及风险企业,加速其发展进程。