With the continuous improvement of China’s capital market, China’s venture capital investment has also grown, regardless of the number of institutions or the size of funds managed. The exit from venture capital is the last and most important part. This paper sorts out the way and performance of China’s venture capital investment projects by sorting out the historical data. It is found that although the number of venture capital investment in China continues to grow, it is still close half of the projects withdrawn with lost. Although IPO exits have the highest revenue, it does not have a higher proportion than repurchase and mergers and acquisitions because of its long time and difficulty. In the case of relatively high repurchase and mergers and acquisitions, repurchase is a loss in most cases.