Two-Way Selection of Venture Capital and P2P Platform ()
ABSTRACT
Venture
capital has the special favor to P2P platform. The new rules of network
loan make P2P platform operate more standardized. As the problematic platform
gradually collapsed, the concentration ratio increased. P2P platform plays a
significant role in the alleviation of the SME’s financial problems. What’s more, national
policies encourage social innovation and entrepreneurship. So future prospects
of P2P platform are worth waiting for. This paper analyzes the
motivation and effect on two-way selection of venture capital and P2P platform.
Empirical results show that venture capital helps P2P platform spread risk and
improve risk matching ability; venture capital can increase the trading volume
of platform, which indicates that the two-way selection of venture capital and
P2P platform may benefit SMEs’ financing.
Share and Cite:
Feng, H. (2018) Two-Way Selection of Venture Capital and P2P Platform.
Technology and Investment,
9, 80-89. doi:
10.4236/ti.2018.91006.