벤처캐피탈의 초기투자 활성화를 위한 상환전환우선주 개선 정책 제안

The venture business is not actively investing in venture startups because the venture business has high uncertainty about future performance, and there is no past performance. Therefore, to attract investment in venture capital new technology-based ventures, the government needs not only to increase investment capital of venture capital but also to establish a related system for venture capital to invest in high-risk new technology-based ventures. The purpose of this study is to investigate the current status and system of the US to promote the initial investment of venture capital into venture firms to foster new growth industries. It was. To this end, first, the literature on the initial investment of venture capital and the initial investment status of venture capital in Korea were analyzed. Second, this study analyzed the background and effect of Redeemable Convertible Preference Shares of venture capital in Korea. Third, a comparative analysis of preferred stocks of US venture capital, which focuses on early stage investments of venture firms, suggests ways to improve Redeemable Convertible Preference Shares used by Korean venture capital.