| Abstract | 第7页 |
| 摘要 | 第8-9页 |
| A. Introduction | 第9-11页 |
| 1. Research background | 第9-10页 |
| 2. Structure of the thesis | 第10页 |
| 3. Innovation of this thesis | 第10-11页 |
| B. Theoretical Framework | 第11-21页 |
| 1- Development of the secondary market | 第11-15页 |
| a. The venture capital cycle | 第11-12页 |
| b. Liquidity problematic in venture capital | 第12-15页 |
| 2- Characteristics and Performance of the secondary market | 第15-21页 |
| a. Defining the secondary market, its potential and its participants | 第15-18页 |
| b. Qualitative advantages of the secondary market | 第18-21页 |
| C. Empirical section: Secondary market investment strategy | 第21-42页 |
| 1. Quantitative advantages of the secondary market | 第21-22页 |
| 2. Example of a successful deal | 第22-25页 |
| 3. Data presentation | 第25-29页 |
| 4. The secondary market performance | 第29-32页 |
| 5. Analysis of the secondary market | 第32-39页 |
| 6. Description of the strategy | 第39-40页 |
| 7. Strategy back test and feasibility | 第40-42页 |
| D. Conclusion | 第42-43页 |
| Bibliography | 第43-44页 |
| Acknowledgements | 第44-45页 |
| 附件 | 第45页 |
