There are cooperation issues of information searching cost, determination of stock price purchased and sold by VCT and cooperation commitment occur in the cooperation establishment. These problems are reduced by using of business networking, mediators, third parties evaluation and contract commitment. Moreover, the cooperation issues of moral hazard and conflict of interest performed by entrepreneur also appear in the post-investment stage of cooperation. To reduce these issues, the control mechanisms of monitoring, performance measuring and rewarding are required to be performed by VCT.