Not the same thing. Venture capital, also known as venture capital, is mainly a financing way to provide financial support to start-ups and obtain company shares, and it is also a way of private foreign equity investment. Venture capital generally operates in the form of venture capital fund and takes the form of limited partnership in legal structure. As a general partner, the venture capital company manages the investment operation of the fund and gets corresponding remuneration. Private equity investment is the equity investment in non-listed companies through private equity funds. In the process of transaction implementation, private placement will attach consideration to the future exit mechanism, that is, through IPO, mergers and acquisitions or management repurchase. The operation of private equity refers to the overall operation process of private equity institutions in fund establishment and management, project selection, investment cooperation and project initiation. The different operation modes of private equity investment directly affect the level of investment declaration, which is an exclusive secret that cannot be revealed.