By means of mailing questionnaire and making interviews, a survey of superior and secondary staff in venture capital was conducted. 216 valid questionnaires were received, and a structural framework of human error factors for venture capital was built. Then a Structural Equation Model was established and tested by using AMOS4.0. The results of analysis indicated that leader's moral risk, the diathesis, decision error, adventurous and lucky psychology as well as government' s intervention, the harmony of association and the feedback mechanism of information, et...