In recent years, China’s venture capital industry has developed at a high speed. Venture capital is an important way for enterprises to raise funds. Venture capital institutions are making more and more joint investments. The characteristics of network attributes of venture capital institutions have become a key factor affecting their success. The investment experience of venture capital institutions is also an important factor affecting their investment performance. Therefore, based on the social network perspective, this paper constructs a theoretical analysis framework of the logical relationship between venture capital institutions’network location, investment experience and investment performance, and explores the direct impact of network center location and investment experience on investment performance, and examines investment experience on network location, the role of regulation on investment performance. Taking the risk investment data in the Zero2IPO database as a sample, we build a model and test it. The results show that the centrality of the network location of venture capital institutions has a significant impact on investment performance, and investment experience plays a significant role in regulating the risk investment network and investment performance.