A venture capitalist has made an equity investment in a private company and is evaluating...

A. Private company buys back the equity shares – VC can sell its shares back to the company → full exit.

C. Company obtains a stock market listing – creates a market for the shares; VC can sell on IPO or in the market → exit.

E. Trade sale of shares to an external 3rd party – classic VC exit route.

A rights issue (B) or stock split (D) do not, by themselves, provide an exit – they just change capital structure or number of shares.