Based on the theory of social network, it is crucial to enhance information superiority through joint venture capitals. This research explores the impacts of both structural embeddedness and relational embeddedness on the information superiority of the joint venture capitals. Based on joint venture investment data in China during year 2000-2013, this research empirically analyzes the relationship between the investment ratio and information superiority. The results show that venture capital leaders have the advantages of information search from network locations, while the followers lack of this superiority. In addition, the information sharing among the investors and investees as well as the scale of the joint venture capitals may enhance information search advantage.