Zhou Hongyi, Qihoo with wings of an angel investor
Qi Hu, chairman of Hong Zhou &31054; (Tencent Technologies with map) angel investors have been several times misread. The public’s angel investors are most sentimental impression may be that “You Are the One” that has a beautiful li Fan Wei, secretary, used to use “mother tongue” talk “angel investors” &8212; &8212; &8212,everquest power leveling; It also makes the video broadcast out later, some of the industry for some period of time the number of embarrassed to tell each other, he is an angel investor. With 2009 left Google in China Kai-fu Lee established the “Innovation Factory” become a common concern about the social nature of the event, and once again the public popularity of the “angel investment” as well as its support for the concept of youth entrepreneurship &8212; &8212; &8212; Although the “Innovation workshop “is not regarded as a typical sense of the angel investor. Also in 2009, has been in the industry known as “the first person of Chinese folk angel investors” in the fall of Liu who, but also let people see the so-called “angel investors” on the other side: do not rule out there who, like Liu Hung-ting investments, to raise Most of funds borrowed from the people around them,fast power leveling, lack of understanding of the industry and business, but actually be used for equity investment is only one small part. Even without the funding chain issues, civil angel investment in “coal bosses\”angel investors” &8212; &8212; &8212; but now has come to a thorough overhaul of the moment. Typhoon comes, no one in the sky, just as buzzwords on the network said, “may not necessarily be an angel with wings, it could be a bird person.” Angel investors in China should be in the end what kind of a group? the existence of true and false angel investor of ethnicity? game of the rich “and so on 咱 have quit,eq2 power leveling, not dreaded investment, to the network when I wanted to vote to vote network, would like to vote cast silicon chip. a vote two, one vote in the play, a learning experience! “&8212; &8212; &8212; This is within the investment industry,” both of steamed buns, and eat a throw a “theatrical imitation version. But the fact that many angel investors are all from this kind of “exit - Investment - to develop the next wave of entrepreneurs to the next wave of entrepreneurs continue to invest in &8212;” cycle. Angel investors have three main sources: former entrepreneurs; in the traditional sense of the rich; large high-tech companies or senior managers of transnational corporations. One of the most famous story, is that Sun co-founder 托尔斯海姆 two young founders of Google’s investment &8212; &8212; &8212; “I do not understand your business model, but I would let you a check after six months and then tell me what you are doing. “and he opened out of 100,000 U.S. dollars check, has become Google’s first angel investor pen. Actual proof, Silicon Valley’s prosperity, to a large extent dependent on the success of such a benign system. In China, in the creation process was introduced in the venture capital system, achieving a successful entrepreneur listed or withdrawal, but also for the current angel investor emerged as a mainstream track. But because it is &8212; &8212; &8212; own personal money, not VC / PE investment cycle restrictions, also makes the angel investors who invest with more artistry and freedom, he was not necessarily at what time anxious to spend the amount of money, but may also after a brief contact with the mind still in a primitive or check out the company, rather like a VC investment as a longer time to do due diligence. But precisely because of this early investment company’s “Guardian” positioning, angel investment return period will be longer, no doubt can be said to be “rich man’s game.” Thus, with their own, rather than borrowed money to do an angel investment has become a basic principle of admission, but people do like Liu to the people around them with the means to raise funds, up until the time when the financial situation is bad, will naturally move toward funding strand breaks, is guilty of an angel investment taboo. According to the U.S. Securities and Exchange Commission (SEC) requirements, the net assets of individual investors must be more than one million U.S. dollars, or personal annual income 20 million U.S. dollars, the couple years of income 30 million or more are eligible to become angel investors. The outcome of the worst real estate speculators child may be a landlord, but do angel investors, in most cases, their investments are likely to be received no response. “If the angel investors everywhere, it is not an angel, but the bird people.” Shenzhen-Hong Kong investment in production and research industry, Wei Li, chairman warns of “probability of success of failure is almost equal to a multiple of, so do not put life-saving pension the money I make the angel investment. “” to not only the milk money “source of funds is not the main problem. Has invested in the Thunder, Hong Sing Hong Zhou &31054; technology view,eq2 plat, “necessary to give the whole community to clarify the concept, or even entrepreneurs are also hard to tell who is really an angel investor, who is a fake angel investor . and then go out say that they are angel investors, there are reasons one would dare you? “In Hong Zhou &31054; view, the real angel investors should be measured three criteria:” First, I must be entrepreneurs investors origin, done their own businesses, in order to-business operation, especially the growth of enterprises have a very in-depth understanding, but also a lot of experiences and lessons learned \80 second generation after the rich “as” angel investors “reasons. “Second, angel investors must be for an industry to invest, not indiscriminately, he must be on a certain trades and industries have a deeper understanding of &8212; &8212; &8212; it’s like to go with a new-born nanny infant, experienced and know how to care, not any money out of a milk finished. Third, angel investors have a considerable understanding of the operation of the capital rules of the game. “So, ZHOU &31054; feel, we must see that those angel investment “legend” behind the factors, “such as SUN’s 托尔斯海姆, saying that they do not understand Google’s business, he may not understand the details, but he certainly believes the company’s future direction, or do not go to investment money. “Apart from escorting the company, make plans for their strategic development, the out of emotional factors, angel investors are sometimes willing to treat people no matter where their views are given. For example a file with influential business program, “80 after the start,” Sing the theme to invite guests to do the Daizhi Kang, Hong Zhou &31054; opinion is, “can not go do not go, If we can not certainly have opinions on certain POP Counter Next, do not sit on stage. speak, we must talk more about their own business, talk more about their products and talk less about individuals. “ZHOU &31054; reason is that,” an entrepreneur’s mentality if you can not put right, but also thought he did not succeed to succeed, every day in the spotlight speech on the stage show of themselves so that people who are doing good business. “Of course, there are angel investors emphasis on start-ups, but interference with, or an angel investor does not necessarily have to be a born entrepreneur, but it should be the direction of industry, the pattern of profound insight and knowledge, and can provide the enterprises still in their infancy resources and experience to do the appropriate support, which is a successful angel investor must have quality. Insiders also pointed out 托尔斯海姆 completely let go of Google, in fact is based on the maturity of the larger environment: “In Silicon Valley, people are aware of what you do.” In the initial stage with Chinese characteristics, period, not only the integrity of the overall equity investment environment needs improving, start-ups support system also makes a lot of imperfect fledgling young people want to make an angel “Rotary launched sending one-way” to obtain from them more help and experience. How to include the subsequent introduction of VC, in many cases, angel investors also play a very significant role. “Angel” has not yet formed gas field a matter of fact, China is in need of sophisticated angel investors to promote innovation and business transformation. Data show that angel investment in the United States share of the overall investment ratio of around 40%, and according to chairman Peter Liu WI Harper estimated that in China, the proportion could be even 4% less. &8212; &8212; &8212; In other words, in the current 98% of SMEs rely on loans to the survival of China and, indeed, angel investors need to develop gas field. In the absence of financial support for start-ups, when sometimes jokingly said, “from the street and a selling vegetables, as long as give money, give the Company.” &8212; &8212; &8212; But often more to this time, selling vegetables the more easily to the enterprise pays for not. “China’s financial investment most of the investment is to see people live a good business, or fast time-listed investments, in 2023, after IP O put the money to be earned back. In the project early, when the enterprise has just been founded on the dare to look inside to vote the money, not many people, because do not have that discretion. “Zibin Association of SMEs in China seems to present China is the angel investor need do this” timely help “rather than” icing on the cake ” thing. From another angle, in addition to the basic development of the situation to see that many angel investors are also more emphasis on team and people’s understanding and trust, pre-contact time is short, early products and services business is not mature at this time is also destined to the “human” factor is more important, this is a lot of angel investors in their understanding of the surrounding circle of the reasons for selecting investment targets. A 8 Music Group director of LIU Xiao-song a decade ago when the investment in Tencent, which is only 10 employees, and even a decent servers are not, but that is because the “trust” came to bring thousands of times after the return of investment. Although the high rate of return on investment, but the same high failure rate makes a lot of angel investors who take money from the time, and there is no holding it really requires “a hit in China” idea. Many angel investors often mention a word that “the failure of investment to contribute to society as a yes.” In fact, precisely because of angel investment is in the enterprise early “fair-weather” moments, unlike the VC investment competition and more clearly the distribution of benefits, an angel investment in gas field more “harmonious” &8212; &8212; &8212; the majority of angel investors are willing to call on their friends to do more joint investment in shared resources also be able to lower their investment risks.
The other news around this topic
: