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股权众筹、天使投资及风险投资的区别 - 站长搜索
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股权众筹、天使投资及风险投资的区别

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2016-05-20 14:15:07 转载来源: 网络整理/侵权必删

股权众筹股权众筹是天使投资的升级版,个人净资产较高的人更容易投入高回报的项目,也具备相应的风险能力,即使失败了,也能够承担。个人净高资产的人,对于那些新型行业的影响是巨大的,他们给予创新一种助推力量,使得社会不断的进步,不断的革新

股权众筹

股权众筹是天使投资的升级版,个人净资产较高的人更容易投入高回报的项目,也具备相应的风险能力,即使失败了,也能够承担。个人净高资产的人,对于那些新型行业的影响是巨大的,他们给予创新一种助推力量,使得社会不断的进步,不断的革新。

国内众筹主要有两种模式,一种是产品预售,另一种是股权众筹。股权众筹一般模式是在互联网上以兜售股份的方式来募集资金。

股权众筹的流程:创业者在众筹平台上发布项目--投资人通过平台投资项目获得股权--发起人发放回报--投资人取得回报。

科技,农业,动漫,电影,设计,出版,公益,娱乐,这些都能成为众筹项目。股权众筹则不同。为了确保投资人有相应的风险承受能力,平台一般都会对投资人设置一些门槛。

由于众筹的模式中会由多个小额分散的投资人投资一个项目,要创业者一一接受所有投资者的咨询和调查,将耗费大量的精力。所以众筹网站往往会实行“领投+跟投”的制度。这种制度最早是由国外著名的股权众筹平台AngelList采用的,其实就是选出一位具备资金实力、投资经验或者某方面专业技能的人做领投人,负责协调投资人与项目之间的关系。对于跟投者,网站一般会确认其风险承受能力,并有一定的最低投资额限制。

天使投资

现在很多的新兴企业家们,都会选择出来做天使投资人。

一般来说都是由自由投资人,或者是非正式风投机构,对那些原创型的项目构思,或者是初创企业的一次性前期投资,也是风投的一种形式。在风投领域来看的话,“天使”是指企业家的第一批投资人。

天使投资的特点是投资金额一般较少,但回报率较高。

股权投资本身就是一个风控过程。如何降低风险,在每个阶段都成了关键。任何一个项目主要是核心因素都是资源,资金,人才,用户,场景这些方面,只是不同阶段风控的侧重点不同。

VC即“风险投资

风投(Venture Capital)分为五个阶段。种子投,初创投,成长投,扩张投,成熟投。

每个阶段都具有高额的风险,在风投领域,需要做的就特别多了。首先是结合公共政策,筛选优秀的项目,对项目团队,运作方式等进行调查,做出评估,看其是否具备相应的能力,道德品质是否良好,团队信誉、品牌是否良好,是否具有独立的知识产权,信息高度对不对称,财务监管是否有力等等,另外,还得从政治经济等各项因素来考量。涉及的层面比较广,风险较高,所以对于风投行业从业者的素质要求也相应较高。

风投的最终是退出,因为风投的目的并不在于控股。风投的退资方式常见的有三种:首次上市(即IPO),收购,清算。

标签: 股权 众筹 天使 投资 风险投资 区别


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