Chapter 108: Starting a New Project - Angel Investment



"Are you kidding me?"

Fang Yuan could never have imagined that this beautiful girl who liked to wear JK uniforms actually graduated from Peking University or Tsinghua University.

"What's so funny about this?"

Guan Yingying spread her hands to show that she was serious.

Fang Yuan suddenly realized, no wonder, no wonder all the projects Guan Yingying was in charge of were profitable.

No wonder, when that car simulation bar was discussing game ROM, they were able to invite a game production giant like Huang Weijian.

No wonder this restaurant, which was 100% losing money, can be run by her to be so popular now.

It turned out that Guan Yingying was behind all this.

Guan Yingying is a talented person and she must be removed from the company.

Fang Yuan's eyes rolled and a plan came to mind.

"By the way, Yingying, I want to set up an angel investment company. After thinking about it, I feel that you are the most suitable person."

Angel investment is something Fang Yuan learned about recently after locking himself in the room and studying like crazy.

Angel investment is the pioneer of venture capital.

When entrepreneurs' entrepreneurial ideas are still in their notebooks or minds, it is difficult for venture capital to favor them.

At this time, they need someone to invest their first capital to start the project.

Usually, angel investors do not have very high expectations for returns, but a 10 to 20 times return is enough to attract them. This is because when they decide to invest, they often invest in 10 projects in the same industry at the same time, and in the end only one or two projects may succeed. Only in this way can angel investors share the risk.

In other words, as an angel investment company, the rate of return is far lower than the investment.

The input-output ratio is negatively correlated.

Fang Yuan thought, isn’t this suitable for me?

I'm just worried about where to lose money.

In the investment world, angel investment returns are among the lowest in later rounds of financing.

Fang Yuan's understanding is that angel investing rarely makes money. Even if it does, it won't be too much.

Moreover, the chances of making money are slim.

Fang Yuan learned from his studies that some successful business tycoons in China have also served as angel investors.

However, in the domestic entrepreneurial environment, there are too many people who are looking to take shortcuts.

Most people who seek angel investment do not do so for the purpose of starting a business, but rather to put the funds into their own pockets.

After receiving their first angel investment, a large number of startups buy cars and luxurious office buildings for their company, while also raising their annual salary to tens of millions.

Treat angel investing as a business.

Once they get investment, they just think of it as earning the money and don’t care about the life or death of the company at all.

In the era when angel investing was most popular, most entrepreneurs seeking angel investment were scammers.

After being deceived countless times, the angel investment company finally made a change.

Here are three angel investment mottos.

First.

We will not invest in those who have no achievements, no performance, and no talented people.

second.

Don’t invest in anything that has no prospects, no implementation, and no substance.

third.

We will not invest in those who have no connections, no funds, and no status.

It is these three days of advice that have made the domestic entrepreneurial market increasingly difficult.

He or she does not graduate from a prestigious school, does not work for a big company, does not have successful performance, does not have huge amounts of capital, does not have a strong family background, and does not have a letter of recommendation from a famous person.

It is impossible to get an angel investment, and even hundreds of thousands of dollars cannot be squeezed out of the fingers of capitalists.

Today's angel investment market prefers to choose short, frequent and fast projects, so it is relatively easy to raise funds for relatively mature and large projects (such as companies close to listing).

In their analysis, entrepreneurial enterprises that require all-round support are considered to be high-risk projects and are unlikely to receive support from angel investment companies.

In Fang Yuan's opinion, the market in China is currently rotten as shit.

It's just right, it's suitable for him to lose money.

Fang Yuan believed that even a talent like Guan Yingying would not be able to cause any trouble in the angel investment market.

When Guan Yingying heard this, her eyes lit up at first, and then dimmed.

Fang Yuan saw the problem and quickly asked, "What's wrong?"

Guan Yingying sighed lightly, and then slowly said: "I'm not afraid, Yuan. You know, I've had setbacks in the investment market before."

When Fang Yuan heard this, he thought, isn't that even more correct?

Guan Yingying has fallen into this trap before, so it is even more impossible for her to make money from this.

"Oh? What happened?"

Fang Yuan suppressed his urge to laugh and expressed the boss's concern for his employees.

Guan Yingying forced a smile, and then said: "A Yuan, you also know that before returning to the Magic City, I started a business in the Imperial Capital."

Fang Yuan's eyes widened. He really didn't know about this.

At that time, Fang Yuan gave full authority to Zhu Lu to handle the recruitment.

Even now, Fang Yuan still doesn't know how much salary Zhu Lu paid Guan Yingying.

Guan Yingying's eyes were confused, and then she slowly began her entrepreneurial story.

"I started two businesses in the capital, and both times I lost to investment companies."

"When I started my first business, I created a shared bike. At first, I only focused on the market of Peking University and Tsinghua University. After operating for a while, I found that people riding our bikes were everywhere in Peking University and Tsinghua University.

From classmates to teachers, professors, and staff, our bikes are basically ridden dozens of times every day.

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