China Angel Investment In The Development Process

Angel investment focused on seed and germination of Venture a risky investment,because the input when the higher risk, payback period and return the benefits are difficultto predict, it is called the "angel" unrequited. Now academia accepted the argument, theangel investors in the investment man-made origin of19th century American BroadwayTheater, beginning with romantic, but after a period of time, angel investors in thetraditional lucrative industry such as oil, mining, railway industry to earn high returns.Later, with the rise of Silicon Valley start, gradually evolved into folk we are familiar withtoday is mainly used for high technology, new energy venture investment and financing, todefine the types of investment and financing, it should be attributable to the equity capitalinvestment. Because of its popularity, features and more decentralized, and capital isrelatively low for use in start-ups, as many start-ups in the supply of survival before VCinvestment,In the United States and other Western developed countries, many angel investors,angel investors, large-scale, far beyond our imagination. In China, with the rapid economicdevelopment, entrepreneurial atmosphere of increasingly strong, angel investors began toinitiation of development. Today has a certain size. However, due to the limitations of theinvestment environment, culture, investment policy, its development still exist manyproblems that cannot be circumvented.This paper attempts to conduct a comprehensive, in-depth comparison with the courseof development of the angel investment industry, combined with investment-specific casestudies to find the angel investment industry in China is currently the main problems andrecommendations to solve the problem. At the same time, make the outlook for the future development trend of the angel investment industry in China.The full text is divided into three parts:The first part includes the first two chapters, the literature review section. The firstchapter describes the sources of angel investment properties, suitable for the area ofinvestment, as well as the difference with other forms of venture capital. The second partdescribes angel investment course of development of Sino-US comprehensive comparison.This part of the angel investors to make a panoramic description.The second part consists of two chapters, describes the angel investment status, putforward issues and solve problems, that part is a core part of the article. Chapter III of thecurrent state of our angel investors described in Chapter IV of the angel investment inChina is currently the main problems and solutions, the main issues include: angelinvestors are not professional enough equity accounting for improper, imperfect creditmechanism, exit mechanism imperfections and lack of communication channels for angelinvestors and entrepreneurs. In response to these issues, combined with the experience ofEurope and the United States advanced angel investment solutions recommended.The third part of the fifth chapter is a summary of the Outlook section of the overviewof the current development trend of U.S. angel investment, combined with China’s actualsituation, make the outlook for the future direction of our angel investors.