VC generally refers to venture capital. In the growth process of an entrepreneurial project, it needs multiple rounds of financing until it is successfully listed. In these rounds of financing, in order to obtain funds, the founding team constantly took out its own equity to raise funds from social capital. Generally, angel investors enter first, then venture capitalists VC, and then equity investment PE.

Angel investment is the earliest wave. Now the "Entrepreneurial Heroes Club" broadcast by CCTV is angel financing. When the project makes progress and the development direction is clear, VC only needs to increase capital and mass production. Before preparing for listing, some equity investment funds will join the investor camp in order to strive for the secondary market premium after listing.

The earlier you enter the investment fund, the greater the risk, the lower the probability of success, and the greater the possibility that the investment will be wasted, but as long as the investment is successful, the income will increase hundreds of times.