Question 1: What is venture capital? Venture capital is venture capital. If it is said that starting a company requires someone to pay and someone to contribute, then venture capital is the person who pays; Then get a certain share, and gain profits through the growth of the enterprise. Because the enterprise may also lose money, the money invested can't be recovered, so there is risk, so it is called venture capital.

question 2: what is a venture capital company? Wind * * * company, as its name implies, is engaged in venture capital. This kind of company just inspects some start-ups to find out whether their business models or products have development prospects. If they think they have great prospects, they will invest and hold shares in small enterprises in the form of capital exchange. When these small enterprises grow and develop in the future, the funds they invest will appreciate several times and dozens of times, and they will continue to hold these shares for a long time to make a profit or make a fortune by changing hands. This is a win-win result for those start-ups and wind companies. Start-ups get development funds and venture capitalists get huge profits in the future.

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the specific case can be Baidu.

question 3: what does venture capital mean? I. definition of venture capital

venture capital refers to an investment method in which professional financiers invest venture capital in emerging and rapidly growing unlisted companies (mainly high-tech companies) with great competitive potential, provide long-term equity capital and value-added services for financiers on the basis of taking great risks, foster the rapid growth of enterprises, and withdraw their investment through listing, mergers and acquisitions or other equity transfer methods several years later and obtain high investment returns.

investment object: emerging, fast growing and with great competitive potential

capital attribute: equity capital (medium and long-term investment)

investment purpose: pursuing high return (financial investment)

II. Basic characteristics of venture capital

1. It is an equity investment

Venture capital is not a loan capital, but an equity capital; Its focus is not on the current profits and losses of the investors, but on their development prospects and the appreciation of assets, so as to achieve the purpose of divesting capital and obtaining high returns through listing or selling. Therefore, a clear property right relationship is a necessary prerequisite for venture capital intervention.

2. It is an unsecured and high-risk investment.

Venture capital is mainly used to support high-tech enterprises or high-tech products that have just started or have not started. On the one hand, there is no fixed assets or funds as collateral and guarantee for loans, so it is impossible to obtain funds from traditional financing channels and only to open up new channels; On the other hand, the risks in technology, management, market and policy are very high. Even in developed countries, the success rate of high-tech enterprises is only 2% ~ 3%, but because of the high return rate of successful projects, it can still attract a group of investors to speculate.

3. It is a medium-and long-term investment with less liquidity.

Venture capital is often invested at the start-up of venture enterprises, and it usually takes 3-8 years to obtain benefits through capital reduction, and during this period, it is necessary to continuously increase capital for enterprises with hopes of success. Because of its low liquidity, some people call it "sluggish funds".

4. It is a highly specialized and programmed portfolio investment.

Because venture capital is mainly invested in high-tech industries, and the investment risks are high, venture capital managers are required to have high professional standards, highly specialized and programmed in project selection, carefully organized, arranged and selected, and locked in investment risks as much as possible.

in order to spread risks, venture capital usually invests in a project group with more than 1 projects, and uses the high returns of successful projects to make up for the losses of failed projects and gain profits.

5. It is an investment in which investors actively participate.

Venture capital and high-tech constitute the two wheels to promote the venture capital, and both are indispensable. Venture capitalists (companies) inject capital into venture enterprises, at the same time, in order to reduce the investment risk, they must intervene in the management of the enterprise, provide advice, participate in the decision-making on major issues, and even fire the company manager when necessary, take over the company personally, and try their best to help the enterprise succeed.

6. It is a kind of financial investment that pursues excess returns

Venture capital is an investment behavior with the main purpose of pursuing excess profit returns. The ultimate goal of investors is not to gain a strong competitive position in a certain industry, but to use it as a means to achieve excess returns, so venture capital has strong financial investment attributes.

three, the four elements of venture capital

1 venture capital

venture capital refers to a kind of capital provided by professional investors to invest in emerging companies with rapid growth and great appreciation potential. Under normal circumstances, because the financial situation of the invested enterprises can not meet the needs of investors to withdraw funds in a short period of time, it is impossible to obtain the required funds from traditional financing channels such as bank loans. At this time, venture capital enters these enterprises by purchasing equity, providing loans or both.

China, USA

annuity foreign funds

insurance companies, industrial companies (mainly listed companies)

industrial companies, venture capital companies (with strong * * * Background)

individuals and families

funds, non-bank financial institutions

investment banks

non-bank financial institutions

foreign funds

2. Venture capitalists

Venture capitalists are the operators of venture capital, which is the central link in the venture capital process, and their job functions are: identifying and discovering opportunities; Screening investment projects; Decide on investment; Promote the rapid growth and exit of venture enterprises. The funds are screened by venture capital companies, flow to venture enterprises, and then return to ...... > through venture capital companies after earning profits; >

Question 4: What is venture capital? What are the famous winds? Dune Road is located in Menlo Park in the north of Silicon Valley, at the exit of a highway to the north of Stanford University. It is only two or three kilometers long, but there are more than a dozen large venture capital companies. At least half of the technology companies listed on Nasdaq are invested by venture capital companies in this street. The most famous ones include Sequoia Capital (called Sequoia Venture Capital in China), KPCB(Kleiner, Perkins, Caufield &; Byers), NEA(New Enterprise Associates), Mayfield and so on. Although NEA was born in Baltimore, the "ancient city" in the United States, its business activities are mainly in Silicon Valley. It has invested in about 5 companies, one third of which were listed and one third were acquired, and its investment accuracy is far higher than that of its peers. It is also the backing pany of Northern Lights Venture Capital in China. Mayfield is one of the earliest venture capital companies, and its legend lies in its successful investment in Genentech and Amgen, the two largest biological companies in the world (these two companies account for about half of the total market value of biological companies in the world). In addition, it has successfully invested in technology companies such as Compaq, 3, SGI and SanDisk. Of all the wind companies, Sequoia Venture Capital and KPCB are the most worthy of a special book.

6.1 Sequoia Venture Capital Sequoia is a redwood tree in California, which is the largest (and possibly longest-lived) creature on earth. This redwood tree can be as high as 1 meters, with a diameter of 8 meters and a life span of 2,2 years. In 1972, investor Don Valentine founded a venture capital company in Silicon Valley, named after Sequoia Capital, which is unique to California. After the company entered China, it was named Sequoia Venture Capital. Sequoia Venture Capital is by far the largest and most successful venture capital company. Its successful investment companies account for more than one-tenth of the market value of the entire Nasdaq listed companies, including IT giants and well-known companies such as Apple, Google, Cisco, Oracle Bone Inscriptions, Yahoo, Netscape and YouTube. It has about 5 partners in the United States, China, India and Israel, including its founder Valentin and Michael Moritz, who is known as the king of venture capital because of his successful investment in Google. Sequoia Venture Capital invests in unlisted companies at all stages of development, from the earliest to companies that are about to go public. Sequoia Venture Capital internally divides these companies into three categories: Seed Stage. This kind of company usually has only a few founders and some inventions, and the things to be done have not yet been made. Sometimes the company has not yet been established and is in the stage of angel investors' investment. When Sequoia Venture Capital invested in Cisco, Cisco was at this stage, and the product had not yet been made; Early Stage. This kind of company has usually proved its concept and technology and made products, but it has not been successful in business. When it invested in Google, Google was at this stage. At that time, Google had a lot of traffic, but it didn't make money yet; The Growth Stage. At this time, the company has already had a turnover and even a profit, but in order to develop, more funds are needed. The investment at this stage is icing on the cake, not a timely help. The investment of Sequoia Venture Capital in each stage is one order of magnitude, which is 1 to 1 million, 1 to 1 million and 1 to 5 million respectively. Compared with other venture capitalists, Sequoia Venture Capital prefers to invest in fast-growing companies (rather than quick profits), even if it is risky. Apple, Google, Yahoo and other companies all have this feature. So how to judge whether a company has development potential? According to my understanding of Sequoia Venture Capital, there are roughly two standards: first, the technology of the company must have a jump (called Sudden Change in Sequoia Venture Capital's own words), which is what I often call qualitative change or revolution. Of course, how to judge whether a technology is really revolutionary progress or just a general innovation needs the help of professionals. Because Sequoia Venture Capital is famous and has a wide range of contacts, it is easy to find it ... > >

Question 5: What kind of professional finance does venture capital belong to? It belongs to applied economics. Generally speaking, the economy is theoretical economics, and venture capital belongs to finance.

Question 6: What is a venture capital company, referred to as "venture capital", which effectively invests the funds it manages into high-tech enterprises with rich profit potential and obtains capital rewards through the listing or merger of the latter? If you want to learn, you can learn some knowledge about investment and financial management in "Today's Yingcai Online School" and arm yourself with knowledge, so as to improve the control of investment risks.

Question 7: What does the so-called venture capital mean? Venture capital refers to venture capital. When an enterprise is established, it will need funds very much. Then, venture capitalists will enter and invest a sum of money in exchange for a certain equity. Sometimes venture capitalists will participate in enterprise management. As the company is newly established, the funds invested by investors may not be recovered. This is the risk. Moreover, the risks are still great. However, the income of venture capital is far greater than that of other investment industries, because if a venture capital enterprise invests in a potential enterprise and that enterprise has achieved great success, the income of venture capital is far greater than the investment. Therefore, venture capital enterprises will generally invest in several or dozens or even dozens of hundreds of enterprises at a time, as long as a few of them have returns, they will be able to return to their capital. If the rate of return is high, it will be pure profit.

Question 8: What kind of venture capital company is Feng * * *? It is a venture capital company, which specializes in venture funds (or venture capital), effectively invests the funds in high-tech enterprises with rich profit potential, and obtains capital rewards through the listing or merger of the latter.

question 9: what does the company do? Venture capital company: It is a special venture fund (or venture capital), which effectively invests the funds in charge into high-tech enterprises with rich profit potential, and obtains capital reward through the listing or merger of the latter.

question 1: what is the wind department? As the name implies, venture capital is venture capital, which is to invest in some creative projects, with high risk and profitability.