IT financing: find fairy
Financing three axes
IT business financing, in terms of traditional ways, there are about three types:
First, enterprises have got a certain profit throughout the industry and transform profits into traditional assets, such as the floor
Production or other collateral assets, then go to bank for mortgage.
Second, enterprises will be large, allowing the country to recognize, through listing financing. This is also a for a few more time
One of the main expressions of domestic IT industry financing.
Third, private financing. Under the current conditions in China, folk financing is not very active, which is waiting to be parties
The condition is further improved.
In China, the above three kinds of financing methods have certain limitations. Many IT companies take into account foreign financing. its
Really, there is almost no exception to repeat these three ways, but the region is different.
Federation of financing fourth
Over time, the fourth financing method - venture capital should be born. In foreign countries, venture capital
The capital matures in the 1980s. Venture capital is significantly different from traditional banks, and venture capital is more
With the adventure spirit, it will turn investment as a risk, through the risk to obtain high profits; banks take conservative
Resist risk. As we mentioned earlier, domestic commercial banks tend to use mortgage to capitalize
Gold support, this actually transferred almost all to the borrower. Therefore, the operation of commercial banks
Require low risk, less return; venture capital must rely on risk to produce profits, its return rate is also
high.
IT venture capital, not alone
With the development of information technology, the electronic information industry has flocked to the era. Especially in the past ten years of internet
The development of communication technology has enabled the electronic information industry a country, and an industry leads a sign.
It is precisely the chasing hotspots of venture capitalists.
Venture capitalists invest in IT industry, can not receive interest (because it is investment rather than lending),
To a certain extent, venture capital must rely on an effective exit mechanism to honor investment.
There are two ways to exit the venture capital, the first way is to operate the investment company, this is the best
Select; second way, it is to marry risk to another venture capital, this way only passes the wind.
Insurance, will not get a good return on investment.
For IT companies, there are three obvious advantages in introducing venture capital.
First, you can obtain the necessary funds.
Second, the financial stability can be maintained for incorporation of funds that are not repaid.
Third, risk investment to exit, the best way is to help companies are listed, and companies will get risks
Other investments and help in the form of independence.
The electronic information industry is favored by venture capitalists, which is determined by its high permeability, high penetration characteristics. among them
Typical representatives are communication industries. For other high-tech, communication technology is more real, applying
Coaster, it is easier to be accepted by the people. This look at the speed of our mobile phone update. Such as "fifth
Media "," Thumb Economy "is reflected in the significant impact of communication industry to people's lives, it is increasingly
Part of our lives. Therefore, industries such as communications have a universal influence, it is easier to become
Risk investors chase highlights. Last year, Kai Chi invested 12 billion international high-tech workers in Liangshan, Shandong.
The park is actually a risk investment of communication technology and high-tech.
Corporate listing: Wufei heart
From a capital perspective, IT companies are listed in facts are not as difficult as people think. IT industry is
The industries supported by countries have a certain policy advantage. Why is there a lot of IT companies feel that it is "long
Road long "? This has several reasons, the first reason, is not the capital requirements of the listing, this
It is also the most important reason; the second reason is that the operating performance is not good enough. When ventures with venture capitalists and some large IT companies, it is necessary to investigate the situation of this company, whether there is a certain scale, must operate
Room and certain profits. Risk investors mainly solve the first question, when the company is listed,
This increase, and their own capital is not enough, this requires the need to support the venture capital. In addition,
The company is listed, and the request is a company, and the initiator must reach four or five. Venture investors can
Out of this critical moment, help to build initiator, adjust the shares, and inject some necessary cash flow
For capital, after listed, quit reasonably.
Taking a case of a Kaici operation as an example. We use venture capitalists, and listed companies
To sign an agreement, we hold us before listed, once the company is listed successfully, ask the listed enterprises to us.
Holded shares to repurchase. Venture investors from capital holding, mainly to protect their own interests, and
Do not participate in business decisions. Listed companies can get the shares held by venture capitalists to bank mortgage because
The shares of the city company can be mortgage. Through this way, enterprises from bank loans, repurchase venture capitalists, but
Then re-press repayment to the bank. Practice has proven that such a road is to do.
As far as our experience, Chinese companies choose venture capital, or there is a certain amount of funds.
Lack, either financing has no door. The financing of Chinese companies often presents the following path: first find banks, seeking bank
There is no door, then look for the government, see if you can guarantee financing, or find a leadership to coordinate, apply for some special hair
Exhibition funds; finally can't, find venture capital.
Venture investment has a certain industry characteristic, it is a semi-active, semi-passive, usually passive. because
For a financial institution, it is generally waiting for the customer to find it, not to take the initiative to find customers. Discuss
One day, a bank is not looking for a regular business, providing loans, this bank will not be
Is there a problem? Risk investment is also the same, if you take the initiative to ask a company to risk
Investment, the mentality of the company will be very different, they will even doubt if you don't have an attempt, is it to collect
Buy it.
In Silicon Valley, IT financing activities are very many, and companies are involved in all kinds of intensive ideas.
Capital activities, a lot of successful cases. China's IT companies can refer to Silicon Valley mode, more actively exposure
Investors, actively participate in sharing, open mentality, trigger venture capital companies to enterprise products and projects
Interest, and clearly point out the development of the future market, there is a risk investor on the road to development.
Force support.
