Font Size: a A A

Angel Investment Project Management Methods And Practices

Posted on:2014-03-09Degree:MasterType:Thesis
Country:ChinaCandidate:J ChenFull Text:PDF
GTID:2309330434451934Subject:Project management
Abstract/Summary:PDF Full Text Request
Angel investors (Angel Investment), is a special form of venture capital, general investment in high-risk, high-return business of science and technology enterprises. From the perspective of investment and financing, a company’s growth can be divided into six stages:seed, start-up, growth, expansion, maturity and listing period, corresponding to an investment in the form of:angel investors, VC, VC, VC, PE, PE. We can see that the seed and start-up company should be made by angel investors to financing for businesses, but in the country, the two phases of the high-tech enterprises financing environment is not optimistic, the reason is because the domestic angel investment institutions unable to control the risks caused by the angel investment projects, so this is the focus of this study, how to manage angel investment projects, the feasibility of the project greatly increased.From the definition of the concept of view, the project refers to the established resource constraints and requirements, in order to achieve some purpose disposable interconnected tasks. Project is a one-time, non-repetitive, each project is unique. So we can see that the angel investment is a typical project, each company has a big difference, so the angel investors can use project management ideas and methods to carry out feasibility studies, planning, control and termination.For the domestic business environment, due to asymmetric information and moral hazard problems are more serious, so in practice, a number of angel investment organizations will choose debt the way, in the study, we found that awareness of its debt in real terms still inadequate. This article will introduce the idea of real options, demonstration projects to quantify solve the problems alone expertise.Project planning and control, for the angel investment projects, is to achieve an accurate post-investment management. Combination of regular and irregular, from a financial start, flexible use of financial audits and cross-examination of the way to make angel investment institutions accountable for the progress of investment projects have a good understanding, combined with market and strategic analysis, influence business decisions.Good project management mechanisms, on the one hand for the success of the project to mention angel investors better protection, on the other hand, an increasingly large team of investment managers may also be gradual emergence of moral hazard. For the angel investment institutions, their internal management mechanism also affects the success of the project itself. Therefore, the project management system than perfect, is also essential work. I believe in Chengdu angel investment institutions with the gradual improvement of management, Chengdu will build " innovative city " provides a huge boost to make Chengdu truly become China’s Silicon Valley in the west and mobile Internet growth pole!...
Keywords/Search Tags:Angel Investment, Project Management, Convertible debt
PDF Full Text Request
Related items