Venture-Capital-风险投资2.ppt
PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT19 五月 2023Venture_Capital_风险风险投资投资2PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTWhat is VC?Venture capital(VC)is a type of private equity that is invested in promising new business with high growth potential.2PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTWhat a VC doesThe venture capital fund earns money by owning equity in the companies it invests in,which usually have a novel technology or business model in high technology industries,such as biotechnology,IT and software.3PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTMature markets Different VCs may target different industries such as:IT further split into niche areasAgri related BioinformaticsManufacturing-new materials Service4PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTAbout DFJ GrowthDFJ backs extraordinary entrepreneurs who set out to change the world.DFJ is a venture capital firm that was founded in 1985.DFJ has backed more than 400 companies in enterprise,software,mobile,cleantech,energy,health care,and other categories.DFJs team operates across the globe and specializes in many industries and geographies.DFJ works with companies in seed,early,and growth stages.5PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT6PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTSome successful casesYahooSybaseSkype(acquired by eBay)7PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTVC in ChinaIDG(Indigo Document Generator)International Data Group(IDG)is the world leading IT publishing,market research company.Founded in 1964,headquarter in Boston of the U.S.It is the first introduced into China8PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTGeographical differences Venture capital,as an industry,originated in the United States,and American firms have traditionally been the largest participants in venture deals with the bulk of venture capital being deployed in American companies.However,increasingly,non-US venture investment is growing,and the number and size of non-US venture capitalists have been expanding.Venture capital has been used as a tool for economic development in a variety of developing regions.In many of these regions,with less developed financial sectors,venture capital plays a role in facilitating access to finance for small and medium enterprises(SMEs),which in most cases would not qualify for receiving bank loans.In the year of 2008,while VC funding were still majorly dominated by U.S.money($28.8 billion invested in over 2550 deals in 2008),compared to international fund investments($13.4 billion invested elsewhere),there has been an average 5%growth in the venture capital deals outside the USA,mainly in China and Europe.Geographical differences can be significant.For instance,in the UK,4%of British investment goes to venture capital,compared to about 33%in the U.S.9PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTVC investment&exit10PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTVC looks forTeam leadership,multidisciplinary,integrity,competence,domain knowledgeProject,productMarket,opportunity,growth expected,barriers to competitionExit avenue11PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTBusiness Plansare to be forward looking,based on past knowledge of promoters and their work experience in the existing or new companyMust discount revenues expected,account for all expected costs and project expected cash flows12PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTFuture of VC in IndiaIndustry has not grown to meet needs of a variety of entrepreneursToo much money chasing too few projects,in select industries,not in the majorityPotential is there,needs to be tappedLack of appropriately trained persons to manage funds13PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTSWOTStrengths:The VC firm can earn money by owning equity in the companies it invests in,and promote economic growth with good management.Weaknesses:The VC firm may lose money if it invest a company with bad management or in bad condition.opportunities:The VC firm gives opportunities to many entrepreneurs.Treats:If the VC firm runs well,the treats will be nice.14PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTQuestion11、What other management challenges do you see for a U.S.-based venture firm that establishes operations in India?1.The firm will face some challenges of a lack of money,trained people,the government and so on.15PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTQuestion33.Identify at least one Indian firm that has raised venture capital.Describe its business and estimate its likelihood for long-term success.And how about China?BlueRun Vc firm is a global Vc firm,the main information technology investment,the field of mobile phone and consumer electronics,is in the early stages of development of enterprises.India is the worlds most exciting,most advanced science and technology market.So investment in India enterprises means16PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTAbout ChinaSequoia Capital China fund,it is in good condition.It has invested in the Internet,communication/wireless,media/new media,health care,new energy and environmental protection,software/hardware/semiconductor I think it will be a success in the future.17PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPTThat is all,thank you!18PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注风险资本是投资于那些增长潜力大、颇具获利前景新公司的一种私募基金。19PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注四风险资本基金通过持有的公司股权投资赚钱,通常有一个新的技术或业务模型在高技术产业,如生物技术,IT和软件。也就是它赚得是股息。20PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注不同的风险投资可能目标在不同的行业比如说IT.这个是比较热门的与农业相关的生物信息学制造新材料21PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注五DFJ是一个成立于1985年的投资公司,它支持了400多个公司。其中涉及的领域有医疗、保健、软件等。它的投资最后逐渐获得了回报。22PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注美国Sybase公司研制的一种关系型数据库系统,是一种典型的UNIX或WindowsNT平台上客户机/服务器环境下的大型数据库系统。Skype(中文名:讯佳普)是一款网络即时语音沟通工具,其具备IM所需的功能,比如视频聊天、多人语音会议、多人聊天、传送文件、文字聊天等功能。23PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT美国国际数据集团(International Data Group)是全世界最大的信息技术出版、研究、会展与风险投资公司。IDG公司2005年全球营业总收入达到26.8亿美元。IDG集团公司创建于1964年,总部设在美国波士顿。24PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注三风险投资起源于美国美国企业是历来风险投资交易的参加者,目前风险投资资本大部分已被部署在美国公司。2008年,美国风险投资额度为28.8亿美元。国际资金投资有百分之五主要在中国、欧洲和以色列。25PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注领导团队,多学科,诚信,能力,领域知识项目,产品,USP市场,机会,增长预期,竞争壁垒出口大道26PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注基于在现有新公司的工作经验的者过去的知识要向前看。必须为所有的预期成本和预期现金流量账户降低收入预期27PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT备注行业还没有发展到能够满足多种需要的企业家太多的钱追逐太少的项目潜力有待被发掘缺少有能力的人来管理资金28PPTPPTPPTPPT文档演模板文档演模板文档演模板文档演模板 Office Office Office Office PPTPPTPPTPPT问题1.你认为在印度的美国风险投资公司还会遇到哪些管理挑战?3.至少确认一家风险资本的印度公司,阐述其目前的经营状况,并预计它未来成功的可能性,中国的呢?29