创业与融资课程学习
主要融资渠道
项目融资阶段
![image-20191219152423163](/Users/liguo/Library/Application Support/typora-user-images/image-20191219152423163.png)
天使投资起源:百老汇;
我国投资现状:![image-20191219152712212](/Users/liguo/Library/Application Support/typora-user-images/image-20191219152712212.png)
![image-20191219152800355](/Users/liguo/Library/Application Support/typora-user-images/image-20191219152800355.png)
风险投资
![image-20191219152845933](/Users/liguo/Library/Application Support/typora-user-images/image-20191219152845933.png)
硅谷是风险投资最活跃的地方;
私募股权基金
![image-20191219153047142](/Users/liguo/Library/Application Support/typora-user-images/image-20191219153047142.png)
![image-20191219153128034](/Users/liguo/Library/Application Support/typora-user-images/image-20191219153128034.png)
![image-20191219153151421](/Users/liguo/Library/Application Support/typora-user-images/image-20191219153151421.png)
![image-20191219153225341](/Users/liguo/Library/Application Support/typora-user-images/image-20191219153225341.png)
天使投资
是什么
看中未来,偏向于个人的投资;
马库拉 与 苹果公司;
贝索斯 和 谷歌;
软银 和 马云
![image-20191219153543049](/Users/liguo/Library/Application Support/typora-user-images/image-20191219153543049.png)
分类
![image-20191219153812698](/Users/liguo/Library/Application Support/typora-user-images/image-20191219153812698.png)
投资模式
![image-20191219154202968](/Users/liguo/Library/Application Support/typora-user-images/image-20191219154202968.png)
特点:
![image-20191219154401169](/Users/liguo/Library/Application Support/typora-user-images/image-20191219154401169.png)
趋势
![image-20191219154505558](/Users/liguo/Library/Application Support/typora-user-images/image-20191219154505558.png)
如何吸引投资
![image-20191219154627776](/Users/liguo/Library/Application Support/typora-user-images/image-20191219154627776.png)
风险投资与私募
有限合伙人制度,无限合伙人无限责任 ;
投资过程
![image-20191219155157612](/Users/liguo/Library/Application Support/typora-user-images/image-20191219155157612.png)
基金分类
![image-20191219155343555](/Users/liguo/Library/Application Support/typora-user-images/image-20191219155343555.png)
青睐
![image-20191219155507939](/Users/liguo/Library/Application Support/typora-user-images/image-20191219155507939.png)
标准
![image-20191219155534729](/Users/liguo/Library/Application Support/typora-user-images/image-20191219155534729.png)
关注要素
团队:
![image-20191219155832639](/Users/liguo/Library/Application Support/typora-user-images/image-20191219155832639.png)
私募股权
![image-20191219160059332](/Users/liguo/Library/Application Support/typora-user-images/image-20191219160059332.png)
管理协议
![image-20191219160151057](/Users/liguo/Library/Application Support/typora-user-images/image-20191219160151057.png)
股权发展
![image-20191219160911049](/Users/liguo/Library/Application Support/typora-user-images/image-20191219160911049.png)
私募障碍
![image-20191219160947469](/Users/liguo/Library/Application Support/typora-user-images/image-20191219160947469.png)
私募基金和公募基金区别
![image-20191219161042491](/Users/liguo/Library/Application Support/typora-user-images/image-20191219161042491.png)
风险应对
![image-20191219161200364](/Users/liguo/Library/Application Support/typora-user-images/image-20191219161200364.png)
特征
![image-20191219161248286](/Users/liguo/Library/Application Support/typora-user-images/image-20191219161248286.png)
案例
扎克伯格,
阿里巴巴
软银中国
![image-20191219161835751](/Users/liguo/Library/Application Support/typora-user-images/image-20191219161835751.png)
尽职调查
投资标准
![image-20191219162005215](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162005215.png)
现金流
![image-20191219162051731](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162051731.png)
机会成本:潜在资产最大利润;看不见, 但是影响决策;
沉淀成本:不起决策作用,看得见摸得着
![image-20191219162215461](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162215461.png)
投资项目决策分析
调查内容
![image-20191219162740022](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162740022.png)
![image-20191219162803633](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162803633.png)
![image-20191219162826750](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162826750.png)
![image-20191219162843813](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162843813.png)
![image-20191219162921478](/Users/liguo/Library/Application Support/typora-user-images/image-20191219162921478.png)
![image-20191219163026641](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163026641.png)
![image-20191219163109095](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163109095.png)
![image-20191219163147092](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163147092.png)
调查原则
![image-20191219163316644](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163316644.png)
![image-20191219163356118](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163356118.png)
![image-20191219163437891](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163437891.png)
财务分析:
![image-20191219163541370](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163541370.png)
![image-20191219163637815](/Users/liguo/Library/Application Support/typora-user-images/image-20191219163637815.png)
![image-20191219164145910](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164145910.png)
![image-20191219164218325](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164218325.png)
![image-20191219164252820](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164252820.png)
创业企业缺点
![image-20191219164451915](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164451915.png)
![image-20191219164547586](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164547586.png)
![image-20191219164619669](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164619669.png)
![image-20191219164654303](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164654303.png)
![image-20191219164732187](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164732187.png)
改进
![image-20191219164818403](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164818403.png)
![image-20191219164857543](/Users/liguo/Library/Application Support/typora-user-images/image-20191219164857543.png)
![image-20191219165026081](/Users/liguo/Library/Application Support/typora-user-images/image-20191219165026081.png)
![image-20191219165106295](/Users/liguo/Library/Application Support/typora-user-images/image-20191219165106295.png)
公开上市流程
直接上市,
间接上市: 买壳上市,借壳上市
![image-20191219165601155](/Users/liguo/Library/Application Support/typora-user-images/image-20191219165601155.png)
上市程序
![image-20191219165811839](/Users/liguo/Library/Application Support/typora-user-images/image-20191219165811839.png)
退出方式
![image-20191219170658133](/Users/liguo/Library/Application Support/typora-user-images/image-20191219170658133.png)
市场分类
![image-20191219170818354](/Users/liguo/Library/Application Support/typora-user-images/image-20191219170818354.png)
![image-20191219170839185](/Users/liguo/Library/Application Support/typora-user-images/image-20191219170839185.png)
众筹融资
初创公司:天使投资的特例
成熟公司:债券
个人公司:p2p的借贷
民间资本直接介入金融;
互联网金融
![image-20191219171109534](/Users/liguo/Library/Application Support/typora-user-images/image-20191219171109534.png)
![image-20191219171222586](/Users/liguo/Library/Application Support/typora-user-images/image-20191219171222586.png)
众筹模式:
![image-20191220171146238](/Users/liguo/Library/Application Support/typora-user-images/image-20191220171146238.png)
![image-20191220171256934](/Users/liguo/Library/Application Support/typora-user-images/image-20191220171256934.png)
p2p模式![image-20191220171506073](/Users/liguo/Library/Application Support/typora-user-images/image-20191220171506073.png)
国外的P2P模式
![image-20191220171822031](/Users/liguo/Library/Application Support/typora-user-images/image-20191220171822031.png)