Angel Investor: Let the start-up company bid farewell to fan

Why is the Zhou "the Most Angel" a group of "old fan" with "average age" over 10 years? And whether it's apple, Microsoft, or Now G oogle, Facebook or Twitter, why are they growing so fast?　　In addition to the business model, it is important that these companies behind the company, there are angel investors figure. The value of this group of angels, in addition to the first investment that little money, there are intangible "experience investment."　　It is this kind of "empirical investment" is constantly passing and cycling, only to let a start-up enterprises have the possibility of growing up fast. This is also an interview with this issue of the angel protagonist Zhou sentiment. Of course, from the perspective of return on investment, Zhou is not the godfather of entrepreneurship, but he is practicing such a concept.　　So let's just comb the story of Zhou and the startups he's invested in as entrepreneurs, what can you do with angels? What can an angel teach you? If you are in the field of technological entrepreneurship, the biggest constraint is often the ability to transform technology into "products".　　In short, what user value does your technology create? If you run into a team with a technical background and not much market experience, it is imperative to find an angel who can make up for this short board.　　You may say that consulting industry can also achieve the purpose of filling the vacancy, but we should remind that, because the angel is not a live Lei Feng, they will not white help: he and your company bundled with the mechanism, can let you get the advice "more reliable" some, no one will take the shining capital of equity jokes. In a deeper sense, your strategic plan is also to be done, the smaller the company the more need to make strategic planning. This strategy is not a hundreds of-page PPT, it's actually you have to be very clear about who you are, what you should do, and what you should never do.　　Only a clear strategy and positioning, your product will be able to lock users in the market, this is the first step to success.　　The premise is that you've found the right angel. Don't start with the stock. Have a blueprint that can let your blood boil, don't impulse, design the initial benefit distribution to say again.　　Zhou, with his Angel experience, tells you that many businesses are not going to make it because of the capital structure. There may be two extremes here, or some of your brother's "equally", just beginning to split up no problem, but always avoid one day you and I his "contribution coefficient" deviation, you are still 1,　　I became 0.6, he did 1.2, once the deviation exists and still have no adjustment, it is easy to lead to division; the other extreme is that you are "in charge", and the outcome is obvious: how can anyone help you? See what Zhou suggested. Regardless of your team strength, do not share the stock, and then strong team, but also to leave a 15%-20% pool, weak team, you have to know how to leave 40% or even 50% of the pool to do. The advantage is that it doesn't matter at first that everyone equally,No matter whether there is a stronger person in your team in the future, or if your contribution is inconsistent with the equity, you can always add a bit of pot to the bulls.　　After all, it's too much to pay for someone else's pocket.　　More importantly, this game rules more on the appetite of VC, which will further promote you to the VC to clear the obstacles! Of course, in any case, the angel is still your small shareholder in most cases.　　Basic approach to achieve consensus, but the two sides of the business can not help but differences, then the good angel will understand that you are the person, should let you decide; if the angel can not understand, you can justifiably say: I am a major shareholder! Newspaper reporter Yu Tao Zhang Jia