Angel financing in Asia Pacific : a guidebook for investors and entrepreneurs / / edited by John Y. Lo ; in collaboration with Patrick Mooney, Po Chi Wu

• Record Nr.: UNINA9910969654103321
• Pubbl/distr/stampa: Bingley, England : , : Emerald, , 2016; ©2016
• ISBN: 9781786351272; 1786351277
• Edizione: [First edition.]
• Descrizione fisica: 1 online resource (526 pages)
• Disciplina: 332.673095
• Soggetti: Investments; Business & Economics, Crowdfunding; Finance & accounting
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographic references.
• Nota di contenuto: Front Cover -- Angel Financing in Asia Pacific -- Copyright Page -- Contents -- List of Contributors -- Preface and Acknowledgment -- Foreword 1: Angel Financing in Asia Pacific -- Foreword 2: The Fun of Creating Business in Asia -- Part A: Introduction -- A1 Introduction -- Why a Book on Angel Financing in Asia Pacific? -- What Does This Book Aim to Accomplish? -- The Asia Pacific Landscape -- Australia and New Zealand as Mature Angel Spaces -- Greater China has Diverse Angles -- East Asia Awakening -- India Doing Fine -- ASEAN Countries Catching up -- Some Common Themes -- Being Late to the Party -- Lacking Successful Cases and Role Models -- Smaller and Varied Markets -- Persistence of Traditional Thinking -- Challenging Legal and Regulatory Environments -- Multiple Jurisdiction Holding Structure -- Fewer Organized Angel Activities -- Exit Routes Remain Scarce -- Practicing for Success -- Intended Readers -- Part B: The Angel Investment Scene across the Asia Pacific Region -- B1 Hong Kong -- Angels Learning to Fly -- The Post-Reunification Economy -- Financial Infrastructure -- VC/Private Equity -- Capital Markets -- Innovation and Technology Policies and Infrastructure -- Tech Infrastructure -- ; Financial Support -- Fostering Innovation Culture -- Startup Scene -- Founders -- Startup Businesses -- The Ecosystem -- Co-working Space and Incubator/Accelerators -- Tech Organizations -- Angel Landscape and Activities -- Hong Kong Angel Profiles -- Angel Networks and Entities -- Investment Companies, Funds, Family Offices -- Amounts and Structure of Financing -- Recent Cases -- Case 1: Insight Robotics -- Case 2: GoGoVan -- Case 3. Orient Speech Therapy -- Case 4: Sengital Limited -- Case 5: AMOS Enterprises Limited -- Issues Going Forward -- Concluding Observations -- References -- B2 China -- Two Horses -- Political and Economic Backdrop.; Evolution of the Startup and Angel Ecosystem -- Budding Stage -- Developmental Stage -- Accelerated Growth Stage -- Prominent Angels -- Xu Xiaoping (&amp -- #x05F90 -- &amp -- #x05C0F -- &amp -- #x05E73 -- ) -- Lei Jun (&amp -- #x096F7 -- &amp -- #x0519B -- ) -- Zhu Min (&amp -- #x06731 -- &amp -- #x0654F -- ) -- He Boquan (&amp -- #x04F55 -- &amp -- #x04F2F -- &amp -- #x06743 -- ) -- Zhou Hongyi (&amp -- #x05468 -- &amp -- #x09E3F -- &amp -- #x0794E -- ) -- Angel Profiles -- Role of the Government -- Angel Investing by the Numbers -- Growth of Angel Fund -- Number of Deals and Amount Invested -- Geographic Spread -- Investment Sectors -- The Organized Angel Investing Scene -- Angel Groups -- Angel Funds -- Angel Funds with No Government Sponsorship -- Government Sponsored Guiding Angel Funds -- Angel Funding + Incubator/Accelerator -- Crowdfunding -- VC/PE Environment -- Exit Routes -- Room for Foreign Angels? -- Offshore or Onshore Structure? -- Accessing Offshore Structure Deals -- Accessing Onshore Structure Deals -- Corporate or Institutional Approaches -- Challenges and Prospects -- Conclusion -- References -- B3 Korea -- South Korea: A Country Overview -- The Miracle of Han River -- A Cradle of Innovation -- Conduciveness to Tech Development -- A Changing Environment for Angel Investment in Korea -- 2000-2011: The 2000s Dot.com Bubble Burst and Dwindling Angel Investment -- New Momentum for Angel Investment Since 2013 -- Revitalizing Angel Investment -- The Private Sector: A New Generation of Investors -- Tech Incubator Program for Startup Initiated by SMBA -- Match Funding for Angel Investment -- Better Tax Incentives for Angel Investors -- New Momentum -- A Cultural Shift -- The Rising Gangnam Startup Ecosystem -- Billion Dollar Industries Reshaped by IT -- Global Funding and Global Outreach -- Return of the Korean Diaspora -- Challenges.; Conclusion: Korea, a Crystal Ball for Innovation -- Reference -- B4 Japan -- Post-War Entrepreneurship Laying the Economic Foundation -- The Dot.com Boom and Bust -- Illusive Angel Capital -- Interesting Comparison between Bay Area and Tokyo -- The New Startup Ecosystem -- Language Barrier and Foreign Influence -- Universities are Gearing Up -- Other Contributing Factors -- Business and Cultural Environment Relevant to Entrepreneurship -- Supporting Government Policy and Incentive -- Financial Environment for Startups -- GDP, Wealth Level and Availability of Angel Funding -- VC/PE and Capital Markets -- No Strict Accredited Investor Rules -- Angel Networks -- Early-Stage Venture Funds/Incubators -- Open Network Lab -- Beenos -- Movida Japan -- Samurai Incubate -- Cyber Agent Ventures -- B Dash Ventures -- Crowdfunding -- Selected Case Studies -- Gengo.com -- MakeLeaps -- Ptmind (Ptengine) -- B5 Taiwan -- Where the Angels Play in Taiwan -- Other Early-Stage Players -- VC Funds -- Business Incubators and Accelerators -- Co-working Spaces -- Crowdfunding -- Events -- Typical Angel Deals -- Incentives and Exit Options -- Incentives and Tax Treatment -- Foreign Influence -- Exits -- Recent Cases -- Case 1: Gogoro -- Case 2: Sentri -- Summary -- ; Reference -- B6 India -- Angel Investment Overview -- Economic Environment -- Entrepreneurial Ecosystem -- Accelerators -- Government Policy and Incentives -- Financial Environment -- VC and PE Availability -- Capital Markets -- Investment Exits -- Informal and Organized Angel Financing -- Pre-Angel or Quasi-Angel Financing -- Organized Angel Financing -- Indian Angel Network (www.indianangelnetwork.com) -- Mumbai Angels (www.mumbaiangels.com) -- Selected Case Studies -- Case 1 - InMobi (www.inmobi.com) -- Case 2 - Druva (www.druva.com) -- Outlook -- B7 Thailand -- Introduction -- The Long Path of Angel Investment.; Early Success of Startups -- Lack of Funding for Early Stages -- Government Support for Startups -- Thailand Startup Pains -- A Field Study of Thai-Chinese Business Angels -- Investment Strategies of Business Angels -- Characteristics and Challenges of Business Angel Investing in Thailand -- Characteristics -- Challenges -- Investment Performance for Business Angels -- Summary of Findings -- Today's Startup Scene -- Incubators and Accelerators -- Venture Capital -- Co-Working Spaces -- Startup Events -- Government -- State of Thai Angel Investment -- Reference -- B8 Malaysia -- Introduction -- MyTeksi -- TABLEApp -- EasyParcel -- Development of the Angel Community -- Angel Tax Incentive -- Malaysian Business Angel Network -- The Malaysian Angel - An Initial Profile -- Angel Clubs -- Cradle Co-Investing Programme -- Equity Crowdfunding -- Future of Angel Investing in Malaysia -- B9 Singapore -- Overview of Angel Investing in Singapore -- Seed Funding and Exits in Southeast Asia -- Development of the Business Angel Investment Community: From Individuals to Groups and Networks -- The Early Growth of Business Angel Investment -- Formation of Business Angel Network (Southeast Asia) -- Formation of Other Angel Groups and Networks -- Government Support Schemes for Angel Investing in Singapore -- Government Schemes that Directly Promote Angel Investment -- Government Schemes that Indirectly Support Angel Investment through the Provision of Early-Stage VC -- Concluding Remarks -- References -- B10 Indonesia -- Indonesian Economy -- Indonesian Traditional Investment Method and Crowdfunding -- Indonesian Government Support Programmes -- Technology Environment -- Indonesian Startups and Angel Investors -- Study of Indonesian Angel Investors -- Venture Capital -- Corporate Venture Capital -- Concluding Remarks -- Reference -- B11 Australia.; Where the Angels Play in Oz -- Other Early-Stage Players -- VC Funds -- Business Incubators -- Business Accelerators -- Hybrid Developers/Accelerators -- Co-working Spaces -- Crowdfunding -- Commercialisation Australia and Accelerating Commercialisation -- Typical Angel Deals -- Aussie Colours -- Australian Bio-Refining -- Critical Arc -- Gen3Media -- Tapestry -- Incentives and Exit Options -- Incentives and Tax Treatment -- Exits -- Summary -- B12 New Zealand -- Context -- History -- The Players -- The Structure of New Zealand Networks -- Success Factors -- Syndication and Exits -- Capability and Competence -- The Relationship between Venture Capital and Angel Investment -- Government Support -- Regulatory Environment -- Incubators and Accelerators -- Crowdfunding -- Deal Flow -- New Zealand Angel Deal Sizes and Performance -- Typical Angel Deals -- References -- Part C: Angel Financing - A Guide for Investors and Entrepreneurs -- C1 Angel Investment 101 -- Notable Angels -- Angels among Us -- Origin and Global Development -- Comparison with Venture Capital and Private Equity -- Can You Profit from Angel Investing? -- Reference -- C2 Why Become an Angel? -- Angel Investing as an Alpha Driver -- Angel Investing versus Stock ; Market -- Angel Investing and Business Cycles -- Beyond Profit -- Asia Pacific - A Next Heaven for Angels? -- Reference -- C3 What Does It Take to Be an Angel? -- Who Is a 'Typical' Angel - Demographic Attributes? -- Angles in the West -- Angles in Asia Pacific -- What's Different and New in Asia Pacific -- Becoming an Angel - Financial Strength -- Becoming an Angel - Emotional Capacity -- Becoming an Angel - Adding Value -- References -- C4 Finding Angel Investment Opportunities -- Taking Advantage of Market Inefficiency -- Treasure Hunting -- Investing through Angel Organizations.; Venues to Check Out in Search for the Next Google.
• Sommario/riassunto: Angel investment and finance have been spreading from Silicon Valley to other parts of the world, including Asia, at an accelerating pace. Yet there have been few attempts to document this phenomenon and examine the hows and whys of startup financing in the region. Angel Financing in Asia Pacific addresses this knowledge gap by approaching the subject matter from two angles. First, from a journalistic angle, it aims to capture the current status and recent developments in a number of countries or territories in Asia. In each country report, the respective author(s) trace the background, trends, and future outlook of technology and innovation driven developments and related angel investment activities. The second part of the book takes a more analytical and prescriptive angle to the subject; making recommendations, providing analysis, and suggesting new approaches to startup financing in the Asia Pacific region.