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

Format:

Book

Contributor:

Lo, John Y., editor.

Mooney, Patrick, editor.

Wu, Po Chi, editor.

Language:

English

Subjects (All):

Investments.

Physical Description:

1 online resource (526 pages)

Edition:

First edition.

Place of Publication:

Bingley, England : Emerald, 2016.

Summary:

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.

Contents:

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

#x05E73

)

Lei Jun (&amp

#x096F7

#x0519B

Zhu Min (&amp

#x06731

#x0654F

He Boquan (&amp

#x04F55

#x04F2F

#x06743

Zhou Hongyi (&amp

#x05468

#x09E3F

#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

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

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

Events

Typical Angel Deals

Incentives and Exit Options

Incentives and Tax Treatment

Foreign Influence

Exits

Case 1: Gogoro

Case 2: Sentri

Summary

B6 India

Angel Investment Overview

Economic Environment

Entrepreneurial Ecosystem

Accelerators

Government Policy and Incentives

Financial Environment

VC and PE Availability

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)

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

B8 Malaysia

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

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

Corporate Venture Capital

B11 Australia.

Where the Angels Play in Oz

Business Incubators

Business Accelerators

Hybrid Developers/Accelerators

Commercialisation Australia and Accelerating Commercialisation

Aussie Colours

Australian Bio-Refining

Critical Arc

Gen3Media

Tapestry

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

Deal Flow

New Zealand Angel Deal Sizes and Performance

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?

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?

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

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.

Notes:

Includes bibliographic references.

Print version record

ISBN:

9781786351272

1786351277