Factors influencing the financing of digital currency
1. The factor of investment supply and demand is actually not independent, and investors' demand for digital currency is also affected by various news factors. However, from the price surge of last year, in the absence of obvious policy and other news, The admission of investors and investment institutions will also promote the price growth
2. Policy factors are also important factors affecting the price of digital red packets. In the past, the implementation and formulation of policies in South Korea, Japan, the United States and China have affected the price trend of bitcoin
3. The real financial factors and the instability of the real financial world make the demand for digital assets rise from time to time. For example, the Chinese government's policy adjustment, the brexit of the UK, the setback of the global stock market at the beginning of 2018 and other events all give play to the hedging characteristics of digital currency
4. Technical factors. Although the security of digital currency has been highly respected in its development, several technical crises still occurred in its development history. For example, bitfinex, the largest bitcoin dollar exchange, was attacked by hackers and stole 120000 bitcoin, and bitcoin fell by 25% in the following six trading days
5. Good news and bad news will affect the fluctuation of currency value
6. The market trend will be affected by the actions of the leading enterprises in this field, platforms, digital currencies with large market share, leaders with great influence in the market, etc
besides, choosing a good project can avoid risks to a certain extent. For example, HNB, the next generation of decentralized blockchain economy, is a reliable project. It relies on the real economy, and at the same time uses value exchange to continuously create endogenous value. It uses blockchain to build an economy, so that everyone can participate in it and get returns through labor, instead of relying on currency speculation.
1. External factors: when enterprises choose financing methods, they must follow the tax laws and regulations, and consider the impact of tax rate changes on financing. The change of financial policy will inevitably affect enterprise financing, investment, capital operation and profit distribution activities. At this time, the risk and cost of financing methods will also change
2. Internal factors: the internal factors that affect the choice of enterprise financing methods mainly include the development prospect, profitability, operation and financial status, instry competitiveness, capital structure, control right, enterprise scale, reputation and other factors. Under the action of market mechanism, these internal factors are constantly changing, and the enterprise's financing mode should be flexibly adjusted with the changes of these internal factors, so as to adapt to the changes of enterprise's financing demand in different periods
extended information:
precautions:
1. Investment and financing projects should comply with the instrial policies of the central government and local governments. In China's current policy environment, many investment fields are not allowed to be involved by foreign enterprises or even private enterprises
2. The choice of financing mode. There are many ways of financing, such as debt financing, equity financing, preferred stock financing, leasing financing and so on. The distribution of rights and obligations between the two sides is also very different, which has a significant impact on the operation of enterprises
3. The choice of the form and mode of return. For example, in debt financing, the repayment plan of principal, the calculation of interest and the form of guarantee need to be specified in the loan contract. If investors invest capital or other assets to obtain the equity of the investment project company, they need to focus on the proportion of equity, the proportion and time of dividends, etc. Relatively speaking, investors are more concerned about the return on investmentsource of reference: network enterprise financing
The demand for external capital in the expansion of a company is roughly equal to the balance of its total capital demand minus the increase of natural liabilities and retained earnings. It should be emphasized here that although depreciation is an important source of internal capital for the company and has great flexibility in use, depreciation is ultimately to recover the depreciating assets, so the source of new capital cannot be depreciation
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basically speaking, the factors that affect the cost of debt capital are financing rate, bond issue price, coupon rate, income tax rate and bank interest rate
the factors that affect the cost of equity capital are financing rate and dividend distribution rate, Dividend growth rate
the cost of retained earnings is the cost of equity capital without considering the financing rate
of course, what are the economic environment, financial environment, legal environment, risk, inflation and other factors ~ ~ ~ '
you have asked too many questions, I don't know where to start
in April 2007, Jingdong Mall was invested with today's capital of US $10 million
in December 2008, it was invested by today capital, xiongniu capital and Liang Botao, a famous Asian investment banker, with a total investment amount of US $21 million
on January 27, 2010, Jingdong Mall won the C1 round investment of Tiger Fund, with the first phase of 75 million US dollars in the account
on December 3, 2010, the second phase of the C1 financing of Jingdong Mall was $75 million
on April 1, 2011, Liu qiangdong announced the completion of the C2 round of financing. The total amount of financing from six funds such as DST and Tiger Fund of Russia and some well-known social figures amounted to US $1.5 billion, of which US $1.1 billion has been received
the main shareholder is hill house capital, and other shareholders include Tiger Fund, DST, KPCB, Sequoia, today capital and bull capital. However, the key is the war. According to media reports and analysis, highland capital did not make a statement. When Liu qiangdong declared war on his microblog, he highly expressed the support of Tiger Fund, KPCB and Sequoia.
1. What do you need
before considering the valuation, you need to calculate how much money you need in the short, medium and long term. Once you have identified the range of funds you need, consider other valuation factors
2. Equity
transferring equity is always a painful decision, but it still needs to find a comfortable balance. Don't sell too much to lose control of the company, but don't be too stingy to find investors. 10-20% is normal for angels
3. Intellectual property
owning intellectual property can push up the company's valuation. Your intellectual property may be a patent, right, design, or unique code. If they give you an advantage, look at other companies with similar patents and look at their valuations
4. Other property
you may have purchased domain name, server, equipment and other property. It's easier to calculate, but don't ignore the added value of several types of property
5. Threshold
you have to think about whether it's so easy for other people. For example, Groupon and other group buying companies are good examples. Groupon is easy to be used. Start up companies with higher threshold will face less competition. High threshold is the favorite of investors
6. Future value
evaluating the future value of a start-up company is the most difficult and subjective step, especially early investment. Compared with the growth reflected by the later financing companies, the actual performance of the early companies is less. Data can help your company's great potential not to be underestimated, as can a solid business plan (BP) and growth forecast
7. Momentum
investors like to see momentum. Existing users are of course an important weight to attract investors. As a start-up company, you may provide free services to accumulate users and then use them to increase the value of the company
8. Public opinion
has the concept of the company been reported by the media? Is your concept unique or cool enough? Did the report bring you investors? Proper hype can also help you push up your valuation
9. Market environment
just like other commodities, valuation is also subject to supply and demand. If your concept is new and the first one to meet the needs of users, it will certainly be helpful for valuation. On the contrary, if the market is already full of the same procts, undervaluation is normal. The market is unpredictable, and the timing of financing is crucial. If subtle changes can lead to higher valuations, it is sometimes worth considering.
Enterprise financing is faced with the influence of various internal and external uncertain factors. In order to make a reasonable financing policy, only by fully studying and analyzing these factors and grasping various financing methods can we make an accurate financing decision
different researchers have different classification criteria for the influencing factors of financing decision-making, and some factors are coupled, which is not concive to the financing decision-making. According to the idea of system analysis, this paper uses the method of system analysis to comprehensively consider the factors that affect the financing decision-making. The influencing factors of financing decision are divided into two categories: indirect factors and indirect factors; Direct factors. Indirect factors play an important role through direct factors
1. The indirect factors that affect financing decisions“ "Indirect factors" refer to the factors that are relatively stable and do not change with the specific financing plan, so they play an indirect role in the financing decision-making, including: internal factors; External factors
(1) the internal factors that affect the financing decisions. That is, the factors related to the state of the enterprise itself. ① The organizational form of the enterprise; ② The scale, performance and reputation of the enterprise; ③ The life cycle stage of the enterprise; ④ The asset structure of the enterprise; ⑤ The profitability and solvency of the enterprise; ⑥ The capital structure of the enterprise
(2) the external factors that influence financing decision. ① Economic environment; ② Legal environment; ③ Financial environment: financial
policy and interest rate. Each factor includes many sub factors
2. The direct factors that influence financing decision“ "Direct factor" refers to the influencing factors that vary with different financing schemes, mainly including financing cost, financing benefit and financing risk