Hi Yan,

For starters, make sure YOU understand your business well. And then
find out what your angel wants to get out of her investment. She may
just believe that having a coworking space is a valuable investment in
her community and not ever expect to see the money again. On the other
hand, she may view your organization as an opportunity for net income
in excess of expenses (profit).

When working in Russia I met many people from a communist background
who didn't understand the difference between gross revenue and profit.
Of course, China has a lot of capitalist experience by now. Still, I
suggest you have a serious talk with your potential benefactor before
you accept her money.

Good luck with your venture/adventure.

Liza

2009/7/1 Liu Yan <[email protected]>:
> Oh man, what a hilarious first day yesterday!
>
> An angel investor (who used to work for us as a happy volunteer during the
> preparation phase) proposed to us with her money. I am not sure if she
> really understands our business well, but she told us she had great trust on
> us and wants to get involved in our biz more than just a volunteer. We were
> quite shocked as you could imagine, not by her unknown wealthy family
> background, but by this extra starting capital  emerged fallen from the sky.
> I know there are many many tech-related entrepreneurs out here, I am sure
> you guys have a loooot more experience on how to cope with an angel investor
> like this. Please do help!
>
> best,
>
>
> Yan
>
> Liu Yan刘妍
> (+86) 135 2429 5509
> Xindanwei Coworking Playce
> Xindanwei China Coworking Network
> @theliuyan
> @xindanwei
> http://xindanwei.com
>
> >
>

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