Venture capital is "taking risks in order to get the due investment income". The definition of venture capital is "professional investment media take risks, invest capital in promising companies or projects, and increase the added value of their investment capital". Venture capital is an integral part of investment, which is similar to commercial banks in that venture capitalists, like bankers, act as a medium and channel between investors (such as lenders) and entrepreneurs (or borrowers). But it is completely different from commercial bank loans: bankers always avoid risks, while venture capitalists try to control them. Banks always require borrowers to mortgage their property before lending money; Venture capitalists, once they see promising companies or projects, will invest money and help the invested companies operate and manage. Therefore, for those small companies, especially those in the initial stage, accepting venture capital, investors bring them not only money, but more importantly, resources such as strategic decision-making, technical evaluation, market analysis, risk and recovery evaluation, and helping to recruit management talents. Traditional venture capital mainly invests in small enterprises that are in the initial stage or early stage of development but grow rapidly, and mainly focuses on those high-tech industries with development potential. Venture capital is usually carried out in the form of partial equity participation, which has a strong "risk-taking" feature, and the return of high investment risk is an opportunity to obtain high returns in the medium and long term. Angel investment is a kind of venture capital. Venture capital also invests more money in management. The investment of venture capital is generally relatively large, which is gradually invested with the development of venture enterprises. Venture capital is very strict in examining venture enterprises. The amount of funds invested by angel investment is generally small, one-time investment, and does not participate in management. The audit of venture enterprises is not strict, but more based on the judgment and even preference of investors. Venture capital is very generous, often the funds of several institutions, while angel investment is often made by one person and will be collected as soon as possible. Venture capital is a formal, professional and systematic behavior of large enterprises, while angel investment is a behavior of individuals or small enterprises. Their main difference is: 1. Angel investors' investment quota is limited, so they focus on startups in the primary seed stage. 2. Venture capitalist is a professional investor, and his investment needs a certain rate of return to make the fund increase rapidly; Angel investor is an entrepreneur himself, and he is probably the founder of another successful startup company. He can not only bring you money, but also provide experience in starting and developing a company.