I-Bankinter ithatha elinye inyathelo lokuqhubela phambili kwindlela yayo entsha kwizithuthi ezidibeneyo zabathengi kunye nokudalwa kwengxowa mali ekhokelayo kwintengiso yaseSpain: "MVB Fund" Yimali eyathi yadalwa ngeenjongo zokutyala imali kwiinkampani eziphazamisayo kwi-ecosystem yaseSilicon Valley, kwindawo yokuzalwa kobugcisa. Icandelo apho uluhlu olubanzi lotyalo-mali lusekelwayo ukuze kuphuculwe inzuzo yabo, nangona ngokuchaseneyo kunengozi enkulu ekuvezweni kolondolozo.
Eyona njongo iphambili kukubonelela ngotyalo-mali olwahlukileyo kubathengi beBhanki yabucala kwindawo yentengiso apho abatyali mali abambalwa banokungena khona, ezinje ngeenkampani zetekhnoloji ezinamandla amakhulu asendleleni yokuba 'Uber', 'Facebook', 'Netflix' okanye 'Amazon' kwikamva elikufutshane. Olu hlobo lwenkampani, oluzelwe njenge ukuqalisa-ups Kwaye emva koko baba zii-unicorn- iinkampani ezixabisa ngaphezulu kwe- $ 1.000 yezigidigidi-, okokuqala, kunzima ukufumanisa kwangoko kwaye, okwesibini, kunzima ukuba nezabelo.
Ukongeza kokugqibela, amathuba okuthatha inxaxheba koluhlu lwezabelo lweenkampani anciphile kule minyaka idlulileyo ukusukela oko bathatha ixesha elininzi ukuya esidlangalaleni. Ukufaka olu hlobo lweenkampani zecandelo lobuchwephesha, i-Bankinter yenze "i-MBV Fund", ingxowa-mali, oko kukuthi, ingxowa-mali eza kutyala imali kwimali eyinkunzi yokuzibandakanya (imali eyinkunzi), ethi yona ikho kubanini zabelo kwezi nkampani ezinamandla okukhula okuphezulu.
Tyala imali kwiinkampani zetekhnoloji
Ukuze utyalomali kwezona mali zibalaseleyo kwihlabathi mali abanezikhundla kwii-unicorn zexesha elizayo, ibhanki ibambisene nosomashishini owaziwayo kwezobuchwephesha uMartin Varsavsky, onguvulindlela kumanyathelo ohlukeneyo eshishini kwimarike yaseSpain nakwamanye amazwe, njengeMelika okanye iCanada. Eli linyathelo esele lithathiwe zezinye iimali zotyalo mali zamanye amazwe kwaye zithengiswa ngabaphathi bamanye amazwe.
Icandelo letekhnoloji yenye yezona zinto zibalulekileyo ezikhoyo okwangoku kwiimarike zezabelo. Kuyinto cyclical kakhulu Kwaye eneneni unokufumana imali eninzi ngeempawu zayo ezizodwa, kuba ukuphinda ubenako ukuphinda kubanzi kunakwamanye amacandelo aqhelekileyo okanye emveli. Kodwa ngesizathu esifanayo ungashiya ii-euro ezininzi endleleni kuba ukungazinzi kuhlala kuhlala kumaxabiso abo, nangona kule meko kuyimali yotyalo-mali. Umahluko obanzi kakhulu phakathi kwamaxabiso aphezulu kunye neyona isezantsi.
Iimali ezineentlawulo eziphezulu
Elinye icandelo eliqhelekileyo leemali zotyalo-mali kwiinkampani zetekhnoloji kukuba ngokubanzi baneekhomishini ezibanzi ngakumbi kunezinye iimali. Ukuya kwinqanaba lokuba banokuqikelela ukuya kuthi ga kwiipesenti ezi-2 kwisixa semali eyinkunzi etyalomaliweyo. Ke ngoko kufanelekile ukuvavanya ukuba ingaba ezi mali zotyalo-mali kufuneka ziqeshwe kunye nokunyuka kweendleko zolawulo nolondolozo. Yonke into iya kuxhomekeka kwiprofayili oyibonisayo ngalo mzuzu njengomtyali mali omncinci okanye ophakathi. Kuba isenokungabi yeyona mveliso ilungele wena.
Ngelixa kwelinye icala, kuya kufuneka uxabise ukuba olu hlobo lweemali ezizodwa zotyalo-mali zijolise kwimigangatho ephezulu yokusisigxina, kwixesha eliphakathi nelide. Ngawaphi amaxesha apho inzuzo yabo yokugqibela inokusebenza kakuhle, nangona ngentengiso onokuyidlulisela ngalo naliphi na ixesha nakwimeko. Ngaphandle kwalo msebenzi ukubiza i-euro enye kuba isimahla kwasekuqaleni. Umndilili wenzala ebebewenza kule minyaka mihlanu idlulileyo amanqanaba ajikeleze i-5% okanye i-6%. Ngaphezulu komdla oveliswe zii-indices zentengiso yesizwe kunye nezamazwe aphesheya.
Amathuba oshishino
Ewe kunjalo, ukuqesha elona thuba lishishini lokwenyani ngaphandle kokuba ukuvela kwayo kuyanelisa kwimidla yabatyali mali. Ngaphandle kolunye uthotho lokuqwalaselwa kobuchwephesha kwaye mhlawumbi nakwindawo yokujonga izinto ezisisiseko. Kungenxa yokuba, imali yotyalo-mali kwiinkampani zetekhnoloji zinokuphinda kube nokuhlaziywa kakhulu kwaye oko ungasondela kuma-45% kwiimeko ezininzi. Kodwa kunye nomngcipheko ocacileyo wokuba baya kuncipha, ngakumbi kwimigaqo emifutshane. Yiyo loo nto kufuneka ulumke ngakumbi xa uqesha.
Ngelixa kwelinye icala, awungekhe ulibale ukuba imali yotyalo-mali kwiinkampani zetekhnoloji zisebenza ngcono ngamaxesha oqoqosho olwandisiweyo. Ngelixa kukwehla kwemali kunengxaki enkulu yokuxabisa kwiimarike zokulingana. Kungenxa yoko le nto ingxaki yokuyirhumela ngeli xesha xa kubonakala ngathi iza umhlaba ubunzima bezoqoqosho obukhethekileyo kwiinyanga ezimbalwa ezizayo. Ke, umngcipheko unokuba mkhulu ukwenza ulondolozo lube nenzuzo ngendlela efanelekileyo.
Zinjani ezi mali zobuchwephesha?
Olu didi lweemveliso zemali luphawulwa ngokusisiseko yimfuno ye- ulwazi oluncinci yemisebenzi eyenziweyo evela kutyalo-mali kwisalathiso semarike ngaphandle komngcipheko wemali, Oko kukuthi, imali yayo iyuro. Kananjalo ngenxa yokuba ziinkampani ezingadityaniswanga ngokuqinileyo kwipanorama yeshishini. Zisekwe ngaphezulu kokukhula okuqhubekekayo, kulindelo kwaye ukuba oku akwenziwanga, kunokuboniswa kumaxabiso abo kwaye uyakubona oku kwingxelo yakho yengeniso.
Ngelixa kwelinye icala, kufuneka kugxininiswe ukuba ubuncinci botyalo-mali ukufaka ezi mali zixhomekeka kwiimpawu zazo nganye, kodwa okwangoku kukho iimveliso ezinokubhaliswa ukusuka kwi-100 ye-euro kuphela. Nangona kutyalo-mali ukuvelisa iziphumo ezinqwenelekayo ngokwenzuzo ebonakalayo, kufanelekile ukuba kufakwe i-3.000 yeeros ubuncinci. Njengoko igalelo lenu lemali lifuna ngakumbi, kokukhona ingeniso yeengxowa-mali zotyalo-mali kwiinkampani zetekhnoloji inokuba njalo.
Nceda ulwahlulo lotyalo-mali
Enye yezona zinto zinomtsalane kwezi mali zotyalo-mali, ngokubhekisele kwiikhontrakthi zabo, kukuba bayabavumela ababhalisi babo ukuba imali yabo bayityale “kwingobozi” yokhuseleko oludweliswe kwi-benchmark index yaseYurophu, ngaphandle kokubeka emngciphekweni i-euro enye kuphela ukubheja kwimarike yemasheya ejolise kwixabiso elinye, ngaloo ndlela kususwe kakhulu umngcipheko, kuba ngokubanzi ezi iipakethi yezenzo zivela kumacandelo ahlukeneyo nakumazwe utyekelo olubi olunokuthi lubonakalise ukuba enye yazo okanye enye yazo ithomalaliswa ngokubanzi.
Ikwathetha ukuba kwizikhundla zokuthenga iinkampani ezinemali eninzi eziza kuba zezona ziqhuba kakuhle ngeli xesha uqoqosho lwaseYurophu ekugqibeleni luvela kwingxaki yezoqoqosho esele ibambe ii-equity zayo kule minyaka idlulileyo. Nangona kunjalo, iya kuba ngumtyali mali okhethwayo okhetha ukwakheka kwezi portfoliyo abaphathi ababezilungiselele ngaphambili, nokuba kungoku izindululo zokuzikhusela ngaphandle komngcipheko ogqithileyo, okanye abanye ababandakanya ukuzibophelela okukhulu kubabhalisi bayo, kodwa oko njengembuyekezo ikwabonelela ngamathuba amakhulu okuxabisa kwabo kwiinyanga ezizayo kwimeko apho ii-equities zaseYurophu zibuyela kwindlela ephezulu.
Iingcebiso zokuqeshwa
Iimali zotyalo-mali kwiinkampani zetekhnoloji zigcina imeko eqhelekileyo exhaphake kuzo zonke ezi mveliso zemali. Phakathi kwezo zimi apha ngezantsi sikubhenca:
- Ezi mali zisekwe kwiinkampani ezinobunzima obuphezulu bezabelo zamazwe aseYurophu naseMelika kwaye kwezinye iimeko kuyakuba yingxaki encinci ukuba uzibhalise ngokuthenga kunye nokuthengisa izabelo kwimarike yemasheya.
- Ezi ziimveliso ezisekela inzuzo yabo kulindelo abaludalayo kwiimarike zezabelo. Ngesi sizathu ziyaguquguquka kwaye kuyo nayiphi na imeko zizisa umngcipheko ngakumbi kwimisebenzi eyenziweyo.
- Ayenzelwanga iprofayili yotyalo mali encinci encinci kwaye iphakathi, njengakwimeko yabathengisi abazikhuselayo okanye abagcinayo apho ukhuseleko lukhona ngaphezulu kwezinye izinto eziphambili.
- Kumele ukuba ibe yipotifoliyo yamacandelo ezobuchwephesha anokuthi adityaniswe nezinye iiasethi zemali ngenjongo ephambili yokugcina imali kwelona xesha linzima kwiimarike zezabelo.
- Ayizizo iimali zotyalo-mali obukade usebenza kuzo kude kube ngoku kwaye ke kuya kufuneka uprinte olunye udidi lwezicwangciso zotyalo-mali.
- Kuzo zombini ezi meko, imali yotyalo-mali kwiinkampani zetekhnoloji yecandelo lecandelo ngokuqinisekileyo elingaziwa kakuhle ngabatyali mali.
- Kwaye okokugqibela, akufuneki ubhalise ngovuyo kubo kuba banokudala ngaphezulu kwesinye seengxaki zakho ukusukela ngoku. Ngendlela yokwehla kwemali eyinkunzi enegalelo kule mveliso yemali.