Results (
English) 1:
[Copy]Copied!
According to Mr Nguyen Hong Truong, Vice President of venture investment fund IDG Ventures Vietnam (IDGVV), the failure of an investment fund is not located in a failed affair, that the failure is in choosing the wrong person to funding.As one of the pioneering venture fund in Vietnam, IDGVV has invested in and helped many start-up businesses succeed and grow in the field of information technology, telecommunications, media, education as VNG, VC Corp, FBNC, Vietnamwork, Vatgia.com ...In a recent event, Mr. Nguyen Hong IDGVV-Vice President of School had the share are useful for start-up Vietnam.Avoid reinvented the wheelHe said the School had three valuable lesson that he learned in the past 10 years.The first lesson is to Avoid reinvented the wheel or otherwise is given the product and lack of new models and innovative. According to the school, this is not only true to Vietnam but also right across the world. 10 years ago when everything is still new, some start-ups can succeed by copying a model was successful. However, in the current situation, without creativity is difficult to achieve good results.The second lesson is that should incorporate the business model (which themselves are passionate, obsessed) and the actual situation. "When investing, we are interested in whether the entrepreneurs that have the passion, obsession and they solved the problem for yourself," says the school said.The third thing that IDGVV Vice President noticed for over a decade is currently the start-up company has received a lot of support, not as difficult as the first generation of start-ups.The biggest failure with investors is to pick the wrong personAccording to him, the funds typically invest in a portfolio (portfolio), so having a few business success is unavoidable. To him, the biggest failure was the wrong choice to funding. "This is the most heart-rending thing with investors. It is like the start-ups choose wrong cofounder (co-founder), "said the school insisted.Vice Chairman IDGVV said when choosing a project to invest his fund often apply the principle 3 p: People (humans); Product (product) and Plan (the plan). In it, human is the most important factor.Share of financing of the start-up, says the school said "90% of the business funding is due to investors knocking on the door". That means if your product or enough then the investors will look to you.Start-up should split the percent with investors?When investors poured capital into start-ups, they will receive the benefits of that company in the form of shares. Around the world, many business application of 70-30 ratio, i.e. start-ups accounted for 70% of shareholdings also investors own the remaining 30 percent.However, according to IDGVV, the Vice President should share how longer depending on each specific case. When new IDG's investment in Vietnam has also been applied to this rate, but then also but only affair owns 25 or 20% of the shares of the company.In contrast, there are models need a lot of capital or have to accept higher risks investors may own up to 70% of the shares of the company."If your product is really good, the investors will not want to take too much of your stock. Because they want you to be motivated to develop their products. But if your product is not sufficient or, investors will want to occupy a high stake like insurance for the risks that they may encounter, "he said School.
Being translated, please wait..