TOPIC: VENTURE CAPITAL START-

UPS AND VENTURE CAPITALISTS

MANUSCRIPT
Name - Group 1: Vuong Tam Ngoc, Pham Thi

Thuy Lan

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OUTLINE
I. INTRODUCTION
- The overview of venture capital.
II. VENTURE CAPITAL START-UPS
- Some successful companies or businesses start-ups with venture capital.
1. Logivan Technology Company
2. Sky Mavis
3. Facebook
III. VENTURE CAPITALIST
- Who are venture capitalists?
- Their motivations to fund start-ups and young businesses.
1. VinaCapital
2. Animoca Brands
3. Jim Breyer
IV. CONCLUSION
V. REFERENCES
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I. INTRODUCTION
Overview: Venture capital is a source of finance that investment companies
provide to start-ups or young businesses that they consider to have growth
potential. This investment is not only in the form of cash but can also be in other
forms such as technical expertise or specialized management.

II. VENTURE CAPITAL START-UPS

The startup movement is growing in the world, especially those in the
technology field. However, young businesses always have difficulty in starting
a business when they have to manage their own capital by borrowing from
friends or family. Therefore, the venture capital fund was born in helping
startups feel more favorable in their startup journey.

1. Logivan Technology Company

Logivan is one of the successful companies in raising capital from venture
capital funds. Logivan focuses on the field of transportation, they specialize in
providing freight services from the North to the South and are expanding and
developing to the point of being dubbed the "Uber of trucks". Logivan became a
typical prominent enterprise in the Vietnamese startup world when it called for
investment capital of up to 7.9 million USD from abroad.
Mrs. Pham Khanh Linh, CEO as well as co-founder of Logivan, believes that the
key to Logivan's success is receiving investment capital from venture capital funds.
Although there are still many difficulties in the start-up process, Mrs. Linh shared
that investors are still quite hesitant when deciding to pour money into domestic
startups, adding that many young businesses find it difficult to have the
opportunity to access investment capital because of weak financial qualifications
or English language barrier. She also shared that this success is not only due to
venture capital, but also thanks to the consensus of the company's employees and
4.0 application technology strategy to help the company expand and develop,
thereby attracting capital contributions from foreign investors. The $5.5 million
investment in 2019 came from angel investors and venture capital firms across
Asia, including Matrix Partners (China) founding partner David Su, The Alpha
JWC Ventures Fund has contributed to consolidating and developing Logivan to
become the trusted address of shippers across Vietnam.
● Alpha JWC Ventures is an Indonesia-focused value-adding venture capital
firm with expertise in FinTech and the Consumer tech sector. Alpha JWC
Ventures is an independent and institutional firm that believes in investing
in a disciplined manner combined with an active portfolio management
approach. The firm was founded in 2015 and is based in Jakarta Pusat,
Jakarta Raya, Indonesia.

2. Sky Mavis
Sky Mavis is known as a blockchain startup application to games in Vietnam.
Sky Mavis features Axie Infinity - a pet universe that is popular with a large
number of players thanks to its fight, nurture, and care for creatures called Axies.
This blockchain game has attracted 3,800 players (2020), although this number is
quite modest compared to other online games, the amount of virtual currency
traded in the game has reached more than 1.8 million USD and the highest
transaction is 15,000 USD.
Sky Mavis CEO Trung Nguyen believes that people will be attracted by games
to be able to entertain and learn and explore new technologies established in the
entertainment games they access. This is also one of the ideas that led to the
success of Axie Infinity. In addition, Sky Mavis also received significant
investment from capital investment funds such as 1.5 million USD from investor
Animoca Brands and other investors such as Hashed, Pangea Blockchain Fund,
ConsenSys, and 500 Startups (11/2019). Moreover, Sky Mavis is the only startup
in Southeast Asia supported by Ubisoft in the fifth Ubisoft Entrepreneur Lab
(UEL) program for eight international startups in the field of social entertainment.
● Headquartered in Paris, Ubisoft is one of the largest video game publishers
in the world, with brands like Assassin's Creed, Far Cry, For Honor, Just
 Dance, and Watch Dogs. Led by the Ubisoft Strategic Innovation Support
Program, UEL helps startups create products and services that have the
potential to transform the entertainment industry.
* Firm (n) = Company.

3. Facebook
Facebook - the world's largest social network has also had a journey to the success
it is today. Starting from a website created at the Harvard dormitory called
Facemask, Mark Zuckerberg did not give up and persistently pursued his passion
for programming. Fortune smiled on Mark when he met his first investor with
TheFacebook. Through a friend, Mark met freelance investor Don Graham and
was convinced by what Mark had to say about TheFacebook, although he wasn't
sure how much money it would bring. Receiving an investment of 5 million USD,
Mark resumed his research work.
The news that Don Graham invested in Facebook has reached the ears of many
other investors and in particular, there is one person who is very interested in this
project, which is Mr. Jim Breyer - a venture capitalist. He invited Mark to a luxury
restaurant to discuss and gave an investment figure of 12 million USD. However,
Mark refused and kept the original agreement with Don Braham, but Don Braham
withdrew himself when he thought that Mark should follow the investor more
profitable than himself. After receiving funding from Jim Breyer, Mark decided to
change the name of TheFacebook to Facebook and bought the domain
facebook.com for $200,000. After 2 years of development, the project has become
a delicious bait that is noticed by a series of technology giants, including Yahoo. A
year later, the social network Facebook has indeed reached new heights when
Microsoft tried to buy itself a 1.6% stake for 240 million USD.

III. VENTURE CAPITALIST

1. Who are venture capitalists?

 Venture capitalists are people who provide capital to companies when they see
their growth potential. They can fund startups or support small companies that
want to expand but can't get into the stock market. They are willing to take a high
risk of uncertainty in new companies, but these companies can also be profitable
investments if they are successful.
Venture capitalists are often concentrated in limited partnerships, where partners
invest in venture capital funds. The fund is managed by a committee whose job is
to make investment decisions.
*Partnership (n): A partnership is a form of business organization in which at
least two people jointly contribute capital and in name to do business under a
common name and jointly bear unlimited liability for debts and obligations.
assets arising from such business activities.

2. Their motivations to fund start-ups and

young businesses.

● VinaCapital
VinaCapital is one of the largest investment management firms in Vietnam. As of
2021, the firm has more than $3.7 billion in assets under management. Mr. Don
Lam, general director of VinaCapital shared: "We are one of the first investment
units in Vietnam to engage in venture capital. Although over the past time, many
venture capital funds in Vietnam have been exported. appear and disappear, but we
still stand and are fortunate to reap the successes from this fund."
*reap (v) = achieve
He further shared that as a financial investor, he is interested in finding
opportunities to approach young, potential businesses on the path of starting a
business, building and developing solutions. methods to create positive effects for
Vietnam's economy and society, bringing them to regional and world markets.
That's why he aimed at Logivan when he saw the potential of a transportation
company, Logivan later really achieved great success in the Vietnamese market.
 ● Animoca Brands
Animoca Brands is a unit that applies game theory, blockchain, and artificial
intelligence to develop mobile products. The company has headquarters in Hong
Kong, Canada, Finland, and Argentina.
The main development direction of Animoca Brands is in the technology
segment, especially P2E Game, NFT, and Metaverse. These are also very HOT
areas and are the current main trend of the Crypto market and will go far soon as
well as the future of technology. As a technology-oriented investment company
with a long-term vision, Animoca Brands certainly will not pass up this valuable
investment opportunity. Even though Sky Mavis is a newly established technology
company, seeing the potential and growth, Animoca Brands is willing to take
risks to pour investment capital into Sky Mavis, this is probably the best decision.
bold and successful when Axie Infinity has exceeded expectations, bringing huge
profits to Animoca Brands.

● Jim Breyer
Jim Breyer is an American venture capitalist, founder, and CEO of Breyer Capital,
an investment and philanthropic firm, and a partner at Accel Partners, an
investment firm. venture capital. Breyer has invested in more than 30 companies
that have listed or completed mergers, with several investments, including
Facebook, yielding more than 100 times the amount invested and invested in many
other companies with earnings 25 times greater than the money spent.
Sharing with Forbes, Jim Breyer said that his decision to risk investing in
Facebook in early 2005 and helping Mark Zuckerberg recruit Sheryl Sandberg
were two of the best decisions of his career. He says that he doesn't spend time
driving in Silicon Valley looking for a company, he just needs a founding team or a
few people or someone brave enough for his passion, they have good technology.
and product skills, they had visions of something that doesn't exist today. He knew
his job was to get that group up and running, and within five to seven years, it
would have over $100 million in sales, and Facebook completely fulfills that
condition when it has a talented founder with a relentless passion.

IV. CONCLUSION
Starting a business is always a process filled with risks and there may be failures,
but success will come after all the efforts are made. It is the same as the venture
capitalists who learned to have the foresight and accept challenges and risks at any
time when deciding to invest a large amount of capital for young companies.
"In a world that is changing so rapidly, the only route to failure is not taking
risks.".(Mark Zuckerberg)

V. REFERENCES
Wikipedia:
● https://vi.wikipedia.org/wiki/Jim_Breyer
● https://en.wikipedia.org/wiki/VinaCapital

Crunchbase: https://www.crunchbase.com/organization/alpha-jwc-ventures

Youtube: https://www.youtube.com/watch?v=j1-QztWHFKY&t=266s

Vietnamese newspapers:
● https://vietnambiz.vn/von-dau-tu-mao-hiem-venture-capital-la-gi-xu-huong-trong-dau-tu-
mao-hiem-20190912172740801.htm
● https://vnexpress.net/10-cau-noi-hay-nhat-cua-mark-zuckerberg-ve-tha-nh-cong-3095399.
html
● https://thoibaonganhang.vn/doanh-nghiep-khoi-nghiep-vuon-ra-the-gioi-tu-quy-dau-tu-m
ao-hiem-89391.html
● https://goctienao.com/tong-quan-ve-quy-animoca-brands/
● https://vietnambiz.vn/nha-dau-tu-mao-hiem-venture-capitalist-la-ai-cong-ty-quan-li-qui-d
au-tu-mao-hiem-20190913103013378.htm
● https://doanhnghiep.quocgiakhoinghiep.vn/doanhnghiep/sky-mavis/
● https://fptshop.com.vn/tin-tuc/trends/hanh-trinh-tro-thanh-ty-phu-facebook-cua-mark-zuc
kerberg-31892
● https://plo.vn/kinh-te/ceo-vinacapital-rat-hung-thu-dau-tu-mao-hiem-816394.html