Venture capital firms raise funds from institutions and investors to invest in early-stage startups. They purchase preferred equity stakes and take board positions. Draper Fisher Jurvetson is a large venture capital firm based in California that has invested over $6 billion globally in more than 600 portfolio companies through affiliate offices in over 30 cities. Vinacapital is a Vietnamese venture capital firm that launched in 2006 with $32 million to invest in technology startups and privatizing companies, providing operational guidance and access to networks. It has invested in companies in internet, telecom, media, and clean energy sectors.

1. ENGLISH FOR
BUSINESS STUDIES
VENTURE CAPITAL
GROUP 10

2. I. INTRODUCTION
• What is venture capital?
• How to venture?
– Portfolio company
– Criteria

3. • Pools and
resources
• Raised from
institutions and
individual investors

4. • Purchase • Early-
preferred stage
equity
Venture securities Portfolio startup
capitalist • Take company
board • Meet the
positions criteria

5. Large lucrative
market
Quality of
management
Breakthrough idea

7. II. CASE STUDY

8. DRAPER FISHER JURVETSON
VINACAPITAL

9. Venture capital firm, California, 1985
Affiliate offices in >30 cities
>6 billion USD of capital
a global network of partner funds for
>600 portfolio companies

10. 2003
Leading investment management and
real estate development firm
Portfolio$2 billion
>200 companies

11. • Launched in Oct 2006.
• $32 million

12. Build technology marketplace in
Vietnam
Invest in 2-3 anchor companies
Take advantage of the combined
power between investees

13. Invest in technology start-ups
and companies undergoing privatization.
Operational guidance.
Access to professional networks.

14. INTERNET:
- GapIT
TELECOMMUNICATION:
- Direct With Hotels
- TaxOnline (1 Feb 2010)
- Vietnam Online Network:
- MobizCom (21 May 2008)

15. MEDIA:
- Yeah1 (27 May 2008)
- Chicilon Media (USD 5 million investment, 8
Jan 2008)
CLEAN ENERGY:
- Greenvity (23 May 2011)

16. Media company teenagers and young-
adultsVietnam
27 May 2008

17. Well-known program:
“Chat With A Star” or
“Teen Viet World” .

18. STAKE
0% 0%
35%
DFJV
Others
65%
Board of directors.

19. III. CONCLUSION
Venture capital is an important
source of funding for startups.

20. III. CONCLUSION
Undeveloped stock market
Inadequate criteria
Limitation towards foreign
investors

21. III. CONCLUSION
 low-risk accepting funds.