UVC: Vy Le from Do Ventures on their 2 investment models, automated reporting system that they use to support their portfolio companies and the qualities of a great startup team

Understanding VC

Vy Le is the Co-founder and General Partner of Do Ventures, an early-stage venture capital firm that focuses on making investments in information technology companies in Vietnam and Southeast Asia. The fund is looking for pioneers with a desire to create disruptive products that can bring about outstanding values to society.

Vy is an innovative serial entrepreneur with extensive experience in operations and keen insights into the Vietnam market. At 13, she founded TmSpeed Network, specialized in web development and hosting service. In 2010, Vy founded Chon.vn and served as CEO, developing the platform into one of the most popular online fashion shopping centers in Vietnam. In 2014, she exited Chon.vn to Vingroup, the largest private conglomerate in Vietnam. She then served as the CEO of Vingroup’s e-commerce subsidiary, Adayroi.com, and successfully scaled the company from scratch to reach a few hundred million USD in revenue. Throughout her career, she is known as an innovative leader with an outstanding ability to inspire employees and facilitate teamwork, creativity, and productivity.

Vy graduated as Valedictorian from Georgetown University (United States). She holds a Bachelor’s degree in Finance.

Key Takeaways

• 2 investment models(B2C & B2B) of Do Ventures
• Qualities of a great startup team and red flags for Vy
• How DO ventures use a data-driven approach in tracking their portfolio companies’ progress and optimise their support
• Vy’s approach to advising startups and helping them overcome setbacks
• Tech trends that Vy is watching both in Vietnam and the rest of Southeast Asia
• Why she is excited to be part of Vietnam’s transformation into a major tech hub