Investment Selection Criteria of Foreign Angel Investors in Startups in Vietnam
- DOI
- 10.2991/aebmr.k.211119.030How to use a DOI?
- Keywords
- foreign angel investors; investment selection criteria; startup; Vietnam
- Abstract
Angel investors play an important role in providing capital for startups in the seed stage and normally function as strategic partners who provide capacity building, management knowledge and mentorship for startups. Along with the formation of the startup ecosystem in Vietnam from 2016 to present, there are many foreign angel investors who have invested in startups in Vietnam and there are over 5,000 foreign angel investors paying attention to the Vietnamese market with more than 3,000 active startups most of which are in the seed stage. Applying search and matching theory, research synthesis, Delphi method, survey and data analysis, the author evaluates investment selection criteria of foreign angel investors in startups in Vietnam and suggest practical implications to help startups in Vietnam recognize and prepare necessary qualifications to attract foreign angel investors’ funds. From the criteria that foreign angel investors utilize to invest in startups in Vietnam, the implication for startups in Vietnam in attracting investment from foreign angel investors is summarized in 3 keywords: people, markets and products.
Research purpose:
Evaluates investment selection criteria of foreign angel investors in startups in Vietnam
Research motivation:
Suggesting practical implications to help startups in Vietnam recognize and prepare necessary to attract investment from foreign angel investors
Research design, approach and method:
Applying search and matching theory, research synthesis, Delphi method, survey and data analysis.
Main findings:
The criteria attracting investment from foreign angel investors to startups in Vietnam is reflected in people, markets and products, not just in short-term value that business brings.
Practical/managerial implications:
From what foreign angel investors are interested in, focusing on people, markets and products are advices for startups in Vietnam in order to attract investment from foreign angel investors.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Dang Thanh DAT PY - 2021 DA - 2021/12/07 TI - Investment Selection Criteria of Foreign Angel Investors in Startups in Vietnam BT - Proceedings of the International Conference on Emerging Challenges: Business Transformation and Circular Economy (ICECH 2021) PB - Atlantis Press SP - 312 EP - 319 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.211119.030 DO - 10.2991/aebmr.k.211119.030 ID - DAT2021 ER -