Invest in core technology, balance risks 

Deep technology does not mature at the same time. A semiconductor or biological project takes years to have a marketable product, while a digital platform can hit the market in a few quarters. If capital is concentrated in a single stage, the Fund will either have to wait too long, or have to ignore difficult projects for which the market is lacking sponsors.

Therefore, the Fund divides the portfolio into many periods with different cycles. Most of the resources are focused on the real bottleneck of Vietnamese startups: businesses have products and first customers but do not have enough documents to call for international capital. A smaller part goes early to create project resources for the following years, and a part goes late to recover capital for reinvestment.

This division also determines how success is measured. The fund does not evaluate each individual investment on a yearly basis but looks at the entire portfolio through the entire cycle, accepting failures as long as the entire portfolio is on track. This is the condition for daring to fund technology that no one has proven yet.

The guiding principle is market and transparent: all decisions are based on data and actual potential, there are no non-market incentives, and the process is published for businesses to compare before submitting documents.