Heading: Information on Shark Tank Vietnam – Billion Dollar Deal Season 7

“Shark Tank Vietnam – Billion Dollar Deal” Season 7: Insights from Tech Startup Founder

In a recent episode of “Shark Tank Vietnam – Billion Dollar Deal” season 7, Nguyen Hoa Binh, founder and chairman of NextTech Group, emphasized the importance for technology startups to stay ahead of industry trends to avoid wasting time and money. The reality capital-raising television show for startups, held in Ho Chi Minh City, featured Binh as one of the seven sharks on the panel.

Binh highlighted the need for startups to have a deep understanding of technology and the market to operate effectively. He expressed confidence in NextTech’s people, market understanding, and ecosystem compatibility as key factors for success in the startup world.

However, fellow shark Nguyen Phi Van, a franchising expert, stressed the importance of scalability for a startup’s model to succeed globally. Le My Nga, president of Weangels Capital Investment Fund and another shark on the show, shared her investment criteria, focusing on founders’ passion, community-based products, and the application of science and technology to create new market values.

The new season also introduced four other sharks, including Tillman Schulz, Nguyen Van Thai, Pham Thanh Hung, and Bui Quang Minh, each bringing their unique expertise to the table.

With over 60 startups receiving capital from the sharks in previous seasons, the show has successfully connected 174 deals and witnessed significant growth in revenue, profits, and customer base for many startups. Season 6 saw five startups securing investments, with Banh Mi Hello setting a record by receiving $500,000 from Binh and expanding to 20 shops in Japan within six months.

“Shark Tank Vietnam – Billion Dollar Deal” continues to be a platform for aspiring entrepreneurs to pitch their ideas, receive valuable insights from industry experts, and secure investments to fuel their growth in the competitive tech startup landscape.