{"id":11260,"date":"2018-02-04T09:30:13","date_gmt":"2018-02-04T02:30:13","guid":{"rendered":"http:\/\/yup.edu.vn\/?p=11260"},"modified":"2026-10-01T01:34:32","modified_gmt":"2026-09-30T18:34:32","slug":"cau-chuyen-mat-ca-vo-lan-cong-ty-vao-tay-nha-dau-tu-nguoi-hoa-cua-ong-chu-startup-kem-viba-khien-shark-vuong-quen-ca-luat-choi","status":"publish","type":"post","link":"https:\/\/yup.edu.vn\/en\/cau-chuyen-mat-ca-vo-lan-cong-ty-vao-tay-nha-dau-tu-nguoi-hoa-cua-ong-chu-startup-kem-viba-khien-shark-vuong-quen-ca-luat-choi\/","title":{"rendered":"The Viba Nippers startup owner's story of losing both his wife and company to an ethnic Chinese investor made Shark V\u01b0\u01a1ng forget the rules"},"content":{"rendered":"<p class=\"sapo\" style=\"text-align: justify;\"><strong><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u201cThat investor was an ethnic Chinese man who spoke English. I did not speak the language, so I asked my wife to work with him. I never expected the two of them to develop feelings for each other. The investor wanted to take over the company as well, so I had to leave\u2026 My sense of honor was immense then; all I could think about was death,\u201d the owner of Viba Nippers\u2014a former rival of Ngh\u0129a Nippers\u2014shared on Shark Tank Vietnam.<\/span><\/strong><\/p>\n<p><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cafebiz.cafebizcdn.vn\/thumb_w\/600\/2018\/2\/3\/photo1517651949084-1517651949085344841300.jpg\" alt=\"After losing both his wife and his company to a Chinese investor and being bound by a 5-year non-compete in the plier industry, this passionate owner made Shark V\u01b0\u01a1ng forget the rules of the game\" \/><\/span><\/p>\n<p class=\"avatar-desc\" style=\"text-align: center;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Mr. Tr\u1ea7n V\u0129nh B\u1ea3o, responsible for manufacturing Tek Nails clippers.<\/span><\/p>\n<div class=\"detail-content\">\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Episode 13 of Shark Tank Vietnam recounts a sad startup story from a decade ago.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Tr\u1ea7n V\u0129nh B\u1ea3o, responsible for manufacturing Tek Nails clippers, previously owned Viba Clippers (Viba abbreviates V\u0129nh B\u1ea3o). Before 2006, Vietnam had only 2 famous clipper brands: Viba and a giant manufacturer that is extremely successful in producing clippers today.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">When K\u1ec1m Viba sought foreign investment, the investors' arrival coincided with the owner losing both his wife and his company.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">&#8220;<b>The investor was an English-speaking ethnic Chinese man. I did not speak the language, so I asked my wife to work with him. Unexpectedly, they developed feelings for each other. The investor wanted to take over the company too, so I had to leave\u2026<\/b>\u2018, B\u1ea3o shared.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u2018He maneuvered me into selling that company to a Singaporean investor, together with a commitment not to work in the pliers industry for five years after the sale. At the time, my honor meant everything to me, and I thought only of death. But then I decided that I had to stand up, start again, and reclaim that honor.\u2019<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Tek Nails is a project manufacturing hygienic nail nippers, currently distributed exclusively by Vina Groups, which also owns a 31,5% stake.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">On Shark Tank, Vina Groups\u2013Tek Nails sought funding for 2 projects at once. Vina Groups wanted USD 500 thousand for a 5% stake, while the clean nail-nipper project Tek Nails offered 10% ownership for another USD 500 thousand.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Mr. B\u1ea3o said Tek Nails plans to produce 9 million products per month, targeting the difference in U.S. nail-clipper usage habits: users must know how to care for clippers after 1 use.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u201cClean nippers will solve a major problem for nail technicians abroad, who must take great care to sanitize each pair before using it on the next customer. Simply forgetting can lead to a USD 500 fine for the technician and a USD 1,000 fine for the owner,\u201d Mr. B\u1ea3o said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">He also confided: The clipper industry is distinctive in having no dedicated machinery; molds must be made in-house, and making them requires expertise.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u2018Many people have approached me about working together, but they were not sincere partners. After a few months, once they saw how lucrative the pliers industry was, they tried to reduce my ownership stake. I have only five years left to devote to this, so I am looking for young people. My dream is to transfer all the secrets of the pliers industry to the younger generation within five years,\u2019 B\u1ea3o confided.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Faced with 2 simultaneous fundraising projects, Sharks Ph\u00fa, H\u01b0ng, and Linh all declined. Only Shark Tr\u1ea7n Anh V\u01b0\u01a1ng, CEO of Sam Holdings, wanted to invest in Tek Nails out of respect for this dedicated entrepreneur. V\u01b0\u01a1ng's condition was a controlling 51% stake.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Mr. B\u1ea3o proposed USD 1 million in exchange for 51% equity.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u2018Based on Vina Groups\u2019 investment of VND 2.5 billion in exchange for a 31.5% stake in Tek Nails, including cash and technology, I propose purchasing a 49% stake for VND 4.5 billion,\u2019 Shark V\u01b0\u01a1ng offered.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Although he had declined, Shark H\u01b0ng still intervened in this offer, warning Shark V\u01b0\u01a1ng that he had violated the rules.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><b>Shark Tank's rules ensure startups receive the amount they need for their business. In other words, Sharks cannot offer less than the amount requested.<\/b><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Meanwhile, Tek Nails' initial fundraising proposal of 500,000 USD was equivalent to more than 11 billion \u0111\u1ed3ng.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Thus, the Deal Closed Almost as Soon as It Opened.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Collected.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/article\/\">&gt;&gt; Great Articles on Entrepreneurship<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/x-startup\/\">&gt;&gt; Business Startup Course<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/kich-hoat-nang-luong-thanh-cong\/\">&gt;&gt; Success Energy Activation Course<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/ceo-coach-chuong-trinh-tu-van-kinh-doanh\/\">&gt;&gt; Business Consulting Program<\/a><\/span><\/p>\n<\/div>\n<p data-seo=\"yup-program-link-20261001\"><strong>Ch\u01b0\u01a1ng tr\u00ecnh li\u00ean quan t\u1ea1i YUP Education:<\/strong> <a href=\"https:\/\/yup.edu.vn\/en\/x3\/\">X-FundUp \u2013 kh\u00f3a h\u1ecdc g\u1ecdi v\u1ed1n \u00abGi\u1ea3i M\u00e3 C\u01a1 Ch\u1ebf V\u1ed1n\u00bb<\/a> \u00b7 <a href=\"https:\/\/yup.edu.vn\/en\/journey\/\">The Journey \u2013 l\u1ed9 tr\u00ecnh ph\u00e1t tri\u1ec3n doanh nh\u00e2n<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>&#8220;Nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00f3 l\u00e0 ng\u01b0\u1eddi Hoa n\u00f3i ti\u1ebfng Anh, t\u00f4i kh\u00f4ng bi\u1ebft ti\u1ebfng n\u00ean nh\u1edd b\u00e0 x\u00e3 t\u00f4i l\u00e0m vi\u1ec7c. \u0110\u00e2u ng\u1edd hai ng\u01b0\u1eddi \u0111\u00f3 ph\u00e1t sinh t\u00ecnh c\u1ea3m. \u00d4ng \u0111\u1ea7u t\u01b0 mu\u1ed1n chi\u1ebfm \u0111o\u1ea1t lu\u00f4n c\u00f4ng ty, n\u00ean t\u00f4i ph\u1ea3i ra \u0111i\u2026 L\u00fac \u0111\u00f3 danh d\u1ef1 t\u00f4i l\u1edbn l\u1eafm, t\u00f4i ch\u1ec9 ngh\u0129 \u0111\u1ebfn [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[],"class_list":["post-11260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/11260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=11260"}],"version-history":[{"count":3,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/11260\/revisions"}],"predecessor-version":[{"id":18364,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/11260\/revisions\/18364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media\/11261"}],"wp:attachment":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=11260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=11260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=11260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}