Halfway through my internship

At this point, I have completed six weeks of my internship with IDG Ventures Vietnam. This has been a long journey, and I feel grateful for this opportunity. I am privileged to work for one of the top venture capital companies in Vietnam and have learned so much from this internship. People at work are very friendly and understanding: they made me feel comfortable and offered me helpful advice on the job. My research about how better to incorporate social networking into our business model is nearly complete. I have developed a comprehensive understanding of social network sites in the world, their business drivers, revenue models, cost structure, and organizational framework. My business writing skill has improved a lot, and I have nearly mastered XLSTAT-PRO and STATA for data researching purposes. My supervisor frequently checks in on me and provides critical feedback on my work so that I learn as much as I can from my job. He was pleased with my progress and confident that I would finish this research before the end of my internship period.

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IDG building located in the centre of Hanoi capital

Last week I had a chance to join on a CEO meeting with Vat Gia, a small IDG portfolio company that has been growing tremendously over the last few years. Although it was just founded two years ago, Vat Gia has emerged as one of the leading online marketplaces in Vietnam. Its mission is to follow eBay’s model, with much attention and resources on providing pleasing purchasing environment platforms  for buyers and sellers. During the meeting, my manager requested updates from the company’s CEO, assessed the working condition and reviewed the annual goals. As the administrative assistant, I took notes and wrote a memo of the meeting afterward. Based on my notes and analysis, the CEO will have more ideas about future contact and potential next steps with this portfolio company. I really enjoyed the trip because I was exposed to a real business situation and learn about professional etiquette and communication techniques. I also told the start-up CEO about my research and he was very excited and willing to help me improve the research. After the trip, I grew a few good contacts in the technology industry.

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Vat Gia web interface, similar to eBay

Besides working on the research and joining business meetings, my daily tasks also consist of assisting IDG analysts and associates with handling phone calls, scheduling meetings, and organizing electronic files. You might say these seem like boring tasks that no intern likes to do during any internship; however, by doing this, I have greatly enhanced my communication skills in the office. Although I have heard about this a lot, knowing how to communicate with other employees and managers is highly critical in today’s work environment. When I come back to Brandeis in the Fall, I will fully utilize these skills to network with alumni and reach out to potential employers during full-time job recruiting season. Besides, familiarizing with work environment also allows me to quickly adjust to a new workplace and deal with pressure in the work environment.

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I look forward to finishing up my internship and please let me know which part of my internship you want to know more about! I hope you all are having a great summer before returning to campus in the Fall!

One thought on “Halfway through my internship”

  1. Hi Nam,

    Your internship sounds awesome. For a while, I was looking to intern with a venture capital firm as well, but then decided to try a startup tech company. I was wondering about your research about how to incorporate social media in your business model; what are some of your findings? Also, does your business model include the companies your firm invests in? Does your firm offer them advice about social media strategies?

    Best,

    Paul

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