Touchstone /ˈtəCHˌstōn/

- a piece of fine-grained dark schist or jasper formerly used for testing alloys of gold by observing the color of the mark which they made on it. - a standard or criterion by which something is judged or recognized.

The last 5 years have seen a tremendous amount of growth in the Vietnam startup ecosystem, with a total of US$2.2 Billion invested. This momentum of growth carries Vietnam into the 3rd decade of the 21st Century. The last 5 years have also seen not just an increase in funds coming to Vietnam, but also local funds being set up. However, it's no longer viable to be just a fund with money. The days of 'growing at all costs' is gone, replaced by meaningful and sustainable growth. Investors are now expected to be responsible in how they invest, and such responsibilities include certain best practices in areas of environment, social, and corporate governance.

When the startup succeeds, what difference will it make to Vietnam?

The impact on the economy and Vietnam is so much more significant when you think about investment money going to founders who think about issues such as affordable healthcare, education, bridging economic inequality, cutting inefficiency in our systems, building solutions to climate change and uplifting the standards of living for the community. As the ecosystem grows, we need to think about the kinds of contributions we provide to succeeding generation of founders and entrepreneurs. Touchstone Partners envisions a community where local and foreign future technologists and business leaders convene in Vietnam and creating positive impact. We look for and invest into mission-driven founders with deep expertise in their industry and possess a constant, resilient and thoughtful drive to give back to Vietnam. At the end of the day, we ask, "When the startup succeeds, what difference will it make to Vietnam?". As proud parents and siblings, we want to leave Vietnam a better place for our children and future generations. With a combination of know-hows and know-whos, we can do that. This is why Touchstone Partners exists; to set the next level of standards in venture investing in Vietnam.

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