{"id":11786,"date":"2026-05-02T18:53:44","date_gmt":"2026-05-02T11:53:44","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/02\/musely-huy-dong-von-phi-pha-loang-360-trieu-usd-tu-general-catalyst\/"},"modified":"2026-05-02T18:53:44","modified_gmt":"2026-05-02T11:53:44","slug":"musely-huy-dong-von-phi-pha-loang-360-trieu-usd-tu-general-catalyst","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/02\/musely-huy-dong-von-phi-pha-loang-360-trieu-usd-tu-general-catalyst\/","title":{"rendered":"Musely huy \u0111\u1ed9ng v\u1ed1n phi pha lo\u00e3ng 360 tri\u1ec7u USD t\u1eeb General Catalyst"},"content":{"rendered":"
\n

Musely, n\u1ec1n t\u1ea3ng y t\u1ebf t\u1eeb xa (telemedicine) trong ph\u00e2n kh\u00fac ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe tr\u1ef1c ti\u1ebfp \u0111\u1ebfn ng\u01b0\u1eddi ti\u00eau d\u00f9ng (DTC), v\u1eeba ghi d\u1ea5u \u1ea5n trong gi\u1edbi t\u00e0i ch\u00ednh c\u00f4ng ngh\u1ec7 khi th\u00e0nh c\u00f4ng huy \u0111\u1ed9ng 360 tri\u1ec7u USD t\u1eeb Customer Value Fund (CVF) thu\u1ed9c General Catalyst. \u0110\u00e1ng ch\u00fa \u00fd, th\u01b0\u01a1ng v\u1ee5 n\u00e0y kh\u00f4ng \u0111i theo l\u1ed1i m\u00f2n ph\u00e1t h\u00e0nh th\u00eam c\u1ed5 ph\u1ea7n, gi\u00fap nh\u00e0 s\u00e1ng l\u1eadp Jack Jia gi\u1eef v\u1eefng quy\u1ec1n ki\u1ec3m so\u00e1t tuy\u1ec7t \u0111\u1ed1i doanh nghi\u1ec7p m\u00e0 kh\u00f4ng ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi \u00e1p l\u1ef1c pha lo\u00e3ng s\u1edf h\u1eefu. Trong b\u1ed1i c\u1ea3nh c\u00e1c ch\u1ec9 s\u1ed1 th\u1ecb tr\u01b0\u1eddng nh\u01b0 Nasdaq v\u00e0 S&P 500 li\u00ean t\u1ee5c bi\u1ebfn \u0111\u1ed9ng tr\u01b0\u1edbc \u00e1p l\u1ef1c l\u00e3i su\u1ea5t, vi\u1ec7c m\u1ed9t doanh nghi\u1ec7p v\u1eadn h\u00e0nh \u1ed5n \u0111\u1ecbnh v\u00e0 c\u00f3 d\u00f2ng ti\u1ec1n d\u01b0\u01a1ng nh\u01b0 Musely ch\u1ecdn con \u0111\u01b0\u1eddng t\u00e0i ch\u00ednh thay th\u1ebf thay v\u00ec IPO hay g\u1ecdi v\u1ed1n m\u1ea1o hi\u1ec3m truy\u1ec1n th\u1ed1ng \u0111ang tr\u1edf th\u00e0nh m\u1ed9t ch\u1ee7 \u0111\u1ec1 thu h\u00fat s\u1ef1 quan t\u00e2m l\u1edbn.<\/p>\n

\n \"Musely
\u1ea2nh t\u1eeb ngu\u1ed3n: techcrunch.com<\/em><\/figcaption><\/figure>\n

C\u01a1 ch\u1ebf t\u00e0i ch\u00ednh thay th\u1ebf v\u00e0 l\u1eddi gi\u1ea3i cho b\u00e0i to\u00e1n t\u0103ng tr\u01b0\u1edfng<\/h2>\n

Th\u1ef1c t\u1ebf cho th\u1ea5y m\u1ed9t ngh\u1ecbch l\u00fd l\u00e0 nhi\u1ec1u doanh nghi\u1ec7p d\u00f9 t\u0103ng tr\u01b0\u1edfng doanh thu 50% m\u1ed7i n\u0103m v\u1eabn c\u00f3 th\u1ec3 c\u1ea1n ki\u1ec7t ngu\u1ed3n l\u1ef1c do chi ph\u00ed chi\u1ebfm l\u0129nh th\u1ecb tr\u01b0\u1eddng qu\u00e1 l\u1edbn. \u0110\u1ed1i v\u1edbi c\u00e1c th\u01b0\u01a1ng hi\u1ec7u DTC, v\u00f2ng xo\u00e1y \u0111\u1ed1t ti\u1ec1n \u0111\u1ec3 \u0111\u1ed5i l\u1ea5y kh\u00e1ch h\u00e0ng th\u01b0\u1eddng khi\u1ebfn c\u00e1c nh\u00e0 s\u00e1ng l\u1eadp ph\u1ea3i \u0111\u00e1nh \u0111\u1ed5i b\u1eb1ng c\u1ed5 ph\u1ea7n cho c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 m\u1ea1o hi\u1ec3m. Tuy nhi\u00ean, m\u00f4 h\u00ecnh m\u00e0 Musely \u00e1p d\u1ee5ng v\u1edbi CVF l\u1ea1i mang m\u1ed9t s\u1eafc th\u00e1i ho\u00e0n to\u00e0n kh\u00e1c. Thay v\u00ec nh\u1eadn kho\u1ea3n vay c\u00f3 l\u00e3i su\u1ea5t th\u00f4ng th\u01b0\u1eddng hay b\u00e1n \u0111i m\u1ed9t ph\u1ea7n “DNA” c\u1ee7a c\u00f4ng ty, Musely tham gia v\u00e0o m\u1ed9t th\u1ecfa thu\u1eadn chia s\u1ebb doanh thu (revenue-share agreement).<\/p>\n

C\u01a1 ch\u1ebf n\u00e0y ho\u1ea1t \u0111\u1ed9ng d\u1ef1a tr\u00ean d\u00f2ng ti\u1ec1n d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c, n\u01a1i doanh nghi\u1ec7p ho\u00e0n tr\u1ea3 v\u1ed1n c\u00f9ng m\u1ed9t t\u1ef7 l\u1ec7 c\u1ed1 \u0111\u1ecbnh tr\u00ean doanh thu t\u1ea1o ra t\u1eeb ngu\u1ed3n qu\u1ef9 \u0111\u00f3. \u0110\u1ed1i v\u1edbi Jack Jia, ng\u01b0\u1eddi \u0111\u00e3 ki\u00ean \u0111\u1ecbnh t\u1eeb ch\u1ed1i c\u00e1c v\u00f2ng g\u1ecdi v\u1ed1n c\u1ed5 ph\u1ea7n trong nhi\u1ec1u n\u0103m k\u1ec3 t\u1eeb sau \u0111\u1ee3t huy \u0111\u1ed9ng 20 tri\u1ec7u USD n\u0103m 2014, \u0111\u00e2y l\u00e0 m\u1ed9t l\u1ef1a ch\u1ecdn to\u00e1n h\u1ecdc \u0111\u1ea7y thuy\u1ebft ph\u1ee5c. N\u00f3 kh\u00f4ng ch\u1ec9 cung c\u1ea5p “kho v\u0169 kh\u00ed” t\u00e0i ch\u00ednh \u0111\u1ec3 duy tr\u00ec c\u00e1c chi\u1ebfn d\u1ecbch ti\u1ebfp th\u1ecb, b\u00e1n h\u00e0ng m\u00e0 c\u00f2n \u0111\u1ea3m b\u1ea3o s\u1ef1 \u0111\u1ed9c l\u1eadp chi\u1ebfn l\u01b0\u1ee3c, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 c\u00e1ch m\u00e0 c\u00e1c \u0111\u01a1n v\u1ecb c\u00f4ng ngh\u1ec7 \u0111ang n\u1ed7 l\u1ef1c gi\u1eef v\u1eefng v\u1ecb th\u1ebf trong l\u00e0n s\u00f3ng th\u00e2u t\u00f3m AI hi\u1ec7n nay, nh\u01b0 nh\u1eefng g\u00ec \u0111\u00e3 \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch trong b\u00e0i vi\u1ebft v\u1ec1 Replit v\u00e0 kh\u00e1t v\u1ecdng gi\u1eef v\u1eefng \u0111\u1ed9c l\u1eadp gi\u1eefa l\u00e0n s\u00f3ng th\u00e2u t\u00f3m AI<\/a>.<\/p>\n

B\u1ea3n ch\u1ea5t c\u1ee7a s\u1ef1 hi\u1ec7u qu\u1ea3 trong v\u1eadn h\u00e0nh v\u1ed1n<\/h2>\n

Musely hi\u1ec7n \u0111\u00e3 ph\u1ee5c v\u1ee5 h\u01a1n 1,2 tri\u1ec7u b\u1ec7nh nh\u00e2n th\u00f4ng qua c\u00e1c t\u01b0 v\u1ea5n kh\u00f4ng \u0111\u1ed3ng b\u1ed9 v\u1edbi c\u00e1c b\u00e1c s\u0129 da li\u1ec5u v\u00e0 chuy\u00ean gia s\u1ea3n ph\u1ee5 khoa c\u00f3 ch\u1ee9ng ch\u1ec9. Nh\u00ecn s\u00e2u v\u00e0o b\u1ea3n ch\u1ea5t, s\u1ef1 th\u00e0nh c\u00f4ng c\u1ee7a Musely kh\u00f4ng ch\u1ec9 n\u1eb1m \u1edf s\u1ea3n ph\u1ea9m ch\u0103m s\u00f3c da, t\u00f3c hay m\u00e3n kinh, m\u00e0 n\u1eb1m \u1edf t\u00ednh hi\u1ec7u qu\u1ea3 trong qu\u1ea3n tr\u1ecb v\u1ed1n. Vi\u1ec7c c\u00f4ng ty kh\u00f4ng huy \u0111\u1ed9ng th\u00eam b\u1ea5t k\u1ef3 m\u1ed9t USD v\u1ed1n c\u1ed5 ph\u1ea7n n\u00e0o k\u1ec3 t\u1eeb n\u0103m 2014 l\u00e0 m\u1ed9t minh ch\u1ee9ng cho th\u1ea5y s\u1ef1 b\u1ec1n b\u1ec9 c\u1ee7a m\u00f4 h\u00ecnh kinh doanh c\u00f3 d\u00f2ng ti\u1ec1n d\u01b0\u01a1ng. Trong m\u00f4i tr\u01b0\u1eddng kinh t\u1ebf \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng hi\u1ec7n nay, n\u01a1i m\u00e0 ngay c\u1ea3 nh\u1eefng g\u00e3 kh\u1ed5ng l\u1ed3 nh\u01b0 Apple c\u0169ng ph\u1ea3i \u0111au \u0111\u1ea7u v\u1edbi b\u00e0i to\u00e1n cung \u1ee9ng trong k\u1ef7 nguy\u00ean c\u00f4ng ngh\u1ec7 2026 \u0111\u1ec3 duy tr\u00ec doanh thu, th\u00ec s\u1ef1 t\u1ef1 ch\u1ee7 t\u00e0i ch\u00ednh c\u1ee7a Musely n\u1ed5i l\u00ean nh\u01b0 m\u1ed9t \u0111i\u1ec3m s\u00e1ng.<\/p>\n

Musely trong h\u1ec7 sinh th\u00e1i c\u1ee7a Customer Value Fund<\/h2>\n

Vi\u1ec7c Musely gia nh\u1eadp danh m\u1ee5c c\u1ee7a CVF \u0111\u1eb7t h\u1ecd v\u00e0o h\u00e0ng ng\u0169 c\u00f9ng v\u1edbi nh\u1eefng t\u00ean tu\u1ed5i nh\u01b0 Grammarly, Lemonade v\u00e0 Ro. \u0110\u00e1ng ch\u00fa \u00fd, ngu\u1ed3n v\u1ed1n n\u00e0y ho\u00e0n to\u00e0n t\u00e1ch bi\u1ec7t v\u1edbi qu\u1ef9 8 t\u1ef7 USD cu\u1ed1i c\u00f9ng c\u1ee7a General Catalyst, cho th\u1ea5y s\u1ef1 \u01b0u ti\u00ean c\u1ee7a qu\u1ef9 n\u00e0y \u0111\u1ed1i v\u1edbi c\u00e1c c\u1ea5u tr\u00fac t\u00e0i ch\u00ednh linh ho\u1ea1t. \u0110\u1ed1i v\u1edbi c\u00e1c startup \u0111ang t\u0103ng tr\u01b0\u1edfng nhanh, vi\u1ec7c c\u00e2n b\u1eb1ng gi\u1eefa kh\u00e1t v\u1ecdng m\u1edf r\u1ed9ng quy m\u00f4 v\u00e0 n\u1ed7i lo b\u1ecb th\u00e2u t\u00f3m lu\u00f4n l\u00e0 m\u1ed9t th\u00e1ch th\u1ee9c l\u1edbn. Nh\u1eefng bi\u1ebfn chuy\u1ec3n n\u00e0y c\u0169ng g\u1ee3i nh\u1eafc \u0111\u1ebfn s\u1ef1 ph\u1ee9c t\u1ea1p trong c\u1ea5u tr\u00fac qu\u1ea3n tr\u1ecb t\u1ea1i c\u00e1c \u0111\u1ebf ch\u1ebf l\u1edbn, n\u01a1i m\u00e0 m\u1ed7i m\u1eaft x\u00edch quy\u1ec1n l\u1ef1c \u0111\u1ec1u c\u00f3 vai tr\u00f2 ri\u00eang bi\u1ec7t, v\u00ed d\u1ee5 nh\u01b0 tr\u01b0\u1eddng h\u1ee3p v\u1ec1 Shivon Zilis v\u00e0 vai tr\u00f2 m\u1eaft x\u00edch quy\u1ec1n l\u1ef1c trong \u0111\u1ebf ch\u1ebf OpenAI<\/a>. Musely, th\u00f4ng qua n\u01b0\u1edbc \u0111i chi\u1ebfn l\u01b0\u1ee3c n\u00e0y, \u0111\u00e3 kh\u1eb3ng \u0111\u1ecbnh r\u1eb1ng h\u1ecd c\u00f3 th\u1ec3 t\u0103ng tr\u01b0\u1edfng b\u00f9ng n\u1ed5 m\u00e0 kh\u00f4ng c\u1ea7n ph\u1ea3i r\u1eddi b\u1ecf t\u1ea7m nh\u00ecn ban \u0111\u1ea7u d\u01b0\u1edbi \u00e1p l\u1ef1c t\u1eeb c\u00e1c c\u1ed5 \u0111\u00f4ng b\u00ean ngo\u00e0i.<\/p>\n

B\u00e0i vi\u1ebft \u0111\u00e3 \u0111\u01b0\u1ee3c bi\u00ean t\u1eadp l\u1ea1i t\u1eeb ngu\u1ed3n: techcrunch.com<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Musely, n\u1ec1n t\u1ea3ng y t\u1ebf t\u1eeb xa (telemedicine) trong ph\u00e2n kh\u00fac ch\u0103m s\u00f3c s\u1ee9c kh\u1ecfe tr\u1ef1c ti\u1ebfp \u0111\u1ebfn ng\u01b0\u1eddi ti\u00eau d\u00f9ng (DTC), v\u1eeba ghi d\u1ea5u \u1ea5n trong gi\u1edbi t\u00e0i ch\u00ednh c\u00f4ng ngh\u1ec7 khi th\u00e0nh c\u00f4ng huy \u0111\u1ed9ng 360 tri\u1ec7u USD t\u1eeb Customer Value Fund (CVF) thu\u1ed9c General Catalyst. \u0110\u00e1ng ch\u00fa \u00fd, th\u01b0\u01a1ng v\u1ee5 n\u00e0y kh\u00f4ng […]<\/p>\n","protected":false},"author":1,"featured_media":11785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[39],"tags":[],"class_list":["post-11786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chung-khoang-my-va-pho-wall"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/11786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/comments?post=11786"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/11786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/11785"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=11786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=11786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=11786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}