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Donna NguyenPhuoc
Managing Partner at Sparq Capital - Investor QFit
Donna NguyenPhuoc is the CEO and investor of QFit, a smart fitness rental platform based in Hong Kong. She is an experienced entrepreneur and investor with a diverse background in technology and business development.13
Professional Experience
Donna NguyenPhuoc holds several key positions:
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CEO and Investor at QFit: She launched QFit in 2021, a platform that allows customers to rent smart gym equipment and fitness devices with built-in technology.13
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Managing Partner at SPARQ Capital: Since January 2015, she has been leading this single family office investment vehicle that provides venture capital to growth-stage technology companies.3
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Investor and Head of Network Acquisition for Europe & Asia at Asteri Networks: She has held this position since 2017.3
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Investor and Managing Director for Asia Pacific at Paper Planet: This role also began in 2017.3
QFit and Hong Kong
NguyenPhuoc chose Hong Kong as the base for QFit due to its business-friendly environment. She described Hong Kong as "an easy, safe and international city to establish and run a business" with efficient processes, low-tax regimes, and tech-savvy consumers.12
Under her leadership, QFit has experienced rapid growth, with user numbers increasing by over 500% per month.1 The company aims to expand to other Asian markets, including Singapore, Thailand, and Malaysia.2
Business Philosophy
NguyenPhuoc's approach to business is captured in her LinkedIn profile, where she states: "Success is like pregnancy, everyone says congratulations but nobody knows how many times you've been f**cked".3 This quote suggests a realistic and perhaps humorous perspective on the challenges of entrepreneurship.
