YZ Yuanzhe Fu + YY Yuyan Wang, founders of YUVC are excited to have Alex Jiang 蒋亚萌, Founding Partner at Antler Dragon Fund on the YUVC Podcast.
Alex is a lead early investor in 3 unicorns and 2 IPOs:
Zhihu知乎 (NYSE ZH)
每日互动 (China IPO)
Mininglamp Technology 明略科技 (AI unicorn)
Advance Intelligence Group 领创集团 (Fintech unicorn in SEA)
Source 所思科技 (leading VR/metaverse company), etc.
Alex was voted two times Forbes China Top100 Investors by Forbes and 2019 China Top50 VC Investors. Previously:
Founding Partner, Alpha Startup Fund
Co-Managing Partner, Sinnovation Ventures (leading early stage VC with a AUM of $3B across 10 funds)
Partner, WI Harper Group (San Francisco, Beijing and Taipei based cross-boarder fund)
Highlights:
YY: Are entry-level roles such as associates necessary at VC Firms?
Alex: Not really if the stage is quite early. But Matrix Partners China had a different approach.
YY: Any thoughts on follow-on investments & signaling?
Alex: You have to respect the rules of making money in VC. You have to double down on the winners.
YZ: How can YUVC thrive to be the next 20VC?
Alex: I see Chinese founders have a great deal of storytelling to do when they go global. If you could bridge this gap and provide such value, you could naturally enter their cap tables.
Chapters:
00:00 Big Corp → VC
04:11 Make a Partner at Sinovation Ventures
06:29 Hiring at Early-stage VC Firms
09:49 First Check: Confident yet Cautious
12:18 VC’s value add?
15:03 Macro, Macro, Macro
17:08 Antler Dragon Fund: Chinese Strength, Global Market
21:14 Tips for Founders Going Global
24:54 Content Creators as VC-Wannabes
