Edith Yeung is a prominent figure in the world of venture capital, particularly known for her expertise in the blockchain space and her focus on China-US cross-border investments. She currently heads 500 Startups Greater China and leads their blockchain accelerator program.
500 Startups' overarching mission is to identify and support the world's most promising entrepreneurs, assisting them in building successful and scalable businesses. Edith's focus within this mission is on fostering cross-border investments between China and the United States.
Edith highlights her excitement for the blockchain industry, particularly the ambition and drive of Chinese blockchain founders. She sees a unique opportunity for Chinese companies to build global brands in this space from day one.
Edith's investment decisions are driven by a deep understanding of the "why" behind a founder's journey. She believes that a compelling reason for founding a company is essential.
For founders seeking investment, Edith advises them to approach investors with a well-defined strategy and a clear understanding of their company's position within the industry. She emphasizes the importance of strong communication skills and a genuine passion for their venture.
Edith offers valuable insights for CEOs, emphasizing three key priorities:
Edith admires Jack Ma, the founder of Alibaba, for his leadership qualities. She identifies three essential traits of great leaders:
Edith believes that a focus on the future is crucial for long-term success. Past investments should not be the primary driving force; instead, the potential for future benefits should guide decisions. This forward-looking approach is essential for navigating the dynamic and ever-evolving world of venture capital.
Edith's first investment was in Fleksy, a smartphone keyboard company that was later acquired by Pinterest. This investment, made in 2011, highlights her early recognition of promising startups in the mobile technology space.
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