YZ Yuanzhe Fu + YY Yuyan Wang, founders of YUVC are joined by Sue Xu, Managing Partner at Amino Capital on the YUVC Podcast.

Dr. Sue Xu joined the firm in 2012, with investment theme of data moat, network effect and domain agnostic. She has successful investments from inception to unicorn in Generative AI, Consumer, SaaS and Frontier tech.

Highlights:

YY: Your most hesitant investment so far?
Sue: Most early-stage deals are controversial. No one is a winner for sure.
YY: Advice for Younger Self?
Sue: Find your position in the society. Then you can ignite endless inspiration.

Chapters:

04:34 Gift Moments
15:29 Rationality in VC
20:21 Silicon Valley Angle
24:36 Founder Portrait
28:13 Women in Tech
31:46 Partners at Amino Capital

Links:

• Substack
• YouTube
• LinkedIn
• Apple Podcasts
• Spotify
• X
• 小红书
• Bilibili
• 36Kr

Talk to YUVC： https://open.firstory.me/user/clu0vzxex0qat01vncefi0w1s/comments

YZ Yuanzhe Fu + YY Yuyan Wang, founders of YUVC are thrilled to have Andreas Munk Holm of eu.vc, since we've shared so many common traits and stories.

Andreas, together with David Cruz e Silva, shaped eu.vc to be Europe's headline VC community, where 2 VCs are invited on the show every week. After chatting with 1,000+ VCs, they are also angel LPs of 10+ VC funds.

Highlights:

Do you agree with ‘there are two types of people who want to enter the VC industry, either very smart and capable, or super naive’?

• Yes and no. Let me tell you about how I think about venture (from the perspective of people raising funds, because that’s what I care about as an LP)
• Story about my own journey in venture + realizing how much of a networked industry it is and there being “the in-crowd” and those outside of it. And how this impacts the industry as a whole.
• Conclusion: There’s clearly an A and B team in venture. So I guess that statement goes even for people IN venture. Just look at the performance dispersion in venture. Even at the fund level, there’s a power law.

What are some commonalities of promising European emerging VC funds?

• More solo-GPs, some very strong
• More specialized firms, obv in deep tech, climate, and some in diversity
• Starting to see more later stage firms, which is great for Europe.
• Eastern Europe is incredibly interesting, great tech talent, starting to have breakout companies that feed great angels and founders back into the ecosystem, Romania being the posterboy for this with UI Path.

Where do you see eu.vc in five years?

• We do everything with an eye to becoming the most well-respected VC centric platform for European venture. Be that in the form of podcasts, educational courses, dinners, survival trips or fund investments.

Chapters:

• 00:45 On 2 types of VCs: either extremely smart & capable, or naive?
• 07:15 On the game of VC
• 08:15 Andreas' path to VC
• 15:08 Why VC and LP only?
• 21:48 Flywheel effect of running EUVC
• 27:57 EUVC in 5 years
• 35:55 The right GP and the European trends

Links:

• Substack
• YouTube
• LinkedIn
• Apple Podcasts
• Spotify
• X
• 小红书
• Bilibili
• 36Kr

Talk to YUVC： https://open.firstory.me/user/clu0vzxex0qat01vncefi0w1s/comments

YZ Yuanzhe Fu + YY Yuyan Wang, founders of YUVC are joined by Dr. Han Shen, Founding Partner at iFly.vc on the YUVC Podcast.

YUVC had a brunch chat in Shanghai with Dr. Han Shen, founding partner of iFly.vc, a US-based early-stage consumer VC fund.

Dr. Shen is an early investor of Oculus, Weee!, and beyond.

A PhD in Chemistry from @UChicago and an MBA from @wharton , Dr. Shen broke into venture the hard way - visiting 100+ VCs at the Sand Hill Road, working for the series-C lead investor of @tesla (Vantage Point), joining Formation 8 and investing in Oculus (acquired by Facebook for $2b), and building his own fund iFly.vc and investing in @Weee_official the largest Asian fresh food e-commerce company in the U.S.

Highlights:

YZ: What’s the hardest part of building a venture capital fund?
Han: Consistently investing in the next big things.

YY: Your team setup and organizational culture?
Han: I’m a solo GP. I have operations team and associates. I remind them slow is fast, especially in one’s early years of VC.

YZ: Why was Weee!, your portfolio company and now the #1 Asian delivery app in the US, rejected by everyone?
Han: Some simply said TAM wasn’t big. But it wasn’t true. Minorities, including Asian, Hispanic, spend $360b on groceries. This market is under-served.

Chapters:

02:05 Entering VC in 2009
13:53 Investment Thesis of iFly.vc
34:57 the Next Big Thing

Links:

• Substack
• YouTube
• LinkedIn
• Apple Podcasts
• Spotify
• X
• 小红书
• Bilibili
• 36Kr

Talk to YUVC： https://open.firstory.me/user/clu0vzxex0qat01vncefi0w1s/comments