GGV Capital

United States - Menlo Park, CA

• 06/12/2022
• Unknown
• $10,000,000

GGV Capital is a global venture capital firm focused on multi-stage, sector-focused investments. Recognizing that the talent to build great companies can come from anywhere, the firm invests in founders building category-leading companies around the world. Founded in 2000 with roots in Singapore and Silicon Valley, GGV has expanded with additional offices in San Francisco, Shanghai, and Beijing. The firm manages $9.2 billion in investments across the United States, Canada, China, Southeast Asia, India, Latin America, and Israel. Over the past two decades, the firm has backed more than 400 companies, including Affirm, Airbnb, Alibaba, BigCommerce, Boss Zhipin, Grab, HashiCorp, Hello, JD MRO, Keep, Kujiale, Manbang, NIU, Opendoor Technologies, Peloton, Poshmark, Qunar/Ctrip, Slack, Square, StockX, Udaan, Wish, XPeng, Zendesk, Zuoyebang, and more. More information can be found at www.ggvc.com and @ggvcapital.

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Glenn SolomonInvestor

United States - Menlo Park, California

I have been a VC for 20+ years, the last fourteen with GGV Capital. I love working with growing companies, and I’m at my best when serving as a trusted advisor to entrepreneurs and management teams who are endeavoring to build great companies. Earlier in my career, during my time at Goldman Sachs, I learned how important it is to deliver on clients’ needs; I have tried to bring this commitment to my portfolio companies ever since.

At GGV, my partners and I invest in companies with the potential to lead their markets. I spend lots of time in Markets outside the Bay Area, including NY, Boston, Austin, Israel, Asia and elsewhere. This “local plus global” perspective is something I actively cultivate because I think it helps my portfolio companies.

As a member of three-time NCAA National Championship tennis teams while at Stanford, I learned about the importance of teamwork. The lessons carry over today in my work with GGV, which truly is a partnership of intelligent, talented and pracitical people able to put their egos aside to join in a commitment to fostering the entrepreneur's success.

Specialties: Venture capital, Technology, Successful exits, Software, Software-as-a-service (Saas), Enterprise infrastructure, Security

LinkedIn https://www.linkedin.com/in/glennsolomon/

Hans TungInvestor

United States - San Francisco Bay Area

Podcast: nextbn.ggvc.com; GGV Capital blog: https://www.ggvc.com/insights

Oct 2013 - Now
Managing Partner at GGV Capital
Forbes Midas Lister 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022
Portfolio spans six cities across the US as well as three continents:

US/West Coast:
Affirm, Airbnb, Coinbase, GrubMarket, Ibotta, Lime, Misfit (acquired by Fossil), Musical.ly (acquired by Bytedance), Offerup, Poshmark, Shelf Engine, The Mighty, Wish

US/New York:
Bowery Farming, Bustle, Domio, Function of Beauty, Glow Concept, Gro Intelligence, Lively (acquired by Wacoal), Odeko, Peloton (Nasdaq: PTON), and StockX in Detroit

China:
Bytedance, Smartmi, Xiaohongshu, Xiaomi

India:
Khatabook, Udaan, Vedantu, Rupeek

Latin America:
Frubana, Loggi

Early investor in Xiaomi Technology, eHi (NYSE EHIC), Dianping in China; Snapdeal in India
GGV: $6.2Bn AUM and 34 IPOs since 2010

Fall 2007 - Aug 2013
Managing Partner at Qiming Venture Partners (Beijing)
Qiming: $200mil Fund 1, $320mil Fund 2; $450mil Fund 3: China-focused VC Fund;
US affiliate: Seattle-based Ignition Partners

2005 - Fall 2007
VP/Associate at Bessemer Venture Partners
started in Menlo Park, and based in Shanghai
BVP: oldest VC practice in the US

2002 - 2004
MIT Sloan, Venture Consulting

1999 - 2001
2 Start-Ups: Hello Asia (co-founder, VP, and MD of Southeast Asia, based in Singapore); Asia2B (EVP of Corporate Development and Marketing - split between HK & Beijing)

1996 - 1999
Associate at Crimson Asia Capital, a $435mil Pan-Asia PE fund
(based Taipei, Taiwan and Singapore)

1993 - 1996
Financial Analyst at Merrill Lynch (M&A - New York; Corporate Finance - HK)

1989 - 1993
Stanford University

Born in Taipei, Taiwan; Parents from Zhejiang & Shandong, China
Moved to Torrance / PV in CA at age 13

Specialties: early stage investing; sector interest: consumer services, e.g. click-and-mortar ecommerce, online games, baby/children products/services, restaurant chains, car rental; and IT-enabled services, e.g. fintech, infotech, cross-border trade enablement

LinkedIn https://www.linkedin.com/in/hans-tung/