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Lu Zhang

๐Ÿ‘ค Speaker
140 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So they really appreciate my insights on the industry and also feel the passion to work with me.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So I have to say I have a relatively easy start.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

for like fund my first fund.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So I got the initial capital from Capital LP and start to do investment.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

And along the way, more and more investor came to me saying that I like your portfolio.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

I like your strategy.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So how we could better work together.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So I'm like, okay, I could launch fund two.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So that's the fund two last year.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So far we have more than $100 million in the management for early stage technology investment.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

Actually, it was 17.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

17.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

The minimum check size, you mean for LP or for our investments?

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

Okay.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

So for LP, minimum check size is $1 to $2 million.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

And also I put some of my own money into the fund for sure.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

Not really.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

Actually, I break down the sector into four different categories.

SaaS Interviews with CEOs, Startups, Founders
1472 How She Raised Her Own $90m Fund at 29 Years Old

The first is industry IoT.