Connie Chan, a general partner at Andreessen Horowitz who is focused on consumer tech, recently shared the four trends she's watching in 2020 at the firm's annual summit. Investor Connie Chan has made such an impact on her colleagues at Andreessen Horowitz (a16z) since joining the firm in 2011 that today, they’re announcing Chan’s appointment to general partner. All rights reserved. She started her career as a private equity investor at Elevation Partners, investing in media and entertainment. Factset: FactSet Research Systems Inc.2018. "We did not promote general partners from within.". Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. So last year, Andreessen Horowitz got rid of the rule and made Chan a partner. That inspired her to start watching companies in that space. in Management Science and Engineering from Stanford University. Connie Chan, a general partner at Andreessen Horowitz, leads the firm's Asia network. She says she's currently looking for the "Western equivalent" of Pinduoduo. ⚖️ Serenity - To accept what you can't change https://t.co/lsHoexpBcF. -Shopping and entertainment will blur The firm is stage agnostic, investing in seed to late-stage technology companies, across the consumer, enterprise, bio/healthcare, crypto, and fintech spaces. in Economics and M.S. The cool confidence Chan has become known for, "I was always told I was very quiet and soft-spoken, and probably wasn't taken very seriously," Chan recalled. Since becoming a general partner in 2018, she has led the firm’s investments in online events platform Run the World and audio learning platform Knowable. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Connie received her B.A. Within a week of trying the platform, Chan was convinced the firm should invest. "I don't care if it's Marc Andreessen or Ben Horowitz, or anyone who is extremely famous or well-accomplished, who disagrees with me. Through the course of her work, everyone whom we ever connected with Connie — from Ben Keighran, founder/CEO of Caffeine, to Chance the Rapper — came back with the same feedback: “Connie is the best.” Yes, we know. She pushed for a deal, and Andreessen Horowitz wound up leading a $27 million funding round in Pinterest. She also serves on the board of KoBold. But Chan, it turns out, has another area of expertise as a go-between for the global rap community. Since the returns on her investments often take years to realize, "you have to make calls that look crazy," said Chan. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. He recalls interviewing her for a job eight years ago, saying that he "felt an immediate conflict with where she was going and the way we had constructed the firm. “The Reface workforce has taken their extremely subtle, machine studying expertise and remodeled it right into a shopper expertise that’s seamless to make use of and enjoyable to share with your mates,” Andreessen Horowitz basic associate Connie Chan mentioned in a ready assertion. Here's why, Microsoft President: There is a privacy crisis, Facebook COO calls for government regulation, Marc Benioff: It's time to break up Facebook, Google CEO reacts to growing calls to break up big tech (2019), Twitter co-founder calls Trump a 'master of the platform'. She has been named to LinkedIn NextWave Top Professional 35 and Under, Wired's Next 20 Tech Visionary, and Fast Company Most Creative People 2017. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The company has since reportedly raised as much as $1.5 billion from investors. Updated 1141 GMT (1941 HKT) March 19, 2019. "Honestly, it's like a grace-of-God moment," she told CNN Business. Enjoy dinner and drinks with Connie Chan, Partner and head of consumer venture at Andreessen Horowitz, one of the most respected VC firms in the world. View Connie Chan’s professional profile on Relationship Science, the database of decision makers. Her promise and ambition were clear early on, according to Horowitz. Andreessen Horowitz … In 2011, she was leading HP's efforts to launch a new operating system in China when a message popped up on LinkedIn: Someone liked her profile, and wanted to have coffee. She joined the firm in 2011 after working at HP in China. Connie Chan / Andreessen Horowitz: In a new era of video ushered in by TikTok, real-time interactivity is baked into viewing experiences, which may lead to shifts in education, shopping, and more Sister Sites: Reface strives to build the first social platform of dynamically personalized media content empowered with machine learning technologies. I'm very open to looking at new categories of investment," she said. But Chan… in Economics and M.S. Connie won a Sidney award for her writing on WeChat and is a Young Global Leader at the World Economic Forum. The move was seen by many as a crucial step away from the perceived "boys' club" culture on Sand Hill Road. Connie Chan, a general partner at Andreessen Horowitz, leads the firm's Asia network. Arador Tech NewsConnie Chan breaks the mold at Andreessen Horowitz, becoming the first general partner to be promoted from within Investor Connie Chan has made such an impact on her colleagues at Andreessen Horowitz (a16z) View Alastair (Alex) Rampell’s profile on LinkedIn, the world's largest professional community. She has been named to LinkedIn NextWave Top Professional 35 and Under, Wired's Next 20 Tech Visionary, and Fast Company Most Creative People 2017. Before joining Andreessen Horowitz, Connie worked at HP leading its webOS efforts in China. Table Stakes is a gathering of change makers and the brightest minds among investors, founders, operators and policymakers. Since becoming a general partner in 2018, she has led the firm’s investments … Connie won a Sidney award for her writing on WeChat and is a Young Global Leader at the World Economic Forum. Chan joined Andreessen Horowitz in 2011 and built a reputation for spotting trends in consumer tech. The event will center on a discussion of the 2020 Table Stakes report and the state of fair equity practices. ", "I had seen something in Connie that in the course of my career, I had almost never seen. Venture firm Andreessen Horowitz has promoted Connie Chan to general partner with a focus on consumer investments. I'm very willing to share my point of view. And that's the same thing I take when I go into investing. But you must learn to do so if you want to make the next DoorDash or Airbnb. See the complete profile on LinkedIn and discover Connie’s connections and jobs at similar companies. ", "We were determined to be the best place for technical founders to learn how to be CEO," said Ben Horowitz, one of the firm's co-founders. I'm very willing to share my point of view.". a16z has nearly $16.5 billion in assets under management … Connie Chan is General Partner at Andreessen Horowitz LLC. in Management Science and Engineering from Stanford University. Chan's chapter at Andreessen Horowitz began unexpectedly. Studies have shown that investing in diverse leadership has been good for business. "That is something that I'm always telling younger analysts and associates: 'Don't be afraid to say your true point of view, even if it's in disagreement with your direct boss,'" she said. All rights reserved. Disclaimer. First, Chan becomes just the second woman in the firm’s nine-year history to be appointed to […] Steve Ballmer: Where will we get infrastructure funding? Since joining Andreessen Horowitz in 2011, Connie has worked on the investment team sourcing deals and working closely with startups across the portfolio. Connie joined the firm in 2011 as a deal partner on the investment team during which time she worked on sourcing and diligence for numerous consumer tech deals including micro-mobility company Lime. ", Andreessen Horowitz poured $10 million into Lime, which has since. But Lyft co-founder says he'll need more drivers, What GM's Mary Barra learned early on: Speak up and stop saying sorry. "I could see and bring a point of view that the other folks could not see," said Chan. Chan's promotion could prove vital to Andreessen Horowitz's future. Chan, a partner who joined as … Kara Swisher: Tech companies need ethics officers with power, Huawei CEO: US scare tactics will frighten off investors, Winklevoss twins call crypto the 'ultimate social network', IBM CEO: Need to hire people for skills, not just degrees, Self-driving cars are coming. Connie Chan is a general partner at Andreessen Horowitz where she focuses on investing in consumer technology. Connie Chan is a general partner at Andreessen Horowitz where she focuses on consumer tech investments. …from Connie Chan, general partner, consumer team: How to Raise Successful People: Simple Lessons for Radical Results by Esther Wojcicki. Connie Chan has been promoted to a General Partner at Andreessen Horowitz, a Silicon Valley based technology venture capital firm with over $7B under management in July 2018. Connie Chan Connie is a Partner at Andreessen Horowitz where she focuses on finding great entrepreneurs with big ideas in consumer tech. Connie Chan, a Silicon Valley venture capital focused on consumer tech and China, was promoted to general partner at her firm Andreessen Horowitz on Tuesday. Connie focuses on consumer venture (mostly Series A, B, C). Connie has 3 jobs listed on their profile. Like when we made that bet, [the founders] hadn't even fully left their full-time jobs yet. The move to abolish the rule was seen by many as a crucial step away from the perceived "boys' club" culture on Sand Hill Road. First, Chan becomes just the second woman in the firm’s nine-year history to be appointed to the role of general partner. Venture capital firm Andreessen Horowitz has elevated Connie Chan to general partner - Vox Silicon Valley needs to figure out how to promote women and people of color. “There are two different types of people who go to China,” … -We'll shop from new, video-first sellers View Connie Chan’s profile on LinkedIn, the world’s largest professional community. ‍♂️ Empathy - Experience what the customer experiences In 2011, she was the only female investor on the team when Andreessen Horowitz started looking at Pinterest. Connie is deeply familiar with the Chinese consumer technology landscape and often tapped as an expert to translate how trends may move from Asia to the west. Throughout her career, Chan has often been one of the only women in the room. Previously, Connie led business development and marketing efforts for HP Palm in China. Why not try something random? “A refreshing reminder to let kids blossom on their own timeline. Connie Chan is a general partner at Andreessen Horowitz where she focuses on investing in consumer technology. Now with the promotion of Connie Chan … Andreessen Horowitz has named a general partner promoted from within its ranks for its first time. All times are ET. Connie Chan is General Partner at Andreessen Horowitz. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. But instead of feeling isolated, "I've found it to be helpful in certain cases," she said. Alastair (Alex) has 12 jobs listed on their profile. Reface, AI app for a video and GIF face-swaps announced that it has raised $5.5 million in the seed round of financing led by Andreessen Horowitz and several well-known angel investors. Mar 24, 2019 - Connie Chan, one of the few women of color at the top of Silicon Valley, made partner at famed venture capital firm Andreessen Horowitz last year. People in venture capital firms don’t usually win these kinds of awards, but Connie was never “usual”. Connie Chan / Andreessen Horowitz: In a new era of video ushered in by TikTok, real-time interactivity is baked into viewing experiences, which may lead to shifts in education, shopping, and more Sister Sites: ", Tired of hearing that she was too introverted, Chan pushed herself out of her comfort zone. In 3 Steps— From the way she answered every question to the way she had analyzed the firm to the poise she exhibited in the very way she sat in the chair, Connie was determined to be the best at everything she did," Horowitz wrote in a. A similar experience led the firm to Lime, the electric scooter startup. "People thought I was shy, or I didn't speak up enough in class. "I had 10 months of lead time to understand that business model," she said. Andreessen Horowitz Andreessen Horowitz has prided itself on breaking some of venture capital’s longtime norms in its nine years of operation. It’s not a trend, it’s a game-changing movement. "The more similar the investment partners, the lower their investments' performance," researchers said of their findings. Connie joined the firm in 2011 as a deal partner on the investment team during which time she worked on sourcing and diligence for numerous consumer tech deals including micro-mobility company Lime. Connie received her B.A. Investor Connie Chan has made such an impact on her colleagues at Andreessen Horowitz (a16z) since joining the firm in 2011 that today, they’re announcing Chan’s appointment to general partner.. It’s a big deal for the Sand Hill Road venture firm for numerous reasons. See Connie Chan's compensation, career history, education, & memberships. Connie Chan is a general partner at Andreessen Horowitz, a Silicon Valley based technology venture capital firm with over $7B under management. Connie Chan, partner and China-watcher at Andreessen Horowitz, manages to do so all the way from Silicon Valley. I don't care if it's Marc Andreessen or Ben Horowitz, or anyone who is extremely famous or well-accomplished, who disagrees with me. Previously, Connie led business development and marketing efforts for HP Palm in China. Wojcicki shares her philosophy of letting … About Andreessen Horowitz Andreessen Horowitz (a16z) is a Silicon Valley-based venture capital firm that backs bold entrepreneurs building the future through technology. Here's what you need to know (Thread) https://t.co/tidl4MODj4, The world doesn't want us to think from first principles. "I've taken on this kind of 'why not' attitude. Andreessen Horowitz has promoted Connie Chan to general partner, scrapping one of its longstanding rules about who can and can't hold the leadership position. Why not go audition for this random singing group, right? I call this shopatainment. "Because I had that kind of special intel, information, I was able to bet on Lime really, really early on. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. It’s a big deal for the Sand Hill Road venture firm for numerous reasons. Her promise and ambition were clear early on, according to Horowitz. Connie Chan, a Silicon Valley venture capital focused on consumer tech and China, was promoted to general partner at her firm Andreessen Horowitz on Tuesday. Pet adoption livestreaming would be https://t.co/eWfTOcn9As, -In the future, we will binge-watch stores, not shows Last week, I sat down with Connie Chan, a general partner with Andreessen Horowitz who focuses on investing in consumer tech. "Her different perspective landed us Pinterest and Lime early on when our conventional thinking would have failed," Horowitz wrote. Connie Chan. Investor Connie Chan has made such an impact on her colleagues at Andreessen Horowitz (a16z) since joining the firm in 2011 that today, they’re announcing Chan’s appointment to … Pinterest CEO on why the camera will be the next keyboard, Uber CEO: Let's change the system on gig work, Salesforce CEO: People should be fined for not wearing a mask, Zoom's founder says he 'let down' customers. Connie Chan, a Silicon Valley venture capital focused on consumer tech and China, was promoted to general partner at her firm Andreessen Horowitz on Tuesday. Shopatainment: Video Shopping as Entertainment, The Founder’s Dilemma: To Compete or Unbundle, Live, Social, and Shoppable: The Future of Video. 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