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Chi-Hua Chien

Co-Founder & Managing Partner at Goodwater Capital. Empowering exceptional entrepreneurs everywhere to change the world for good.

Palo Alto, California

Work Experience

  • Co-Founder & Managing Partner

    2014

    Goodwater is the world’s largest consumer-tech focused venture capital firm, managing over $4B of assets and an early + venture growth stage portfolio of 80 companies in 19 countries around the world. Our seed program serves an additional 700 portfolio companies in 51 countries. The mission of Goodwater is to empower exceptional entrepreneurs everywhere to change the world for good. Our global family of companies provide innovative technology products that address the daily needs of consumers — housing, health care, food, financial services, transportation, education, and entertainment. We believe consumer technology is the most powerful force on earth, shaping global culture and transforming the global economy at unprecedented speed and scale. We are devoted to entrepreneurs who are furiously building products and platforms that consumers love.

2016

  • Early Stage Investor & Board Member

    2016

    Led the initial Series A pre-revenue investment round into Weee! and worked closely with the company as it pivoted from a 3P marketplace business into a 1P grocery delivery company. Weee! has grown to serve millions of customers per year across more than 25 US cities, and is now the largest ethnic eGrocer in the country.

2016

  • Early Stage Investor & Board Member

    2016

    Led a seed round into Stash when the company had 12K accounts and <$150K annualized revenue. Subsequently joined the Board and led the company's Series A financing. The company has since grown to >$100M revenue, >6M accounts, and >$3B AUM.

2017

  • Early Stage Investor & Board Advisor

    2017

    Led a venture funding round into Monzo when the company had 300K pre-paid debit card users with <£5M in revenue and negative gross margins. Monzo has since grown to over 8M current accounts and $1B+ in revenue, becoming the largest and most successful neobank in the UK.

2016

  • Early Stage Investor & Advisor

    2016

    Co-led an early stage funding round into musically (before it became TikTok) when the company had 7M active users and no revenue. The company was eventually acquired by ByteDance, which rebranded the musically product "TikTok" which has gone on to serve over 1B active users and generate over $10B of annual revenue.

  • Board Member

    2013

  • Board of Trustees

    2023

2011

  • Venture Growth Stage Investor & Advisor

    2011

    Led a growth stage funding round into Spotify before it entered the US market. At the time Spotify had <500K subscribers in Europe only and $75M in revenue.

2010

  • Venture Growth Stage Investor

    2010

    Co-led a growth investment round into Twitter when it had 50M active users but no proven revenue model outside of data licensing deals to large search providers. The company eventually grew to become a public company and was taken private by Elon Musk in a 2022 acquisition valued at $44B.

2008

  • Early Stage Investor & Board Advisor

    2008

    Led a venture funding round into Chegg when it had ~$3M of revenue in its college textbook rentals business. It has grown to over $750M revenues, 8M subscribers, and the largest publicly traded ed tech company in North America.