Invests in
Sectors:
Locations:
Min Investment:
$100,000.00Max Investment:
$5,000,000.00Target Investment:
$1,500,000.00
Skills
Education
Lists including David
Work Experience
2021
Founder and General Partner
2021
Inception Capital is a high conviction, early-stage venture capital firm that connects Asia and the West by investing in founders & asset managers that build game-changing global products and business models in the Web3 ecosystem. We are currently managing ~$100M across our venture fund and fund of funds, backed by top tier institutional players such as Animoca, Galaxy Vision Hill, Digital Currency Group, Bybit and Huobi in addition to many notable crypto-native angels such as Bill Ackman and Alan Howard. If you are interested in working with a leading early-stage crypto VC dedicated to investing in the most disruptive Web3 founders across East and West, then join us!
2018 - 2021
Global Director of Strategy, CEO's Office
2020 - 2021
Worked alongside all facets of the exchange business including sourcing and diligence of high potential projects for Huobi investments, engaging projects to build upon the HECO Chain (Huobi ecosystem chain), listings, wallet integrations (staking and integration of Huobi's userbase), and interfacing with institutional clients (liasing with some of the largest investors in the space). Facilitated high level partnerships with the Huobi group entity to create synergetic collaborations with the exchange including but not limited to custody arrangements with Fidelity, credit card payments with Worldpay, crypto debit cards with Visa/Mastercard and AML with Elliptic.
Managing Director of Huobi Labs
2019 - 2020
Incubated early stage blockchain companies and advised established internet companies on blockchain strategy. Facilitated incubation and development of major blockchain projects including Polkadot and Algorand. Value-added activities included leading go-to-market strategy in Greater China, hosting technical workshops to educate application userbase, launching university partnerships and providing university grants to bring educational institutions into the crypto project network, both online media and public relations marketing support with major Chinese media / news outlets. David also hosted provided offline meetups in all major cities within China (Shanghai, Beijing, Chengdu), attracting crypto KOLs, investors, other similar projects in the ecosystem, project ambassadors and retail users. All off-line events promoting Polkadot and Algorand were highly oversubscribed (even though they were held during a crypto bear market in 2019) and ultimately helped achieve significant traction on two major crypto projects.
Senior Investment Director of Huobi Capital
2018 - 2019
Led the overseas investment arm of Huobi's Internal fund. David has led Huobi's investments in the first flagship funds of leading Crypto VCs as well as Huobi's investments in various high-profile deals including Linear, Terra, Blockfolio, Ren, MobileCoin, Stacks and ONTology.
2016 - 2018
Co-Founder
2016 - 2018
Ran a government backed incubator/accelerator focused on mentoring local early stage mobile internet companies in the Xiamen region
2014 - 2016
Co-Founder
2014 - 2016
Co-founded Moshigroup (mobile application startup), an activity based social network linking online friends to offline events. David and his team won first place in a province-wide entrepreneurial competition held by the Fujian Government and received 3mil RMB of seed financing. David managed all aspects of business and app development from initial scoping through strategic and fiscal planning to final product launch. Oversaw all divisions of the business including product development, hiring and fundraising. Raised 25mm RMB Series A and exited to a Chinese gaming company.
2012 - 2014
Analyst
2012 - 2014
Created dynamic operating, leveraged buy-out, discounted cash flow and accretion / dilution merger models. Participated in all phases of M&A process including valuation, due diligence, drafting of marketing materials and evaluation of bids.