1 year ago
Amy Wu, who antecedently headed task superior investments for FTX anterior to its collapse, has joined concern steadfast Menlo Ventures arsenic a wide spouse to pb investments successful the user and gaming sectors.
Wu resigned from FTX Ventures last November arsenic the centralized speech stared down a liquidity situation that ended successful bankruptcy and transgression charges for laminitis Sam Bankman-Fried and different executives. She antecedently led investments successful consumer, gaming and blockchain astatine Lightspeed Venture Partners.
“At Menlo, Amy volition marque early-stage investments successful technology-driven categories, including gaming, blockchain, and caller user experiences made imaginable by tech shifts similar generative AI. Her heavy acquisition arsenic some an capitalist and relation crossed a assortment of user businesses volition assistance her deed the crushed running,” wrote Menlo Ventures spouse Shawn Carolan successful an announcement post.
Founded successful 1976, Menlo Ventures has much than $5 cardinal successful assets nether absorption (AUM), according to the website. The steadfast invests successful companies from aboriginal stages to archetypal nationalist offerings crossed a fig of sectors, including artificial quality (AI), healthcare and fiscal technology. Portfolio companies person included aboriginal bets connected Uber, Roku and Warby Parker.
Edited by Stephen Alpher.
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