David Yeng

Long time no post. Keeping it alive

Just got news of a 6.5 Earthquake at East Java, Indonesia. Hope all my Indonesian friends are safe and well!!

Haven’t been on for quite some time. Sorry to all my followers… 1st tweet back from hiatus: don’t cancel any appt last min. Just pure rude

Join us this coming Tuesday 7:30pm (GMT+8) and hear 5 awesome pre-seed pitches! RSVP ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ linkedin.com/posts/davidasa…

@StephNass Yes it’s a combination of strategies, ie concentrated + diversified = hybrid. Types can be based on partners’ beliefs

My new theory: there are 5 types of VC firms. 1️⃣ Thesis-driven: You have deep industry expertise and invest in deals that fit your market vision. Typical for emerging managers. Example: Datapower Ventures. 2️⃣ Brand-driven: You have a strong brand and attract proven founders. Typical for established, generalist funds. Example: A16Z. 3️⃣ Lead-driven: You co-invest in rounds led by tier-1 firms and try to replicate their performance. Example: SyndicateRoom. 4️⃣ Mission-driven: You seek an edge with founders & LPs by "doing good" and investing in underrepresented founders (e.g. Geek Ventures, Matr Ventures) or tech for good (mostly cleantech). 5️⃣ Volume-driven: You play the numbers - you invest a high number of small checks and mathematically expect to capture a few unicorns in the lot. Example: 500Global. Agree? Disagree? (NB: Those 5 strategies are not exclusive. The larger funds eventually combine a few strategies.)

@kar_n_twitts 👊🏻you too have a great week!

@davidyengFVC Hope you had a fantastic Monday, David! 👊🏼

A Fortune 100 CFO who was the boss of my boss a while ago thanked me this week for "coaching" him into a new role in private equity - something he had been exploring for the past 2 years. It's so cool when you reach this full circle moments!

Fund managers starting out their fund at 40 tend to have a higher chance of succeeding… Thoughts??

@meaganloyst @SlushHQ @_Gema_

Who's going to @SlushHQ later this week??? 🇫🇮

@FounderEric Over time, yes, when you have the scale

Asking for a founder: do lifetime offers for SaaS work?

@rachelssanders MS office

What is your favorite product that you've purchased for <$500?

The single greatest advantage startups have is SPEED. Move faster.

@schmafia I’m still for paper… can’t see myself typing notes

are you a paper person? or digital 📝💻 and if either, what are you using?

@MrFamilyOffice Yes. But is it still “ask and you shall receive?”

No connection! But on Twitter, everyone is an introduction away

Pritzker Family Launches $190 Million Venture Fund to Back Startups - WSJ wsj.com/articles/pritz…

@pmarca 😱😱

Uh oh.

@pmarca Beats me… any experts care to share?

Seriously though — what did Ilya see?

@kar_n_twitts 💯💯💯💯

"The future is here today. It just hasn't scaled yet." 🔥

@ericbahn Based on this I’m probably very depressed one

According to Business Insider, I am definitely not a happy Millennial.

@StephNass Games are tough. They’re essentially not solving any problems. It’s all about trends and GTM

We increasingly see video game studios trying to raise capital on OpenVC. I honestly don't know how to help them. Anybody has insights on the industry? Who funds these kind of projects? 🧐