A rare promotion for a 100 billion VC--

The well-known Silicon Valley venture capital a16z announced that Jennifer Li will be promoted to General Partner. So far, she has become one of the few Chinese female leaders in the history of a16z.

Through the LinkedIn page, you can see Jennifer's growth trajectory-minor in journalism at Fudan University, undergraduate at Shanghai University of Finance and Economics, and later went to the United States to study. Product manager is a very important experience in her career. It was not until she joined a16z in 2018 that she officially started her investment career.

I still remember that last week, a16z just announced the completion of the fundraising of US$7.2 billion, which broke the VC fundraising record this year. The official website shows that a16z currently manages about US$42 billion (about RMB 300 billion). Now that the ammunition is in place and the team is in place, maybe it's time to start showing its strength.

In 2018, she joined the Silicon Valley venture capital institution a16z, responsible for exploring entrepreneurial projects in the fields of data systems, development tools and AI.

At that time, Jennifer's idea was very simple - as she shared later, at least 10 partners in this organization had entrepreneurial experience, and it would not be a loss to return to Internet entrepreneurship after learning for a year or two.

However, she stayed there for 6 years.

There are endless new outlets in the venture capital industry, and she can always deal with the smartest minds in the industry. In this job, she found unprecedented passion and enjoyed it.

During her time at a16z, she grew very fast. She first keenly captured the data companies Fivetran and dbt and made timely moves in the early stage. The current valuations of these two companies are US$5.6 billion and US$4.2 billion respectively. Since then, she has successively led a number of investment cases, including the video platform Mux, which is currently valued at US$1 billion, the artificial intelligence voice company ElevenLabs, and the database company MotherDuck.

With this promotion, Jennifer, who is only in her early 30s, ushered in a milestone in her investment career - becoming the 27th general partner of a16z.

Starting from a product manager

How to capture unicorns one by one, research has always been the core of my career. Founders always ask why our transaction team is called the research team, because our job is to research and understand founders, users, products and markets." She concluded that this is a habit she had when she was a product manager.$#A16ZCrypto