
David Lee is a seasoned investor with a impressive track record. He has made several successful exits, including the sale of his company, Social Capital, to a private equity firm.
One notable exit was the sale of Social Capital's portfolio company, Carta, to a private equity firm for $3.3 billion. This exit highlights David Lee's ability to identify and invest in successful companies.
David Lee's career achievements are a testament to his expertise and vision as an investor. He has been a partner at various venture capital firms, including Social Capital and SV Angel.
David Lee's experience in the venture capital industry spans over a decade, during which he has invested in numerous successful startups.
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David Lee's Investment Career
David Lee's Investment Career has been marked by several notable investments during his tenure as managing partner of SV Angel.
The firm made investments in companies such as DoorDash, Opendoor, Product Hunt, Snapchat, and Zenefits.
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As a managing partner, David Lee played a crucial role in shaping the investment strategy of SV Angel.
David Lee has made a total of 23 investments throughout his career.
Here are some of the notable investments made by David Lee, including his latest investment in Story Protocol as part of their Series A on September 05, 2023.
- DoorDash
- Opendoor
- Product Hunt
- Snapchat
- Zenefits
- Story Protocol
9 Portfolio Exits
David Lee has had a successful career as an investor, with 9 notable portfolio exits under his belt. His latest exit was RightRice, which was acquired by The Planting Hope Company on January 24, 2022, for a valuation of $XXM.
David Lee's exits have been a mix of acquisitions and initial public offerings (IPOs). In fact, 4 of his exits were IPOs, including one on December 8, 2020, where the valuation was $XXM.
One of his most recent acquisitions was RightRice, which was acquired by The Planting Hope Company in January 2022. This acquisition highlights David Lee's ability to identify and support innovative companies.
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David Lee has also had experience with corporate majority exits, as seen in his exit on September 26, 2017, where the valuation was $XXM. This type of exit can be a good option for companies looking to partner with a larger corporation.
Here's a breakdown of David Lee's 9 portfolio exits:
Career Milestones
David Lee's career milestones are a testament to his dedication and expertise in the investment world. He co-founded Social Capital, a venture capital firm, in 2011.
David Lee's early career was marked by a stint at Facebook, where he worked on the platform's growth and monetization strategies. He also spent time at Google, where he helped develop the company's online advertising business.
At Social Capital, Lee has invested in a wide range of companies, from consumer-facing startups to fintech and healthcare ventures. His investments have yielded significant returns, solidifying his reputation as a savvy and forward-thinking investor.
David Lee's commitment to social impact is evident in his investment approach, which prioritizes companies that drive positive change. He has invested in companies that address issues such as education, healthcare, and financial inclusion.
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Sources
- https://en.wikipedia.org/wiki/David_Lee_(investor)
- https://www.rimonlaw.com/team/david-lee/
- https://www.cbinsights.com/investor/david-lee
- https://500.co/content/pre-money-speaker-david-lee-the-vc-that-beat-cancer-is-making-big-investments-in-health-and-biology
- https://vator.tv/news/2015-05-20-david-lee-steps-down-as-managing-partner-at-sv-angel
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