Sramana Mitra: What do you think of the Series A gap? There are hundred thousand seed investments and 1,200 to 1,500 venture investments. How do you process that? Yipeng Zhao: Seed and Series A is always a hard gap. By nature of the business, you will always say most companies die after seed. I don’t think
Sramana Mitra: When you say you are comfortable investing $250,000 to $2 million, what do you want to see in terms of validation to be willing to invest? Yipeng Zhao: A lot of the time, it depends on the stage of the company. We can do anywhere from idea stage, which we call pre-seed. This
Sramana Mitra: Talk about what trends you see in your deal flow. You’ve been investing for about a year. What have you seen in the deal flow that can be synthesized as key trends? Yipeng Zhao: That’s a very good question. We see a lot of different trends. Last year, a lot of AI companies
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Yipeng Zhao of Embark Ventures was recorded in March 2018. Yipeng Zhao, Managing Partner at Embark Ventures, talks about the firm’s investment thesis, as well as broader industry trends and what should