CX

Chang Xu

Partner at Basis Set

Los Angeles, California

Overview 

Chang Xu is a Partner at Basis Set, specializing in investing in technical founders focusing on AI and infrastructure, with a strong track record of successful investments in companies like Orchest, Octane, Workstream, and Whist. With a background in management consulting and product management, Chang has leveraged skills in strategy, analytics, and venture capital to excel in the venture capital industry, particularly in the AutoTech, Developer Tools, Cloud Infrastructure, and AI sectors. Chang Xu holds a Bachelor's Degree and an MBA from Harvard University, has worked at prestigious firms like The Boston Consulting Group and Upfront Ventures, and has made significant contributions as a Co-Founder and Chief Operating Officer at Sunshine Library (now OnionMath), showcasing a diverse and successful career path in both the corporate and startup worlds.

Work Experience 

  • Partner

    2019 - Current

    Former founders and operators investing in AI and automation, from infrastructure to workflows, with $600M+ AUM. We are geo-agnostic and our team is always available to you, around the clock. We practice what we preach and build AI to superpower our own investing. I run Dev Founders, a community of founders creating tools for developers, data scientists, ML, and creators of all skill levels. If you’re interested in joining, apply at https://dev-founders.com

  • Founding Member

    2019

    We’re a group of professional women executives and founders in tech who want to continue to grow while contributing to empowering women. We are deeply committed to diversity and inclusion, and seek to create a safe space for all, especially for those who are under-represented.

  • Kauffman Fellow - Class 23

    2018

    Great professional development program, network of VCs, lifelong friends and mentors. More than 500 Fellows now lead more than 200 VC firms in 42 countries around the world.

Co-investment VC firm supporting the mission of the Kauffman Fellows

  • Principal

    2016 - 2019

    Investor in SoCal's largest early stage venture capital fund with $2B AUM. I was actively involved with Nexkey, Imbellus, Strive, inVia Robotics and MakeSpace at the board level. While there, we also invested in Bevy, Bird, Fleetsmith, Qordoba, Rally Rd, and Skylar.

Upfront Ventures is the venture capital firm focusing on early-stage technology companies.

  • Product Manager

    2015 - 2015

    Minerva Project is a tech-enabled university for the 21st century. I joined when a team of 50 as the first full-time PM. I redesigned the online student application process and instrumented product analytics across Mixpanel, Intercom, and Google Analytics.

Minerva Project is designed to prepare students for leadership and innovation, combining liberal arts and sciences curriculum.

Raised $179,565,519.00 from Pinpoint Ventures, Kakao Ventures, Yongjin Group, Lighthouse Combined Investment, Tan Tan Ventures, TAL Education Group, Sunghwan Choi, ByteDance and ByteDance.

  • Consultant

    2013 - 2014

    Learned to make decks to tell a story, pull insights out of data, manage projects, and influence change. Worked with executives across many industries and functions.

BCG Securities focuses on wealth management with high net worth individuals.

  • Co-Founder and Chief Operating Officer

    2012 - 2013

    Education technology startup developing a personalized learning app for kids, started as a class project. I built a team of 20 and have a lot of empathy for the startup journey. Since 2013, we re-branded as OnionMath, raised $90M+ in venture capital, and a team of 400+ thrives in Beijing.

  • Associate

    2010 - 2012

BCG Securities focuses on wealth management with high net worth individuals.

  • Quantitative Trader

    2009 - 2009

    Traded commodities and ADRs; learned arbitrage and high frequency trading.

  • Program Manager (Product Manager)

    2008 - 2008

Microsoft Advertising provides digital advertising solutions.

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