Patrick Chung
General Partner at Xfund
Patrick Chung
General Partner at Xfund
Palo Alto, California
Overview
Work Experience
Managing General Partner
2012 - Current
Patrick is Managing General Partner of Xfund. Prior to Xfund, Patrick was a partner at NEA and led the firm’s consumer and seed investment practices. He is a director of 23andMe (NASDAQ: ME) and Philo, and led investments in Guideline, Halo Neuro, IFTTT, Landit, Nebula Genomics, NewtonX, Rock Health, ThirdLove, and Zumper. Past investments include Segment (acquired by Twilio), Kensho (acquired by S&P Global), Plaid (almost acquired by Visa), Pulse (acquired by LinkedIn), Loopt (acquired by Green Dot), GoodGuide (acquired by Underwriters Laboratories), Ravel Law (acquired by Lexis-Nexis), Xfire (acquired by Viacom), and Xoom (NASDAQ: XOOM). Prior to joining NEA, Patrick helped to grow ZEFER, an Internet services firm (acquired by NEC) to more than $100 million in annual revenues and more than 700 people across six global offices. Prior to ZEFER, Patrick was with McKinsey & Company, where he specialized in hardware, software, and services companies. Patrick received a joint JD-MBA degree from Harvard Business School and Harvard Law School, where he served as an Editor of the Harvard Law Review. Patrick was a Commonwealth Scholar at Oxford University, where he earned a Master of Science degree. Patrick earned his A.B. degree at Harvard College in Environmental Science. He is a member of the New York and Massachusetts bars, was an elected director of the Harvard Alumni Association, and a member of the Committee to Visit Harvard College. He is also an Associate of the Creative Destruction Lab at the University of Toronto.
Head of Consumer investing practice, Head of Seed investing practice
2005 - 2014
NEA is the nation’s largest and most active venture capital firm, with over $27 billion under management. Elected Partner in under three years (youngest partner elected at that time). Led investments in 23andMe (NASDAQ: ME), GoodGuide (acquired by Underwriters Laboratories), IFTTT, Kensho (acquired by S&P Global), Loopt (acquired by Green Dot), Philo, Plaid (almost acquired by Visa), Pulse (acquired by LinkedIn), Ravel Law (acquired by Lexis-Nexis), Rock Health, Segment (acquired by Twilio), ThirdLove, Xfire (acquired by Viacom), Xoom (NASDAQ: XOOM), and Zumper.