Richard Jhang
Investor at Andra x StratMinds
Richard Jhang
Investor at Andra x StratMinds
San Francisco, California
Overview
Work Experience
CEO & General Partner
2018 - Current
Leads StratMinds VC's fund and SPV investments in early-stage (pre-seed to Series A) tech startups with the ambition to make the world a better functioning place. Our emphasis lies in Applied Artificial Intelligence and Next-generation Computing, concentrating on ventures that harness these cutting-edge technologies to create the businesses of the future.
Partner, Andra Capital
2023
Manages Andra Capital's investments in AI startups (Series A/B).
Strategic Advisor & Board Member
2018
Strategic advisor / board member to tech firms, providing guidance on strategy, business model, product design, user experience, product development, operating model, go-to-market strategy, pricing, customer success and growth, and profitability.
Advisor / Associate
2018
Advising and supporting the innovative early-stage artificial intelligence ventures of CDL with their strategy, business model, product design, funding, pricing, GTM, business development, customer success, and growth.
Summit Fellows | Mentor
2019
Advising ambitious startups so they can be more successful and impactful.
Chief Innovation Officer & Leader of Applied AI, Global Services
2017 - 2018
Led the business/operating model innovation with an emphasis on expanding its new hyper-growth businesses to reinvent the Fortune 50 company. Worked on new businesses strategy, GTM, and corporate development focusing on Applied Artificial Intelligence and new business models. Founded IBM's Applied AI Strategy business and advised the company's top-tier Fortune 50 clients with CXO-led strategic initiatives / customer success efforts.
Senior Partner, Leader of Technology (Strategy & Advisory)
2004 - 2017
Started PwC and Strategy&'s consulting businesses. Founded 7 new businesses, including Strategy, Transformation, Analytics, AI, and Corporate Development / Transaction Support. Led the firm's global groups for Tech Strategy, Analytics, and Transformation. Led the development of asset-based services and the productization of the firm's algorithmic assets which led to the formation of its data business that enabled greater assetization and predictive delivery of data science services. Was part of the business leadership at both North American and Global levels to drive strategic business agendas, including key acquisitions, integrations, and partnership/consortium deals. (Strategy& was formed on March 31, 2014, when Booz & Company combined with PwC to create a new kind of global strategy consulting business. The largest professional services network in the world, PwC operates in 157 countries.)
Leader of Technology Infrastructure
2001 - 2004
Founded and led the Technology Infrastructure Services to help companies build their large-scale data center, server/storage, and internet infrastructure services with flexible automation. Helped close/transform large-scale managed services deals and digital transformation programs. Later joined the Telecom, Media & Entertainment to lead its Architecture competency and to enable its revenue optimization/growth management initiative at a strategic telco & media client.
Senior Enterprise Architect, Global Professional Services and Systems Engineering
1999 - 2001
Drove the global professional services for large-scale Sun Microsystems projects that formed the foundation of major analytics systems, ISPs, internet data centers, and application services. Helped Spyn design the Uptime systems monitoring and management systems, incorporating the field insights.
Senior Security Architect, Cyber Security Systems Engineering
2000 - 2000
AXENT Technologies, Inc. provides electronic security software solutions that address security issues of organizations deploying business applications over the Internet or internally via intranets. In December 2000, AXENT was acquired by Symantec Corporation. Advised North American Fortune 500 financial services and telecom companies with enterprise security architecture and automated security management and incident prevention.