Richard Lam

Head of Capital and Partner Solutions

2022 - Current

Initialized Capital is a San Francisco based early stage venture capital firm with more than $3.2Bn of AUM. Our firm focuses on investing in high-potential software startups at seed stage and earlier, with small teams that include great engineers, designers and product founders. Our portfolio includes breakout companies such as Coinbase, Instacart, Cruise, OpenDoor, Patreon, reddit, rippling, flexport amongst many others

Partner

2021 - 2022

Race Capital is an early-stage investor focused on web 2/3 infrastructure investments. We were early investors in Databricks, Solana, Lightning Labs amongst many others! At Race, I am responsible for investing, building and serving both entrepreneurs and LPs

Global Head of VC Funds

2012 - 2021

Teachers’ Venture Growth is the private investment department of Ontario Teachers’ Pension Plan (Teachers’) focused on late-stage venture and growth equity investments in companies that use technology to disrupt incumbents and create new sectors. We seek to access significant global opportunities for investment in new businesses and sectors that are emerging as a result of unprecedented technological change. Teachers' has developed an innovative investment program and successful track record for investment performance with offices around the world including Toronto, Hong Kong, London and Singapore. We invest in VC and growth equity through Funds, Co-investments and Direct investments. At Teachers’, I lead our global Venture Capital and Growth Equity fund investments.

Management Consultant

2010 - 2012

BCG is a global management consulting firm and the world's leading advisor on business strategy. BCG partners with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. I primarily served clients in the Consumer Packaged Goods, Industrial and Financial Services industries with extensive experience working in Canada and the US.

Assistant to China Country Director

2010 - 2010

Save the Children is an independent organization creating change in the lives of children in need around the world. The organization is focused on accountability, innovation and collaboration to help children and families help themselves. At Save the Children, I worked closely with the China Country Director where amongst my responsibilities, I managed an internal committee to develop a strategic fundraising partnership between Save the Children Beijing and Save the Children Hong Kong for Emergency fundraising.

Private Equity

2007 - 2009

TorQuest Partners is a Canadian-based private equity fund manager. TorQuest seeks to pursue investments in middle market, later stage companies with the goal of building value through opportune acquisitions, strategic leadership and financial expertise.

Investment Banking

2004 - 2007