WL

Wendy Lung

Corporate Innovation and Corporate Venture

San Francisco, California

Overview 

Wendy Lung is a seasoned professional in corporate innovation and venture capital, currently serving as Vice President at Mach49. With a background that includes roles at IBM Ventures and various advisory positions, Wendy has demonstrated expertise in strategy, business development, and leadership in the tech industry. Notable highlights of Wendy's career include her role as Managing Director at IBM Ventures and her current position at Mach49, where she focuses on corporate innovation and venture capital in the San Francisco Bay Area.

Work Experience 

  • Advisor

    2021 - Current

    Draper Venture Network is an alliance of 17 venture funds spanning the global tech hubs in India, China, South America, Europe, Middle East and Africa.

Global alliance of independent venture firms

  • Advisor

    2020

    The Hive works actively with founders to co-create, fund and launch startups focused on AI in the Enterprise

  • Vice President

    2022 - 2023

    Mach49 helps Global 1000 companies develop a pipeline and portfolio of successful new ventures by Disrupting InsideOut™ — creating, building and launching new ventures generated from within their organizations — and Disrupting OutsideIn™ — designing and managing world-class corporate venture groups.

  • Managing Director, IBM Ventures

    2008 - 2020

    Proactively drive early insights into IBM’s strategy development, identify partnerships and acquisitions for growth, and advise Fortune 500 clients on their innovation initiatives - Expand the partner ecosystem and acquisition pipeline for IBM’s strategic initiatives in Cloud, Mobile, Commerce, Cognitive Computing, Big Data and Analytics and 17 vertical industries - Created IBM Global Entrepreneur, IBM's first partner program for early stage startups. Launched worldwide across 17 countries and with 100+ channel partners - Investment in IBM's first healthcare incubator

  • Director, Marketing

    2001 - 2008

    Led global market development for the top communications service providers in the world, focused on the high growth segments of Wireless, Digital Media and Convergence

  • Business Development Executive

    1996 - 2001

    Built IBM’s first business focused on internet-based companies in Asia. The business unit was established as a ‘startup’ within the company to address the emerging dot-com growth opportunity for the corporation

  • Marketing Strategist

    1993 - 1996

    Launched IBM's first Integrated Marketing Communications business unit. Responsible for building the marketing strategies for the Wholesale Distribution and Retail vertical markets in North America

  • Sales Representative

    1989 - 1993

    Responsible for increasing market share by displacing competitively installed accounts in the Wholesale, Retail and Transportation vertical markets

IBM is an IT technology and consulting firm providing computer hardware, software, infrastructure, and hosting services.

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