•Amy Wu, former head of FTX Ventures, has joined Menlo Ventures as a general partner.
•Wu will lead investments in consumer and gaming sectors with her deep experience as both an investor and operator.
•Menlo Ventures has $5 billion in assets under management and has backed companies such as Uber, Roku, Warby Parker and more.
Amy Wu Joins Menlo Ventures
Former head of FTX Ventures Amy Wu has joined investment firm Menlo Ventures as a general partner to lead investments in the consumer and gaming sectors. She resigned from FTX last November due to the exchange’s liquidity crisis that eventually resulted in bankruptcy and criminal charges for its founder. Prior to this she led investments in consumer, gaming and blockchain at Lightspeed Venture Partners.
Experience of Amy Wu
Wu brings with her a wealth of experience as both an investor and operator across different consumer businesses which will help her hit the ground running. Her expertise spans technology-driven categories such as gaming, blockchain, generative AI among others.
About Menlo Ventures
Menlo Ventures is a 47-year-old firm with over $5 billion in assets under management (AUM). It invests in companies from early stages to initial public offerings (IPOs) across multiple sectors including artificial intelligence (AI), healthcare, financial technology among others. Companies that have been backed by Menlo include Uber, Roku, Warby Parker and more.
Investment Strategy
At Menlo Venture’s Amy Wu will focus on making early-stage investments primarily within the consumer sector including gaming, blockchain technologies and new experiences made possible by tech shifts such as generative AI.
Conclusion
By joining Menlo Ventures Amy Wu is well placed to leverage her vast experience within the venture capital space towards further growth opportunities within the consumer sector including gaming, blockchain technologies etc., thus potentially creating lucrative returns for all stakeholders involved including investors such as herself.