Ask A VC Anything!
Jeffrey Lee, Managing Director & Co-founder, Northern Light Venture Capital,
(NLVC) Silicon Valley
Fiona Yu, Partner, NLVC, Shanghai
in fireside chat with
Silicon Dragon's Rebecca Fannin
& Online Audience Q&A
February 25, 2021
“We are super passionate about early-stage, we don’t fear the lack of revenue, we don’t fear the lack of incorporation.”
“You really want to be the people behind the stars, the stars are the entrepreneurs.”
Across the firm’s 30 medtech portfolio companies, only 20 percent have FDA approval. "This signals that investors in China are up to taking more risk on early-stage healthcare investments."
"China’s quicker response to Covid-19 leaves open the possibility for in-person meetings. Face-to-face meetings cannot be completely replaced with Zoom calls."
News: NLVC has just raised two new funds: $300 million for U.S. and equivalent in RMB for China
The VC firm is paying extra attention to Korean tech sector now and may raise a Korea-specific fund.