Yingjie Wang
Investor at 500 Startups
San Francisco, California
Overview
Work Experience
VC and Startups
2024 - Current
Venture Capital Investor
2020 - 2023
500 Startups is one of the most active venture capital firms in the world with $2.3B AUM and investments in Canva, Solana, Credit Karma, Twilio, Grab, Intercom, Mercury Bank, The RealReal, Talkdesk, Lucidchart, Udemy, Algolia, Mejuri, Ironclad, Superhuman, and Carbon Health. Select deals I sourced, led through diligence, and managed through later stage investment: Roi (co-led pre-seed round with Gradient Ventures; marked up via seed round led by Spark Capital) Ash Wellness (led pre-seed round; marked up via $10M Series A led by Merck) Verisoul (led pre-seed round; marked up via seed round led by BitKraft Ventures) Huma Finance (seed round; marked up via $38M Series A by Distributed Global) Snickerdoodle Labs (Series A led by Spartan Group) Detoure (led pre-seed round) Worked with founders and CEOs on business insights and strategies to grow their company. Analyzed company financials, product direction, and GTM strategies for hundreds of startups. Managed critical fundraising efforts for firm’s $140M fundraise; oversaw strategic LP relationships with multiple stakeholders and due diligence requests to help raise the largest fund in firm history. Optimized portfolio operations for 3,000 companies; worked cross functionally with marketing, legal, and executive team to drive alignment.
500 Global is a multi-stage venture capital firm that invests in founders building fast-growing technology companies.
Raised $2,271,999.00 from Abu Dhabi Financial Group.
Associate
2020 - 2023
Member of All Raise's 2020-2022 Associate Cohort
All Raise is a nonprofit on a mission to accelerate the success of female founders and funders to build a more prosperous equitable future.
Raised $15,000,000.00 from Silicon Valley Bank, Sequoia Capital, Pivotal Ventures, Bill & Melinda Gates Foundation, Reid Hoffman Foundation, Silicon Valley Bank and Pivotal Ventures.
Product & Business Strategy
2017 - 2020
Jet.com was acquired by Walmart eCommerce for $3.3B-- one of the largest eCommerce acquisitions of its time. Managed P&L of multi-million dollar eCommerce vertical at the global #1 Fortune 500 company; analysis and strategy resulted in 3x'd market share. Spearheaded and negotiated strategic partnerships with premier national brands such as Buzzfeed's Tasty, KitchenAid, and Cuisinart to launch and expand assortment on Walmart.com and Jet.com. Worked cross functionally with marketing, engineering, and supply chain teams to drive alignment. Co-drove creation of the Premium Kitchen Shop (https://www.walmart.com/cp/premium-kitchen-shop/9409401) on Walmart.com. Led partnership discussions with over 17 multi-million dollar national brands to execute website launch which convinced 8 other brands to work with Walmart.com. Personally built backend assets, troubleshot issues, and executed product vision. Led product development, strategy, and partnership discussions for multiple best-selling 5-star rated products featured exclusively on Walmart.com.
Jet operates an e-commerce platform that allows its member to shop online from various retailers.
Raised $570,000,000.00 from Alibaba Capital Partners, Google Ventures, Norwest Venture Partners, Fidelity, Palm Drive Capital, Forerunner and Bain Capital Ventures.
Lead Coordinator
2014 - 2017
Board Member
2015 - 2016
As the Center for Public Service and Social Justice, Dwight Hall is the largest campus-based student-run 501(c)(3) nonprofit organization in the country. Dwight Hall's Executive Committee is responsible for over $1M in funding and overseeing operations across 90 student service organizations across social justice, public health, and education verticals.