H@H: AtB Ep 4 – Partner at NGC Ventures Andrea Chang chats with hosts Paulina Lee and Paul Bryzek and shares her industry insights as a crypto VC. Andrea is a graduating full-time 2022 MBA originally from Taiwan who moved to California to attend Haas. She previously lived in Singapore and worked at Goldman Sachs doing equity research for a few years. Later she joined NGC Ventures, one of the largest institutional investors of blockchain and distributed ledger technologies and has been a key contributor to several leading blockchain projects.
On NGC Ventures
“NGC ventures we started in mid 2018. We were the early investor in multiple public blockchains, such as Solana, Avalanche, PolkaDot, to name a few. We are also active in many defi metaverse deals.”
On identifying Red Flags for startups
“Timeline, like seems focus too much on the token access strategy rather than product building. And second is that often times it needs to rely on the market secondary market condition, which is hard to predict for all of us.”
On Berkeley entrepreneurs raising rounds
“First is to be very clear about your product and solution and your vision as is the positioning of your product in the wider industry space. And I think second is that to make the best use of the Berkeley environment, especially the talents part. Because Berkeley has so many talents, in undergrads, graduates, and MBA.”