PATRICK CHUNG
Partner
Patrick is Managing General Partner of Xfund. Prior to Xfund, Patrick was a partner at NEA and led the firm’s consumer and seed investment practices. He was the first investor in Sam Altman (co-founder and CEO of OpenAI), Anne Wojcicki (co-founder and CEO of 23andMe), Peter Reinhardt (co-founder and CEO of Segment), Zach Perret and Will Hockey (co-founders of Plaid), Eddy Lu (co-founder and CEO of GOAT), Sean Duffy (co-founder and CEO of Omada Health), Daniel Nadler (co-founder and CEO of Kensho), and many others.
He is a director of Philo and led investments in 23andMe (NASDAQ: ME), Chalk, Distributed Spectrum, Guideline, NewtonX, OpenEvidence, ThirdLove, and Zumper. Past investments include Segment (acquired by Twilio), Kensho (acquired by S&P Global), Plaid (almost acquired by Visa), Pulse (acquired by LinkedIn), Loopt (acquired by Green Dot), GoodGuide (acquired by Underwriters Laboratories), Ravel Law (acquired by Lexis-Nexis), Xfire (acquired by Viacom), and Xoom (NASDAQ: XOOM). Prior to joining NEA, Patrick helped to grow ZEFER, an Internet services firm (acquired by NEC) to more than $100 million in annual revenues and more than 700 people across six global offices. Prior to ZEFER, Patrick was with McKinsey & Company, where he specialized in hardware, software, and services companies.
Patrick received a joint JD-MBA degree from Harvard Business School and Harvard Law School, where he served as an Editor of the Harvard Law Review. Patrick was a Commonwealth Scholar at Oxford University, where he earned a Master of Science degree. Patrick earned his A.B. degree at Harvard College in Environmental Science. He is a member of the New York and Massachusetts bars, was an elected director of the Harvard Alumni Association, and a member of the Committee to Visit Harvard College. He is also an Associate of the Creative Destruction Lab at the University of Toronto.