Type of investor | Angel |
Categories of interest | |
Credentials | None |
Investments made | Kima Labs, Speak With Me, Openbucks, Identified, Cucumbertown, RedHotLabs, GroupMe, Lever, MyMiniLife, Bubble Gum Interactive |
M&A
GroupMe,
$50M to $300M,
Source: http://www.businessinsider.com/skype-acquires-groupme-2011-8
Kima Labs , Undisclosed, Source: http://wallstcheatsheet.com/stocks/groupon-gets-acquisition-hungry-in-mobile.html/ MyMiniLife , Undisclosed, Source: http://allfacebook.com/zynga-acquires-myminilife_b7101 |
IPO
|
Entrepreneur
I want to invent something cool.
AirBnB, Square, Dropbox, Quora
Timing is key
Product/market fit
1. Market first
2. Keep burn low
3. Understand design
Zao is currently the COO/co-founder at BetterWorks, Inc., a perks platform for small medium businesses. Previously, he co-created Farmville, and was the CEO/co-founder of MyMiniLife, Inc. (sold to Zynga Game Networks, Inc.). MyMiniLife is the common technology platform at Zynga and powers 150M monthly users with Cityville, Farmville, and Frontierville. He also designed the Farmville iPhone application (top iPhone app), and worked on corporate development deals including Microsoft, Yahoo, Zynga Japan, and Zynga corporate strategy. He is also an active investor with stakes in companies like Hipmunk, GroupMe, Facebook, Zynga (acquisition stock), and SV Angels.
Angel investments and exits:
Bubble Gum Interactive (funded)
Cucumbertown (funded)
GroupMe (acquired by Skype $85M)
Hipmunk (funded)
Identified (funded)
Kima Labs (acquired by Groupon)
Lever (funded)
MyMiniLife (acquired by Zynga)
Openbucks (funded)
RedHotLabs (funded)
Speak With Me (funded)
Zynga (IPO)