Patrick Chung
Patrick S. Chung is the founder and Managing General Partner of Xfund, the early-stage venture capital firm (launched 2012) that backs technically gifted, cross-disciplinary founders affiliated with Harvard, Stanford, and other leading universities.
Background / Profile
- Role: Founder & Managing General Partner of Xfund, based across Cambridge, MA and Palo Alto / Silicon Valley. Led Xfund’s oversubscribed Xfund 3 at 225M across funds.
- Prior to Xfund: Partner at NEA (New Enterprise Associates), leading consumer and seed investing — elected partner in three years, the youngest at the firm to do so at the time.^[single-source] Earlier co-founded ZEFER (an enterprise website-building company during the first dot-com boom, later acquired) and began his career at McKinsey & Company.
- Notable investments / backings: First investor in / early backer of Sam Altman, Anne Wojcicki (23andMe), Zach Perret & Will Hockey (Plaid), Daniel Nadler (Kensho, OpenEvidence), Peter Reinhardt (Segment), plus Loopt, Xoom, Pulse, IFTTT, Guideline, Zumper, GoodGuide, and others. Has served as a director at 23andMe and Philo.
- Education: Joint JD-MBA from Harvard Law School and Harvard Business School (Editor of the Harvard Law Review); MSc in Environmental Science from Oxford (University College) as a Commonwealth Scholar; AB in Environmental Science from Harvard College. Admitted to the New York and Massachusetts bars.
- Affiliations: Kauffman Fellow (Class 9); associated with the Creative Destruction Lab at the University of Toronto.
Related
- Xfund — the firm Chung founded and leads; init.inc is in active talks with Xfund via partners Brandon Farwell and Prat Mallick.