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Jeffrey Truong
Partner at VMG Catalyst
Jeffrey Truong is a prominent figure in the venture capital industry, currently serving as the Founder and Managing Partner of Broadway Venture Partners.14 Here's a detailed overview of his professional background and current role:
Current Position
Jeffrey Truong is the Founder and Managing Partner of Broadway Venture Partners, a venture capital firm he established to focus on early-stage investments in the future of commerce.1 The firm recently raised a $30 million fund, marking a significant milestone in Truong's career.4
Investment Focus
Broadway Venture Partners, under Truong's leadership, specializes in:
- Early-stage venture capital
- Future of commerce technologies
- Empowering change-makers in the commerce sector2
Investment Strategy
Truong's approach to venture capital is unique and customer-centric:
- He works backwards by first talking to brands and retailers to understand their pain points
- Uses this knowledge to identify startups solving these problems
- Acts as a "matchmaker" between innovative solutions and established businesses1
Previous Experience
Before founding Broadway Venture Partners, Truong held several notable positions in the venture capital and finance sectors:
- Partner at VMG Catalyst (2020-2023)2
- Senior Associate at Altos Ventures (2017-2020)5
- Associate at Tenaya Capital (2015-2017)5
- Investment Banking Analyst at Union Square Advisors (2013-2015)5
Education
Truong holds an HBA degree, though the specific institution is not mentioned in the provided information.
Recent Investments
One of Broadway Venture Partners' recent investments includes Proxima, a company addressing significant challenges in the advertising industry. Truong announced this investment on April 8, 2024.3
Jeffrey Truong's journey from a seasoned venture capitalist to launching his own successful fund demonstrates his expertise in identifying promising startups and his deep understanding of the commerce technology landscape.
Highlights
I'm excited to share our work at Broadway Venture Partners publicly for the first time. A big thank you to Adrian Alfieri and Ben Sharf for being fantastic hosts and guiding me through my podcast debut!
Why did I choose the Turning Pro Podcast for my first and only podcast appearance? Because that's where my customers are. The brands and retailers I work with, as well as the founders I support, all tune in to the podcast.
Check it out to learn how we're taking a customer-centric approach to venture and doing things differently!
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