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Matthew Lee

Consumer VC

Matthew Lee is a Partner at Progression Fund, a venture capital firm focused on investing in next-generation consumer technologies. Here are some key details about Matthew Lee:

Professional Background

  • Currently a Partner at Progression Fund, which he co-founded with alumni from Musical.ly and TikTok in July 20202
  • Previously worked as a Partner at Newfund and CRCM Ventures2
  • Has experience as an Angel Investor, investing in companies like Nectar, CarbonChain, and Lunch Club2

Investment Focus

  • Invests in early-stage consumer and frontier technologies3
  • Particularly interested in companies targeting Generation Z and Generation Alpha consumers4
  • Some of Progression Fund's investments include WaveXR, OK Play, Luma, Popshop Live, and several others in areas like gaming, social media, and consumer tech2

Education

  • MBA from London Business School and New York University Stern School of Business2
  • Master of Commerce in Finance from University of New South Wales2
  • Bachelor of Engineering in Telecommunications Engineering from University of New South Wales2

Approach to Investing

Matthew Lee views his career in venture capital as similar to an early-stage startup, progressing from "pre-seed" to finding "product-market fit" with Progression Fund.1 He emphasizes the importance of understanding younger generations like Gen Z and Gen Alpha when investing in consumer technologies.4

Notable Insights

  • Believes Gen Alpha (born after 2010) will be highly tech-savvy and may become the richest generation1
  • Emphasizes the need for products targeting younger generations to be simple, visually appealing, and easily shareable4
  • Recognizes the impact of COVID-19 on shaping Gen Alpha's worldview and technology usage4

Matthew Lee brings a global perspective to his investments, with experience spanning Europe, USA, China, and Australasia.3

Highlights

Oct 13 · progression.fund
Episode 17: Matthew Lee- Building a career in Venture Capital ...
Episode 17: Matthew Lee- Building a career in Venture Capital ...
Oct 11 · onepercent.live
Episode 17: Matthew Lee- Building a career in Venture Capital ...

Related Questions

What are some of the key investments Matthew Lee has made at Progression Fund?
How did Matthew Lee transition from angel investing to founding Progression Fund?
What makes Progression Fund focus on consumer internet and marketplaces?
What are Matthew Lee's thoughts on the future of venture capital?
How did Matthew Lee's experience at musical.ly/TikTok influence his investment strategy?
Matthew Lee
Matthew Lee, photo 1
Matthew Lee, photo 2
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Experience

Partner at Progression Fund
Angel Investor, Partner at Newfund, Partner at CRCM Ventures, Associate at Pereg Ventures, MBA Intern at Entrepreneurs Roundtable Accelerator, Senior Consultant at Capco, Manager and Project Engineer at Macquarie Group

Education

M.B.A. in Business Administration and Management from London Business School; M.B.A. from New York University - Leonard N. Stern School of Business; Masters of Commerce in Finance and B.E. in Telecommunications Engineering from University of New South Wales

Location

Oakland, California, United States