This Is What An Angel Investor Looks Like – Edith Yeung

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Women 2.0 profiles women angel investors in our weekly “This Is What An Angel Investor Looks Like” series.

By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)

Based in San Francisco, the Hong Kong-born and raised Edith Yeung is a founding partner at RightVentures, where she focuses on mobile and consumer internet companies.

She currently runs corporate strategy for Dolphin Browser, a Sequioa-backed mobile browser with over 50 million installs on Android/iOS.

She also created networks in Silicon Valley for burgeoning small business owners: BizTechDay and SFentrepreneur, and frequently speaks on mobile, women and international entrepreneurship.

 

Meet Angel Investor Edith Yeung

How and why did you decide to become an angel investor?
“Meeting the founder of Dolphin and being inspired by his vision and mission on why he decided to build the company. I realized I don’t have to be the person who executes to make the vision happen. I am very proud and excited to be the person behind the scenes and able to financially support these amazing founders.”

What investments have you made?

Company: Pack (About.me)
Founder(s): Megan Casey*

Company: Mighty Text (iMessage for Android)
Founder(s): Maneesh Arora & Amit Sangani

Company: Fleksy (Virtual Keyboard)
Founder(s): Kostas Eleftheriou & Ioannis Verdelis

Company: Strikingly
Founder(s): David Chen, Dafeng Guo & Teng Bao

*Women founders!

What types of industries do you invest in?
“Mobile and consumer Internet.”

And what is your investment style?
“Usually pretty hands off, but I like to support and involve in discussions around company strategic, marketing, business partnership, growth hacking, fund raising, etc.”

Do you have any investment dealbreakers?
“When founders pretend they know the market but they don’t, or pretend they know their competitors but they don’t. When founders ask an investor how they should find a co-founder, or when founders don’t want to admit they don’t know something.”

How has your background played (or not) a role in your angel investing?
“Being in the mobile space, I have very good understanding of the trends, the market, what my partners and influencers are looking for. I can give more relevant strategic advice and make more meaningful introductions.”

One piece of advice to an angel-in-training?
“Don’t do it for the money.”

One piece of advice to entrepreneurs looking for capital?
“Be as transparent as possible. You should be able to clearly articulate your strengths and areas for growth.”

What do you look for in an entrepreneur or founding team?
“Raise capital for the right reasons. The success of your startup is not defined by how much money you raise.”

Favorite quote?
“You must touch their heart before you ask people to follow.”

Random fact?
“I am a square dancer, scuba diver & jazz singer :)”

Women 2.0 readers: Know an angel investor that has invested in at least one female-founded company? Tell us about her in the comments!

Angie Chang is Editor-in-Chief and Co-Founder of Women 2.0, a media company offering content, community and conferences for aspiring and current women innovators in technology. Our mission is to increase the number of female founders of technology startups with inspiration, information and education through our platform. Previously, Angie held roles in product management and web UI design. Angie holds a B.A. in English and Social Welfare from UC Berkeley. Follow her on Twitter at @thisgirlangie.