Hans Tung is a Managing Partner at GGV Capital, a global venture capital firm that invests in seed-to-growth stage investments across the global digital economy ecosystem. Hans is an investor in leading Indian e-commerce companies Flipkart and Snapdeal. He is also the Co-Founder of Crimson Asia Capital Partners.
He holds a bachelor's degree in Management Science Engineering from Stanford University and has done his post-graduation in Entrepreneurship from the Massachusetts Institute of Technology.
Hans Tung has held 7 jobs in the past, including Team Member at Bessemer Venture Partners and as an investment banker at Merrill Lynch. He was a founding member of two pan-Asian internet startups, HelloAsia and Asia2B and co-hosts the 996 Podcast, focused on tech and entrepreneurship in China.
In 2005, Hans was among the first Asian-American Silicon Valley VCs to move to China full time, spending eight years investing in the world’s fastest-changing tech landscape before returning to Silicon Valley in 2013 to join GGV Capital.
He was an early investor and former board member of Xiaomi—most recently valued at $27 billion—and Musical.ly (now TikTok), which was acquired by Bytedance for around $900 million in 2017. He worked with Airbnb co-founder Nathan Blecharczyk on Airbnb’s China strategy and helped broker Uber co-founder Garrett Camp’s first meeting with Didi Chuxing in 2013.
A serial global investor, Hans’ portfolio at GGV spans 3 continents, with 18 unicorns, many of which he invested in at an early stage.
Hans Tung’s net worth is estimated at around $37.5 Million dollars as of 2021.
· Ranked #7 on Forbes Midas List in 2019.
· Ranked #18 at Top 100 VCs List by CBI/NYT in 2019
· Ranked #20 on Forbes Midas List in 2018.
· Ranked #19 on Forbes Midas List in 2017.
· Ranked #21 on Forbes Midas List in 2016.
· Ranked #43 on Forbes Midas List in 2015.
· Ranked #69 on Forbes Midas List in 2014.
Hans Tung, the Managing Partner at GGV Capital, shares his journey of witnessing the three phases of the Chinese startup ecosystem, and what he expects to see in India in the coming years with Anand Daniel, partner at Accel, in the INSIGHTS series podcast.
You can listen to the episode here - https://insightspodcast.in/episodes/insights-40-hans-tung-on-learnings-from-the-chinese-start-up-ecosystem
"I think over time as investors get to know Xiaomi better, will come to view it as a different kind of hardware company than what we are used to seeing."
- Hans Tung, Managing Partner at GGV Capital