The story of Palm Drive Capital started over a decade ago on the green college campus of Stanford where the three managing partners, Seamon Chan, Hendrick Lee and Nicholas Hsu met. After graduating from Stanford, they all spent the following 10 years living and working in the corporate worlds of the USA and China. They witnessed other people’s passion for starting businesses, creating products and trying to improve the world. Feeling motivated to support these brilliant ideas, Seamon and Hendrick founded Palm Drive Capital, a New-York based venture capital firm.
When choosing a name, Stanford was their main inspiration. They…
With the recent closure of Boom Supersonic’s latest funding round, our portfolio now holds eleven unicorns. With this accomplishment, we would like to present a selection of our unicorns, our reasons for investing in them, and insight into our investment strategy.
Our investment thesis focuses on three categories: sector, stage, and geography. We typically invest in early stage businesses in the software/internet sector all around the world, with roughly 80% of our portfolio held in the US and 20% abroad. While our investment target is a Series A company generating around $1m in revenue, we have seed stage and growth…
We’re committed to training and developing the next generation of venture investors. Our interns join us from around the world and are crucial to our success.
Frankie Xu | Summer 2020 Investment Analyst
University: UC Berkeley Class of 2021
Major: BA in Economics
Are you interested in a specific industry? Why?
DevOps and Edtech: I am interested in vertices that address digital transformation of the way we live, learn and work.
How did you get involved in VC?
It was semi-accidental. I worked at a boutique fund last summer in the Bay Area and learned the basics of operating a…
Joe serves as the Director of Investor Relations for Palm Drive Capital. His day-to-day responsibilities revolve around engagement with our limited partners, developing new relationships with investors, and guiding the team’s communication strategy.
What excites you about venture investing?
Every day, I’m inspired by the companies we partner with. I’m honored to be able to represent and support founders as they pursue their wildest ambitions. I came to venture investing to make a difference in the world and I’m constantly inspired by the work of our outstanding teams.
What did you do prior to Palm Drive Capital?
Before joining Palm…
Welcome to the Palm Drive Capital blog!
Since 2014, we’ve had the privilege to work with amazing founders. While our portfolio has evolved over the years, our mission remains the same: to support the most innovative teams across the globe.
Who are we and what do we do?
We started Palm Drive Capital in 2014 with the principle that outstanding founders are everywhere. Prior to forming Palm Drive, we were classmates at Stanford who wanted to make an impact on the world. After several years on independent career paths, we came together in New York to open up shop. From…
Innovators are everywhere.