Lydia Jett

From Wikipedia, the free encyclopedia
Lydia Jett
BornNovember 1980 (age 43)
CitizenshipUnited States of America
Alma materStanford Graduate School of Business, London School of Economics and Political Science, Smith College, Mountain View High School
Occupation(s)Venture capitalist, Investor, Board Member
Known forBusinessperson

Lydia Jett (born 1980) is an American venture capitalist, Independent Board Director, a Founding Partner of Softbank Investment Advisors and formerly Managing Partner and Head of Consumer Internet Sector at SoftBank Vision Fund.

Jett has also held executive positions at Goldman Sachs, J.P. Morgan Securities, Inc. and M/C Partners, a growth equity firm.

Early life and education[edit]

Jett graduated from Smith College and the London School of Economics and Political Science. Jett graduated from the Stanford Graduate School of Business.[1]

Career[edit]

Jett worked as an investment banking analyst at JPMorgan in New York. Subsequently, Jett worked at Goldman Sachs in the Principal Investment Area and invested in growth stage companies at M/C Partners.

In 2015, Jett joined Softbank Group International to help launch their growth equity efforts. In 2017, Jett was a founding member of the Softbank Vision Fund, where she rose to Managing Partner and Head of the Consumer Internet Sector. Jett was the first woman named to Investing Managing Partner,[2] and Investing Partner[3] at Softbank Vision Fund.

Jett led investments in and represented Softbank on the Board of Directors of the firm’s global eCommerce investments including:[4] Coupang,[5] Fanatics,[6] Flipkart[7] and GoTo,[8] collectively the top returning portfolio for Softbank Vision Fund I.[9]

Additionally, Jett and her team led investments into and represented SBIA[10] on the Board of Directors several companies including: Andela, Embark, Klook,[11] LTK,[12] mmhmm, Pacaso, Weee!,[13] Bytedance,[14] ezCater,[15] Aleo,[16] and Quantstamp[17] amongst other investments. Bloomberg reported Jett was departing Softbank in 2024.[18]

Prior to launching SBIA, Jett was a senior member of the investment team at Softbank Group Corporation International (SBGI) where she helped lead SBGI’s Series D investments in Guardant Health,[19] 10x Genomics[20] and Series A investment into Fetch Robotics[21] (sold to Zebra).[22]

Jett served as an Independent Board Member on the Board of Directors of Coupang, Fanatics[23] and Ozon.

Jett has been recognized by Forbes as “generating one of the largest cash generating returns ever for a start-up investor,[24] published work in Fast Company,[25] been recognized as one of Fortune’s “Most Powerful Women.[26]

References[edit]

  1. ^ "Lydia Jett Fireside Chat - Splash". lydiajettfiresidechat.splashthat.com. Retrieved 2024-03-08.
  2. ^ "SoftBank's Vision Fund Adds New Leaders, First Woman Managing Partner". Bloomberg.com. 2021-11-22. Retrieved 2024-02-27.
  3. ^ "SoftBank's Vision Fund Promotes Lydia Jett to Partner". Yahoo Finance. 2019-03-22. Retrieved 2024-02-27.
  4. ^ "Delivering Alpha 2023 Advisory Board: Lydia Jett". CNBC. 2023-06-16. Retrieved 2024-02-27.
  5. ^ Wang, Selina (2018-11-20). "SoftBank to Invest $2 Billion in Korean E-Commerce Site Coupang". Bloomberg News. Retrieved 2024-02-27.
  6. ^ Loizos, Connie (2017-09-06). "Given an assist, sports e-commerce giant Fanatics closes that $1 billion round led by SoftBank". TechCrunch. Retrieved 2024-02-27.
  7. ^ Russell, Jon (2017-08-10). "SoftBank's Vision Fund backs Flipkart in record India tech investment". TechCrunch. Retrieved 2024-02-27.
  8. ^ Russell, Jon (2018-12-12). "Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank's Vision Fund". TechCrunch. Retrieved 2024-02-27.
  9. ^ Konrad, Alex. "The Surprise Investors Who Scored Billions From Coupang's IPO". Forbes. Retrieved 2024-02-27.
  10. ^ "Lydia Jett, Managing Partner". SoftBank Vision Fund. Retrieved 2024-02-27.
  11. ^ Hamdi, Raini (2019-04-09). "Klook Receives $225 Million SoftBank Investment in Nod to Tours and Activities". Skift. Retrieved 2024-03-08.
  12. ^ "LTK Announces SoftBank Vision Fund 2 Investment". LTK (Press release). 2021-11-22. Retrieved 2024-03-08.
  13. ^ "Ethnic E-Grocer Weee! Raises $425 Million Series E Round Led by SoftBank Vision Fund 2". PR Newswire (Press release). Retrieved 2024-03-08.
  14. ^ "Bytedance to raise money from SoftBank at $75bn valuation". Financial Times. 2018-09-28. Retrieved 2024-02-27.
  15. ^ "ezCater Raises $100 Million to Scale Corporate Food Solutions and Redefine Food for Work". ezCater (Press release). Retrieved 2024-02-27.
  16. ^ "Aleo Raises $200M in Series B to Expand Private-by-Default, Blockchain Platform | Aleo Blog". Aleo (Press release). 2022-02-07. Retrieved 2024-02-27.
  17. ^ Ryan, Aiden; Clark, Kate (2022-07-21). "An 'Exceptionally High' Bar: Investors Shift Focus in New Crypto Deals". The Information. Retrieved 2024-02-27.
  18. ^ Tan, Gillian; Lee, Min Jeong (February 19, 2024). "SoftBank Vision Fund Americas Managing Partner Jett to Depart". Bloomberg News. Retrieved 2024-03-08.
  19. ^ "Guardant Health Raises Nearly $100M in Series D Funding". GenomeWeb. 2016-01-07.
  20. ^ Taylor, Nick Paul (2016-03-21). "10X Genomics scoops another $55M to fuel commercialization of long-read tech". Fierce Biotech.
  21. ^ "SoftBank Leads $20 Million Investment in Fetch Robotics". Business Wire (Press release). 2015-06-17. Retrieved 2024-02-27.
  22. ^ Crowe, Steve (2021-07-01). "Fetch Robotics acquired by Zebra Technologies for $290M". The Robot Report. Retrieved 2024-02-27.
  23. ^ "Fanatics Announces Appointment of Lydia Jett and Jonathan Mildenhall to Board of Directors". Fanatics Inc (Press release). 2023-05-05. Retrieved 2024-03-08.
  24. ^ Konrad, Alex (May 15, 2021). "The Surprise Investors Who Scored Billions From Coupang's IPO". Forbes. Retrieved 2024-03-08.
  25. ^ Jett, Lydia (2021-03-11). "Look out, Amazon. Asia-based companies such as Coupang are leading the next e-commerce revolution". Fast Company. Retrieved 2024-03-08.
  26. ^ Hinchliffe, Emma (2019-10-21). "Inside Fortune's Most Powerful Women Summit: The Broadsheet". Fortune. Retrieved 2024-02-27.

External links[edit]

  • Barron’s[1]
  • CNBC[2]
  • CNBC Delivering Alpha[3]
  • Fast Company[4]
  • Forbes Iconoclast Summit,[5] Advisory Board Member[6]
  • Fortune Brainstorm Tech 2022,[7] and Fortune Brainstorm Tech 2018[8]
  • Fortune Most Powerful Women[9]
  • Invest Like the Best with Patrick O’Shaughnessy [10]
  • Slush[11]
  • The Consumer VC Podcast[12]
  • The Upfront Summit [13]
  • WSJ Tech Live [14]
  1. ^ Savitz, Eric J. (2021-06-17). "Where SoftBank's Lydia Jett Sees Opportunities in Tech Innovation". Barron's (Interview). Retrieved 2024-02-27.
  2. ^ "Watch CNBC's full interview with Softbank Vision Fund partner Lydia Jett on Coupang". CNBC (Interview). Retrieved 2024-02-27.
  3. ^ Picker, Leslie (2023-10-10). "Finding the Alpha in Tech". CNBC (Interview). Retrieved 2024-02-27.
  4. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  5. ^ "2023 Forbes Iconoclast Summit: Titans Of Investing". Forbes. Retrieved 2024-02-27.
  6. ^ "Forbes Announces The Inaugural Iconoclast Summit To Convene The World's Most Iconic Financial Titans". Forbes (Press release). Retrieved 2024-03-08.
  7. ^ Brainstorm Tech 2022: Investing In Today's Turbulent Market. Brainstorm Tech 2022. Fortune. 2022-07-14. Retrieved 2024-02-27.
  8. ^ Primack, Dan (2018-07-17). "Here's Why SoftBank Invests In Multiple Ride-Hailing Companies". Axios (Interview). 1:40. Retrieved 2024-02-27 – via Fortune.
  9. ^ Cite error: The named reference Hinchliffe2019 was invoked but never defined (see the help page).
  10. ^ "Invest Like the Best with Patrick O'Shaughnessy: Lydia Jett - Investing in E-commerce on Apple Podcasts". Apple Podcasts (Podcast). Retrieved 2024-02-27.
  11. ^ "Where there is less development. there is vast opportunities for Innovation." - Lydia Jett, Partner at Softbank Investment Advisers, and we couldn't... Slush 2019. Retrieved 2024-02-27 – via Facebook.
  12. ^ "The Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands: Lydia Jett (SoftBank) - How she invests in eCommerce at a global scale, How to evaluate emerging markets, and Learnings from 2022 on Apple Podcasts". Apple Podcasts (Podcast). Retrieved 2024-02-27.
  13. ^ Bettinelli, Greg (2018-02-26). The Rise of the Mega Fund - Softbank's Vision Fund. Upfront Summit 2018. Retrieved 2024-02-27 – via YouTube.
  14. ^ Lydia Jett. WSJ Tech Live. Retrieved 2024-02-27.