CEO and Cofounder, Canva
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As the boss at China-based early-stage venture-capital firm ZhenFund, Anna Fang manages an enviable portfolio of some 700 companies, including 10 China-based unicorns.
Fang, who began her career as an investment banker at JPMorgan in New York, has established ZhenFund’s reputation as a seed investor in some of China’s most impressive startups.
Fang’s hits since joining the company as founding partner in 2011 include $2 billion valued consumer cosmetics brand Perfect Diary, English-learning platform VIPKid, now valued at over $3 billion, and social shopping app Xiaohongshu (RED), which has a valuation of $6 billion.
Outside consumer tech, Fang has been no less successful, scoring wins with AI startups Yitu and Horizon Robotics, as well as agricultural e-commerce company Meicai, which in July said it was seeking an additional $500 million funding with a valuation as high as $12 billion.
Fang has said that her investment strategy relies not just on identifying great ideas, but also great people. She also believes that while mentorship is crucial, it is just as important to give founders space to exercise their creativity.