Former FTX Ventures Head Joins Menlo Ventures to Lead Consumer, Gaming Investments
• Former FTX Ventures head Amy Wu has joined Menlo Ventures as a general partner.
• She will lead investments in the consumer and gaming sectors.
• Menlo Ventures is an investment firm with over $5 billion in assets under management, including early investments in companies such as Uber, Roku and Warby Parker.
Amy Wu Joins Menlo Ventures
Former FTX Ventures head Amy Wu has joined Menlo Ventures, an investment firm with more than $5 billion in assets under management, as a general partner to lead investments in the consumer and gaming sectors.
Previous Role at FTX
Wu resigned from her position at FTX Ventures last November due to a liquidity crisis that resulted in bankruptcy and criminal charges for founder Sam Bankman-Fried and other executives. Prior to this role, she led investments in consumer, gaming and blockchain at Lightspeed Venture Partners.
Menlo Venture’s Portfolio Companies
Menlo Venture’s portfolio includes early bets on Uber, Roku and Warby Parker, among others. The firm invests in companies from early stages to initial public offerings across a number of sectors such as artificial intelligence (AI), healthcare and financial technology.
Focus Areas for Investment
At Menlo Ventures, Wu will focus on making early-stage investments within the areas of technology-driven categories such as gaming, blockchain and new consumer experiences made possible by tech shifts like generative AI.
Background of Amy Wu
Amy Wu has extensive experience both as an investor and operator across various consumer businesses which makes her well suited for her new role at Menlo Ventures.