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Angel Investor (Individual)
blog.rchen.net

Investments

24

Portfolio Exits

13

About Richard Chen

Richard Chen is a Oakland, CA, USA-based angel investor who typically invests $25K-$100K in young companies. Chen prefers to invest in companies with at least one technical founder at an early stage looking to solve a worthwhile problem. Chen is a former entrepreneur and aims to provide value to founders on hiring, product development, and marketing. He worked formerly at Google where he served as a Senior Business Product Manager.

Headquarters Location

Oakland, California,

United States

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Latest Richard Chen News

Fugitive extradited from Singapore to Oakland after 20 years

Nov 22, 2022

goodwordnews 15 mins ago A woman who had been on the run from federal authorities for 20 years made her first appearance in an Oakland court after being extradited from Singapore, US prosecutors said. Voni Chen, now 57, from Taiwan, and her father, Richard Chen, 87, were originally charged in 2000 with mail fraud relating to their manufacturing business. The couple submitted fake invoices to a credit company in order to receive more than $5 million in loan funds, federal prosecutors said. Both Voni and Richard Chen pleaded guilty to the charges in 2001, but did not appear for sentencing hearings in 2002. Warrants were issued for their arrests, and the two men were on the run for more than 20 years until Singaporean officials alerted US authorities that they were in Singapore and arrested them. “After the Chens consented to their extradition to the United States, the Minister of Justice of Singapore ordered their extradition,” prosecutors said. Voni Chen was flown to the United States last week and made her first court appearance on Friday. Richard Chen is still waiting for his transport. Los Angeles Times Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. goodwordnews 15 mins ago

Richard Chen Investments

24 Investments

Richard Chen has made 24 investments. Their latest investment was in Virgo Surgical Video Solutions as part of their Seed VC on June 6, 2018.

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Richard Chen Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/20/2018

Seed VC

Virgo Surgical Video Solutions

$1.49M

Yes

1

6/29/2015

Series D

Onefinestay

$40M

Yes

3

8/28/2014

Seed VC

MakeLeaps

$0.6M

Yes

2

5/22/2014

Series A

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$99M

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10

5/1/2014

Series D

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$99M

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10

Date

6/20/2018

6/29/2015

8/28/2014

5/22/2014

5/1/2014

Round

Seed VC

Series D

Seed VC

Series A

Series D

Company

Virgo Surgical Video Solutions

Onefinestay

MakeLeaps

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Amount

$1.49M

$40M

$0.6M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

3

2

10

10

Richard Chen Portfolio Exits

13 Portfolio Exits

Richard Chen has 13 portfolio exits. Their latest portfolio exit was Chewse on July 13, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/13/2020

Acquired

$99M

4

4/12/2019

Acquired

$99M

1

10/29/2018

Acquired

$99M

1

9/21/2018

IPO

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$99M

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10

2/8/2018

Acquired

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$99M

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10

Date

7/13/2020

4/12/2019

10/29/2018

9/21/2018

2/8/2018

Exit

Acquired

Acquired

Acquired

IPO

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

4

1

1

10

10

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