Investments
47Portfolio Exits
12
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Latest Steve Chen News
Feb 24, 2023
February 24, 2023 - Advertisement - Once the most expensive home in Houston, the sprawling French-style castle will go up for sale late Thursday night, according to The Post. Incredible property located at 100 Carnarvon Drive in the chic Bayou Woods area. made headlines back in 2014 when it hit the market for $43 million. - Advertisement - At the time, this was the highest price for a private residence in the city, but it did not find a buyer, and subsequently this amount was dropped to $30 million . Now, just over a year since the listing was last taken off the market, the luxury estate is back and asking for an incredible $36 million. - Advertisement - The over 26,000-square-foot interior of the hotel was designed by the late David Easton and combines modern neoclassical and impressionist French styles. “Inspired by the palatial estates of Europe, 100 Carnarvon Drive is an unparalleled Houston residence,” Douglas Elliman’s agent Gigi Huang, who owns the 2.33-acre listing with Conrad Molsky and Dastan Gothorp, told The Post. - Advertisement - Exceptional details include “a Parisian-inspired pool, high hand-painted domed ceiling, floral chandelier and French details throughout.” There are also many salons, galleries, gardens and European craftsmanship to enjoy. The house at 100 Carnarvon Drive – once the most expensive home in Houston – will be listed for $36 million. Contributed by Steve Chen Contributed by Steve Chen Quantlab Financial co-founder Wilbur “Ed” Bosarge Jr. purchased the property through a trust in 2010, but the house was not completed until two years later. Contributed by Steve Chen The house has eight bedrooms, a master bedroom with a private terrace and a luxurious spa bath. The seller, Quantlab Financial co-founder Wilbur “Ed” Bosarge Jr., purchased the property through a trust in 2010, but the house wasn’t completed until two years later, according to the Wall Street Journal. previously reported . Bossarge, a billionaire known for wearing a beret, is known for throwing decadent parties. It hit the headlines in 2020 after his divorce from his wife of 22 years, Marie Bossarge, became sloppy. Credit: nypost.com /
Steve Chen Investments
47 Investments
Steve Chen has made 47 investments. Their latest investment was in Jubilee as part of their Series A on September 9, 2022.

Steve Chen Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/28/2022 | Series A | Jubilee | $1.1M | Yes | 2 | |
12/17/2021 | Series A | Otoklix | $10M | Yes | AC Ventures, Alpha JWC Ventures, Prijono Sugiarto, Steve Chen, and Undisclosed Angel Investors | 3 |
11/12/2021 | Seed VC | Beaubble | $2M | Yes | 1 | |
10/21/2021 | Seed VC - II | |||||
5/20/2021 | Seed VC |
Date | 9/28/2022 | 12/17/2021 | 11/12/2021 | 10/21/2021 | 5/20/2021 |
---|---|---|---|---|---|
Round | Series A | Series A | Seed VC | Seed VC - II | Seed VC |
Company | Jubilee | Otoklix | Beaubble | ||
Amount | $1.1M | $10M | $2M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | AC Ventures, Alpha JWC Ventures, Prijono Sugiarto, Steve Chen, and Undisclosed Angel Investors | ||||
Sources | 2 | 3 | 1 |
Steve Chen Portfolio Exits
12 Portfolio Exits
Steve Chen has 12 portfolio exits. Their latest portfolio exit was The News Lens on May 01, 2023.
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 |
---|---|---|---|---|---|
5/1/2023 | Merger | 3 | |||
12/16/2020 | IPO | Public | 40 | ||
9/3/2020 | Acquired | 8 | |||
Date | 5/1/2023 | 12/16/2020 | 9/3/2020 | ||
---|---|---|---|---|---|
Exit | Merger | IPO | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 3 | 40 | 8 |
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