Is this true that 98% of startups are not fundable? In this episode, David shares with us his American dream, his journey from being an engineering, transition into a serial entrepreneur, and eventually turn into a successful VC. We discussed:
How to lead the business and make the right decision during challenges?
What makes a successful entrepreneur & VC?
What is the future for healthcare tech?
How to successfully raise money?
David is a pioneer and passionate leader of the venture capital ecosystem in Silicon Valley and built the F50 ecosystem system, where he drove the selection of 500 startups to the F50 platform, and lead the investment into 30 of them, including Knightsope (IPO 2021), Doc.AI (Sold at 20X), Plastic, Flirtey, Oculii, Seven.ai, Zeitro, Voke VR (Sold to Intel), Invi (Sold to Google), David has intensive experience in healthtech, deeptech.
David founded Silicon Valley’s largest grassroots entrepreneur community SVE, where he hosted SVE Talk and SVE Demo. He is the producer of F50 Global Capital Summit, and F50 Global Insights youtube channel. He is also serving or served as an advisor for DocuSign, Ehouse Capital, Peakview Fund of Fund. David Cao was the Founder & CEO of GWC US (Sold to holding company); the founding president of the Silicon Valley Entrepreneur Toastmaster Club; founder and CEO of ExtendLogic (Acquired by BeyondSoft). Prior, he was the VP of Engineering at PlayPhone (Acquired by Gungho), a leading mobile entertainment in USA, and Engineering lead for LightSurf, acquired by VeriSign for 274M USD.