Lydia Jett
Lydia Jett | |
|---|---|
 | |
| Born | November 1980 (age 44) |
| Citizenship | United States of America |
| Alma mater | Stanford Graduate School of Business, London School of Economics and Political Science, Smith College, Mountain View High School |
| Occupation(s) | Venture capitalist, Investor, Board Member |
| Known for | Businessperson |
Lydia Jett (born 1980) is an American venture capitalist and former executive at SoftBank Vision Fund.[1] Ms. Jett is an independent board member at Walmart-owned Flipkart[2] and Fanatics.[3]
Jett has also held executive positions at Goldman Sachs, J.P. Morgan Securities, Inc. and M/C Partners.
Career
[edit]In 2015, Jett joined SoftBank Group to launch their growth equity efforts. In 2017, Jett was a founding member of the Softbank Vision Fund, where she became Managing Partner and Head of the Consumer Internet Sector. Jett was the first woman named to Investing Managing Partner,[4] and Investing Partner[5] at Softbank Vision Fund.
Jett led investments in and represented Softbank on the Board of Directors of the firm’s global eCommerce investments including:[6] Coupang,[7] Fanatics,[8] Flipkart[9] and GoTo,[10] collectively the top returning portfolio for Softbank Vision Fund I.[11]
Additionally, Jett and her team led investments into and represented SBIA[12] on the Board of Directors several companies including: Andela, Embark, Klook,[13] LTK,[14] mmhmm, Pacaso, Weee!,[15] Bytedance,[16] ezCater,[17] Aleo,[18] and Quantstamp[19] amongst other investments. Bloomberg reported Jett was departing Softbank in 2024.[20]
Prior to launching SBIA, Jett was a senior member of the investment team at Softbank Group Corporation International (SBGI) where she helped lead SBGI’s Series D investments in Guardant Health,[21] 10x Genomics[22] and Series A investment into Fetch Robotics[23] (sold to Zebra).[24]
Jett served as an Independent Board Member on the Board of Directors of Coupang, Fanatics,[25] Flipkart and Ozon.
Jett has been recognized by Forbes as “generating one of the largest cash generating returns ever for a start-up investor,[26] published work in Fast Company,[27] been recognized as one of Fortune’s “Most Powerful Women.[28]
Previously, Jett worked as an investment banking analyst at JPMorgan in New York, before working at Goldman Sachs in the Principal Investment Area and M/C Partners.
References
[edit]- ^ "Softbank Vision Fund Americas Managing Partner to Depart". Bloomberg.
- ^ "Former Softbank Managing Partner Lydia Jett Rejoins Flipkart's Board". Business Standard.
- ^ "Fanatics Announces Appointment of Lydia Jett and Jonathan Mildenhall to Board of Directors". Fanatics.com.
- ^ "SoftBank's Vision Fund Adds New Leaders, First Woman Managing Partner". Bloomberg.com. 2021-11-22. Retrieved 2024-02-27.
- ^ "SoftBank's Vision Fund Promotes Lydia Jett to Partner". Yahoo Finance. 2019-03-22. Retrieved 2024-02-27.
- ^ "Delivering Alpha 2023 Advisory Board: Lydia Jett". CNBC. 2023-06-16. Retrieved 2024-02-27.
- ^ Wang, Selina (2018-11-20). "SoftBank to Invest $2 Billion in Korean E-Commerce Site Coupang". Bloomberg News. Retrieved 2024-02-27.
- ^ Loizos, Connie (2017-09-06). "Given an assist, sports e-commerce giant Fanatics closes that $1 billion round led by SoftBank". TechCrunch. Retrieved 2024-02-27.
- ^ Russell, Jon (2017-08-10). "SoftBank's Vision Fund backs Flipkart in record India tech investment". TechCrunch. Retrieved 2024-02-27.
- ^ Russell, Jon (2018-12-12). "Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank's Vision Fund". TechCrunch. Retrieved 2024-02-27.
- ^ Konrad, Alex. "The Surprise Investors Who Scored Billions From Coupang's IPO". Forbes. Retrieved 2024-02-27.
- ^ "Lydia Jett, Managing Partner". SoftBank Vision Fund. Retrieved 2024-02-27.
- ^ Hamdi, Raini (2019-04-09). "Klook Receives $225 Million SoftBank Investment in Nod to Tours and Activities". Skift. Retrieved 2024-03-08.
- ^ "LTK Announces SoftBank Vision Fund 2 Investment". LTK (Press release). 2021-11-22. Retrieved 2024-03-08.
- ^ "Ethnic E-Grocer Weee! Raises $425 Million Series E Round Led by SoftBank Vision Fund 2". PR Newswire (Press release). Retrieved 2024-03-08.
- ^ "Bytedance to raise money from SoftBank at $75bn valuation". Financial Times. 2018-09-28. Retrieved 2024-02-27.
- ^ "ezCater Raises $100 Million to Scale Corporate Food Solutions and Redefine Food for Work". ezCater (Press release). Retrieved 2024-02-27.
- ^ "Aleo Raises $200M in Series B to Expand Private-by-Default, Blockchain Platform | Aleo Blog". Aleo (Press release). 2022-02-07. Retrieved 2024-02-27.
- ^ Ryan, Aiden; Clark, Kate (2022-07-21). "An 'Exceptionally High' Bar: Investors Shift Focus in New Crypto Deals". The Information. Retrieved 2024-02-27.
- ^ Tan, Gillian; Lee, Min Jeong (February 19, 2024). "SoftBank Vision Fund Americas Managing Partner Jett to Depart". Bloomberg News. Retrieved 2024-03-08.
- ^ "Guardant Health Raises Nearly $100M in Series D Funding". GenomeWeb. 2016-01-07.
- ^ Taylor, Nick Paul (2016-03-21). "10X Genomics scoops another $55M to fuel commercialization of long-read tech". Fierce Biotech.
- ^ "SoftBank Leads $20 Million Investment in Fetch Robotics". Business Wire (Press release). 2015-06-17. Retrieved 2024-02-27.
- ^ Crowe, Steve (2021-07-01). "Fetch Robotics acquired by Zebra Technologies for $290M". The Robot Report. Retrieved 2024-02-27.
- ^ "Fanatics Announces Appointment of Lydia Jett and Jonathan Mildenhall to Board of Directors". Fanatics Inc (Press release). 2023-05-05. Retrieved 2024-03-08.
- ^ Konrad, Alex (May 15, 2021). "The Surprise Investors Who Scored Billions From Coupang's IPO". Forbes. Retrieved 2024-03-08.
- ^ Jett, Lydia (2021-03-11). "Look out, Amazon. Asia-based companies such as Coupang are leading the next e-commerce revolution". Fast Company. Retrieved 2024-03-08.
- ^ Hinchliffe, Emma (2019-10-21). "Inside Fortune's Most Powerful Women Summit: The Broadsheet". Fortune. Retrieved 2024-02-27.