Fusion Fund

includes Fusion Fund I, Fusion Fund II

11 statements across 1 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Aug 5, 2019 by Lu Zhang · said 21 times in 2 episodes since 2019 · across every show →

Mentions by year, the whole family

brought up most by Nathan Latka (17), Lu Zhang (3), Derek Wang (1)

tap a year for its mentions
001312522019episodesmentions
0122019episodes it came up in
007.511522019episodesmentions per episode
2019 21 mentions in 2 episodes 11 per episode

every mention, scene by scene, with the transcript →

Everything said about Fusion Fund, oldest first

Aug 5, 2019
Disclosure
Lu Zhang: Fusion Fund II Reached Almost $90 Million
“Actually, second fund size is actually almost ninety million dollars.”
Lu Zhang Aug 5, 2019 ▶ 14:13 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019
Disclosure
Lu Zhang: Under 30% of Fund II Capital Came From Fund I LPs
“I think around less than 30%.”
Lu Zhang Aug 5, 2019 ▶ 14:31 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019
Assertion Supported
Zhang: Fusion Fund I raised $17 million
“Actually, it was 17.”
Lu Zhang Aug 5, 2019 ▶ 5:14 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019 bearish
Opinion
Lu Zhang: AI advantages are in industry and healthcare, not consumer apps
“It's hard to name one killer app for AI application for consumer facing, like, companies or product. But when we see like AI in industry or AI in healthcare, you could see the full capacity and also advantages to use this technology.”
Lu Zhang Aug 5, 2019 ▶ 13:47 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019 positive
Assertion Not checkable as stated
Lu Zhang: Fusion Fund portfolio company Stratify generates over $40M annual revenue
“So, so far they have more than like forty million dollars annual revenue.”
Lu Zhang Aug 5, 2019 ▶ 6:47 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019 positive
Disclosure
Zhang: Fusion Fund uses proprietary database for outbound sourcing
“We also have an internal database. That might be not be quite common to see in the smaller firm size like us when we first started, but I believe in data's power. We always talk about empower different, even like empower legacy industry with big data, and we c…”
Lu Zhang Aug 5, 2019 ▶ 11:21 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019
Assertion Supported
Zhang: Fusion Fund manages over $100M for early-stage tech investing
“So far we have more than a hundred million dollars and the management for early stage technology investment.”
Lu Zhang Aug 5, 2019 ▶ 5:03 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019
Disclosure
Zhang: Fusion Fund required $1M to $2M minimum LP checks
“Okay, so for LP, minimum check size is one to two million dollars.”
Lu Zhang Aug 5, 2019 ▶ 5:22 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019 bullish
Assertion Contradicted
Lu Zhang: Fusion Fund's GrubMarket investment is up over 100x
“That company, I think the valuation goes up more than a hundred times.”
Lu Zhang Aug 5, 2019 ▶ 12:25 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019 bullish
Assertion Not publicly verifiable
Lu Zhang: GrubMarket generates over $100M in revenue in 2019
“So far, I think they have more than a hundred million dollar revenues for this year.”
Lu Zhang Aug 5, 2019 ▶ 12:13 1472 How She Raised Her Own $90m Fund at 29 Years Old
Aug 5, 2019
Disclosure
Lu Zhang: Over 90% of Fund I LPs Re-invested in Fusion Fund II
“I think most of more than 90% of the fund one LP also putting money into fund two.”
Lu Zhang Aug 5, 2019 ▶ 14:19 1472 How She Raised Her Own $90m Fund at 29 Years Old
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.