Lydia_Jett

Lydia Jett

Lydia Jett

American venture capitalist.

Lydia Jett (born 1980) is an American venture capitalist and executive at SoftBank Vision Fund.

Quick Facts Born, Citizenship ...

Jett has also held executive positions at Goldman Sachs, J.P. Morgan Securities, Inc. and M/C Partners.

Early life and education

Jett graduated from Smith College and the London School of Economics and Political Science. Jett graduated from the Stanford Graduate School of Business.[1]

Career

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.

In 2015, Jett joined SoftBank Group to help 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,[2] and Investing Partner[3] at Softbank Vision Fund.

Jett led investments in and represented Softbank on the Board of Directors of the firm’s global eCommerce investments including:[4] Coupang,[5] Fanatics,[6] Flipkart[7] and GoTo,[8] collectively the top returning portfolio for Softbank Vision Fund I.[9]

Additionally, Jett and her team led investments into and represented SBIA[10] on the Board of Directors several companies including: Andela, Embark, Klook,[11] LTK,[12] mmhmm, Pacaso, Weee!,[13] Bytedance,[14] ezCater,[15] Aleo,[16] and Quantstamp[17] amongst other investments. Bloomberg reported Jett was departing Softbank in 2024.[18]

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,[19] 10x Genomics[20] and Series A investment into Fetch Robotics[21] (sold to Zebra).[22]

Jett served as an Independent Board Member on the Board of Directors of Coupang, Fanatics[23] and Ozon.

Jett has been recognized by Forbes as “generating one of the largest cash generating returns ever for a start-up investor,[24] published work in Fast Company,[25] been recognized as one of Fortune’s “Most Powerful Women.[26]

References

  1. [1]
    "Lydia Jett Fireside Chat - Splash". lydiajettfiresidechat.splashthat.com. Retrieved 2024-03-08.
  2. [2]
    "SoftBank's Vision Fund Adds New Leaders, First Woman Managing Partner". Bloomberg.com. 2021-11-22. Retrieved 2024-02-27.
  3. [3]
    "SoftBank's Vision Fund Promotes Lydia Jett to Partner". Yahoo Finance. 2019-03-22. Retrieved 2024-02-27.
  4. [4]
    "Delivering Alpha 2023 Advisory Board: Lydia Jett". CNBC. 2023-06-16. Retrieved 2024-02-27.
  5. [5]
    Wang, Selina (2018-11-20). "SoftBank to Invest $2 Billion in Korean E-Commerce Site Coupang". Bloomberg News. Retrieved 2024-02-27.
  6. [6]
    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.
  7. [7]
    Russell, Jon (2017-08-10). "SoftBank's Vision Fund backs Flipkart in record India tech investment". TechCrunch. Retrieved 2024-02-27.
  8. [8]
    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.
  9. [9]
    Konrad, Alex. "The Surprise Investors Who Scored Billions From Coupang's IPO". Forbes. Retrieved 2024-02-27.
  10. [10]
    "Lydia Jett, Managing Partner". SoftBank Vision Fund. Retrieved 2024-02-27.
  11. [11]
    Hamdi, Raini (2019-04-09). "Klook Receives $225 Million SoftBank Investment in Nod to Tours and Activities". Skift. Retrieved 2024-03-08.
  12. [12]
    "LTK Announces SoftBank Vision Fund 2 Investment". LTK (Press release). 2021-11-22. Retrieved 2024-03-08.
  13. [13]
    "Ethnic E-Grocer Weee! Raises $425 Million Series E Round Led by SoftBank Vision Fund 2". PR Newswire (Press release). Retrieved 2024-03-08.
  14. [14]
    "Bytedance to raise money from SoftBank at $75bn valuation". Financial Times. 2018-09-28. Retrieved 2024-02-27.
  15. [15]
    "ezCater Raises $100 Million to Scale Corporate Food Solutions and Redefine Food for Work". ezCater (Press release). Retrieved 2024-02-27.
  16. [16]
    "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.
  17. [17]
    Ryan, Aiden; Clark, Kate (2022-07-21). "An 'Exceptionally High' Bar: Investors Shift Focus in New Crypto Deals". The Information. Retrieved 2024-02-27.
  18. [18]
    Tan, Gillian; Lee, Min Jeong (February 19, 2024). "SoftBank Vision Fund Americas Managing Partner Jett to Depart". Bloomberg News. Retrieved 2024-03-08.
  19. [19]
    "Guardant Health Raises Nearly $100M in Series D Funding". GenomeWeb. 2016-01-07.
  20. [20]
    Taylor, Nick Paul (2016-03-21). "10X Genomics scoops another $55M to fuel commercialization of long-read tech". Fierce Biotech.
  21. [21]
    "SoftBank Leads $20 Million Investment in Fetch Robotics". Business Wire (Press release). 2015-06-17. Retrieved 2024-02-27.
  22. [22]
    Crowe, Steve (2021-07-01). "Fetch Robotics acquired by Zebra Technologies for $290M". The Robot Report. Retrieved 2024-02-27.
  23. [23]
    "Fanatics Announces Appointment of Lydia Jett and Jonathan Mildenhall to Board of Directors". Fanatics Inc (Press release). 2023-05-05. Retrieved 2024-03-08.
  24. [24]
    Konrad, Alex (May 15, 2021). "The Surprise Investors Who Scored Billions From Coupang's IPO". Forbes. Retrieved 2024-03-08.
  25. [25]
    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.
  26. [26]
    Hinchliffe, Emma (2019-10-21). "Inside Fortune's Most Powerful Women Summit: The Broadsheet". Fortune. Retrieved 2024-02-27.
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