Meet Race Capital. Calling for Leadership for the Next Generation Of Startups

Chris McCann
RaceCapital
Published in
3 min readMay 27, 2020

We are excited to officially announce Race Capital, a new venture capital fund being led by Alfred Chuang, Phil Chen, Chris McCann, and Edith Yeung.

Together we have been starting, building, and investing in technology companies across the enterprise, infrastructure, and mobile industries for the past two decades. The four of us are now coming together to partner with exceptional founders who are building meaningful companies that will drive long term societal change across the world.

Operating as a Software Company

We run Race Capital like a software company — with a clear vision for the world, for the economy and for our fund. We operate with the diligence of building a software product and run finance as tight as if it is a public company.
Alfred Chuang, General Partner at Race Capital.

We believe:

Speed Conquers All

We believe building a startup really is like a race — it requires super thoughtful planning and speedy execution with building the best product, assembling a world-class team, advisors, and boards of directors, flawless go-to-market and all the capital (the best F1 teams have a budget of more than 500M Euro a year each!). Speed conquers all, we work with only the best and most dedicated entrepreneurs to change the world.

Timing is Everything

We believe that this period of time will create the greatest opportunities of our generation. In the world of uncertainty, we are already seeing major behavior changes in our lives, workplace, economy, and markets. These behavior shifts will create a new and improved future. We also believe crisis creates a unique timing opportunity to start breakthrough companies. During the 2008 financial crisis, these incredibly successful companies were founded including: Slack, Square, Credit Karma, Github, Twilio, MongoDB, Lyft, Uber, among many others.

There will be many more market transforming companies to come.

It’s all about the people

We believe the best founders are execution driven, adaptable, determined, have a clear vision of the future, and never take no for an answer. We love working with founders who share our level of dedication and passion towards creating a brighter future for many generations to come, working on companies that matter to humanity, and building companies we can tell our grandchildren about.

In a world of uncertainty, we are seeing major behavioral, economic and market shifts of our lifetime. This period of time will create the greatest opportunities of our generation and also the biggest test of true leadership. This is the time when experience matters.

If you are building a meaningful company, we would love to hear from you. Email deals@race.capital to reach out to us.

About Race Capital

Race Capital is an early stage technology venture fund based in Silicon Valley. Race Capital invests, builds, and partners with exceptional founders building market-transforming companies. We work side by side with our founders as early as possible, every step of the way. We have successfully built our own companies from small to big, from nothing to IPO, and we want to help you to do the same. Speed conquers all, we work with only the best and most dedicated entrepreneurs to change the world.

Website: www.race.capital
Twitter: www.twitter.com/proofofcapital
Linkedin: https://www.linkedin.com/company/racecapital/
YouTube: https://www.youtube.com/channel/UCX0NLSdOHX3e6uXBVCYsdow
Read our manifesto https://race.capital/manifesto

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Chris McCann
RaceCapital

Partner @RaceCapital, former community lead at Greylock Partners, founder of StartupDigest