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Richard Jhang

Richard Jhang

VC & Advisor | Applied AI at every inflection — growth (Andra) and early-stage (StratMinds)

San Francisco, California, United StatesVenture Capital & Private Equity
Company
StratMinds
Title
Ceo & General Partner
Seniority
C Suite
Department
C Suite
Location
San Francisco, California, United States
Industry
Venture Capital & Private Equity

About

Richard Jhang invests and advises across the applied-AI spectrum — from formative innovation to global scale. He serves as CEO / Partner of StratMinds, an SF–based early-stage VC and advisory firm focused on applied AI. StratMinds partners with founders to turn new innovations into defensible businesses. Its advisory arm channels frontier insights from early-stage markets to guide corporate and sovereign AI initiatives. The firm is powered by operators who have scaled products to over two billion users globally, combining deep product intuition with disciplined capital. As Partner at Andra Capital, an SF–based growth-stage VC, Richard leads the firm’s AI investment strategy, deploying capital into later-stage technology companies that are scaling transformative AI globally. The Andra team — entrepreneurs and financiers behind many of the past decade’s defining technology firms — brings a rigorous, global approach to scaling frontier innovation. Together they back builders advancing AI’…

Experience

Ceo & General Partner

StratMinds · San Francisco, California, United States

Present

Leads StratMinds’ early-stage VC investments and advisory businesses focused on applied AI.

Partner, Andra Capital

Andra · San Francisco, California, United States

Present

Manages Andra Capital's investments in AI startups (later stage / Series B to pre IPO).

Strategic Advisor & Board Member

Various Startups, Incubators, and Forum

Present

Strategic advisor / board member to tech firms, providing guidance on strategy, business model, product design, user experience, product development, operating model, go-to-market strategy, pricing, customer success and growth, and profitability.

Advisor / Associate

Creative Destruction Lab · Montreal, Quebec, Canada

Present

Advising and supporting the innovative early-stage artificial intelligence ventures of CDL with their strategy, business model, product design, funding, pricing, GTM, business development, customer success, and growth.

Summit Fellows | Mentor

Summit

Present

Advising ambitious startups so they can be more successful and impactful.

Chief Innovation Officer & Leader of Applied Ai, Global Services

IBM

Led the business/operating model innovation with an emphasis on expanding its new hyper-growth businesses to reinvent the Fortune 50 company. Worked on new businesses strategy, GTM, and corporate development focusing on Applied Artificial Intelligence and new business models. Founded IBM's Applied AI Strategy business and advised the company's top-tier Fortune 50 clients with CXO-led strategic initiatives / customer success efforts.

Senior Partner, Leader of Technology (Strategy & Advisory)

Strategy&

Started PwC and Strategy&'s consulting businesses. Founded 7 new businesses, including Strategy, Transformation, Analytics, AI, and Corporate Development / Transaction Support. Led the firm's global groups for Tech Strategy, Analytics, and Transformation. Led the development of asset-based services and the productization of the firm's algorithmic assets which led to the formation of its data business that enabled greater assetization and predictive delivery of data science services. Was part of the business leadership at both North American and Global levels to drive strategic business agendas, including key acquisitions, integrations, and partnership/consortium deals. (Strategy& was formed on March 31, 2014, when Booz & Company combined with PwC to create a new kind of global strategy consulting business. The largest professional services network in the world, PwC operates in 157 countries.)

Leader of Technology Infrastructure

Capgemini

Founded and led the Technology Infrastructure Services to help companies build their large-scale data center, server/storage, and internet infrastructure services with flexible automation. Helped close/transform large-scale managed services deals and digital transformation programs. Later joined the Telecom, Media & Entertainment to lead its Architecture competency and to enable its revenue optimization/growth management initiative at a strategic telco & media client.

Senior Enterprise Architect, Global Professional Services and Systems Engineering

Spyn, Inc. (Startup, acquired by Uptime)

Drove the global professional services for large-scale Sun Microsystems projects that formed the foundation of major analytics systems, ISPs, internet data centers, and application services. Helped Spyn design the Uptime systems monitoring and management systems, incorporating the field insights.

Senior Security Architect, Cyber Security Systems Engineering

Axent, Inc. (Startup, acquired by Symantec; now part of Broadcom)

AXENT Technologies, Inc. provides electronic security software solutions that address security issues of organizations deploying business applications over the Internet or internally via intranets. In December 2000, AXENT was acquired by Symantec Corporation. Advised North American Fortune 500 financial services and telecom companies with enterprise security architecture and automated security management and incident prevention.

Education

Harvard Business School

Digital Strategy: Strategy in Digital Age, Digital Business Model, Digital Competition, (HBS Executive Program)

Massachusetts Institute of Technology

Entrepreneurship, (Emeritus Executive Program)

Stanford University

Machine Learning: Artificial Intelligence, Neural Network, Learning Algorithms, (Stanford | Online)

University of Cambridge

Contract Law, Tort Law, Criminal Law, and Public Law, (LLB Revision)

CFA Institute

Chartered Financial Analyst (CFA Charter), Financial Analysis, Corporate Development, M&A, JV, Private Equity, Venture Capital, etc

McGill University

Bachelor's, Computer & Finance (Dual)

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