# Steve Chen: angel investments and portfolio

> Steve Chen is an angel. 20 investments on record, latest Dec 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/steve-chen (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Steve Chen

Last cheque observed Dec 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Angel

Seed Series A Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 20 on record

Since the last cheque **2508** days **00** hrs **00** min **00** sec

Median round **$4.0M** Rounds led **0 of 20** Exits **4 from the portfolio** Mostly in **United States, 85%**

Pitch Steve Chen

## Steve Chen highlights

- 01 20 rounds on record
- 02 Mostly Seed and Series A: 89% of its rounds
- 03 4 exits from the portfolio

## What they do

- **Type:** Angel (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **20 appearances**

- **2019** 3 rounds
- **Dec** **[Bluespace.ai](https://millionrounds.com/company/bluespace-ai)** Seed · US · FinSMEs **$3.5M** With 9 others
- **Jun** **[Cityfurnish](https://millionrounds.com/company/cityfurnish)** IN · Crazyaboutstartups **$5.0M** With 6 others
- **Feb** **[HitRecord](https://millionrounds.com/company/hitrecord)** Series A · US · TechCrunch **$4.6M** With 4 others
- **2017** 1 round
- **Feb** **[Fossa](https://millionrounds.com/company/fossa)** Seed · US · FinSMEs **$2.2M** With 4 others
- **2015** 2 rounds
- **Oct** **[honestbee](https://millionrounds.com/company/honestbee)** Series A · SG **$15M** With 4 others
- **Aug** **[myKnowtions](https://millionrounds.com/company/myknowtions)** CA **Undisclosed** With 4 others
- **2014** 1 round
- **Apr** **[Zesty](https://millionrounds.com/company/zesty)** Seed · US **$3.7M** With 38 others
- **2013** 1 round
- **Jan** **[Spikes Security](https://millionrounds.com/company/spikes-security)** Seed · US · techcrunch.com **$2.4M** With 4 others
- **2012** 2 rounds
- **Jun** **[DramaFever](https://millionrounds.com/company/dramafever)** Series B · US · hollywoodreporter.com **$6.0M** With 11 others
- **Jan** **[Spool](https://millionrounds.com/company/spool)** Venture · US · gigaom.com **$1.0M** With 4 others
- **2011** 4 rounds
- **Sept** **[Beautylish](https://millionrounds.com/company/beautylish)** Seed · US **$1.0M** With 5 others
- **Apr** **[Road Hero](https://millionrounds.com/company/road-hero)** Seed · US **$300K** With 1 other
- **Mar** **[ContextLogic](https://millionrounds.com/company/contextlogic)** Seed · US · techcrunch.com **$1.7M** With 11 others
- **Feb** **[Hearsay Social](https://millionrounds.com/company/hearsay-social)** Series A · US · allthingsd.com **$3.0M** With 9 others
- **2010** 6 rounds
- **Oct** **[ReadyForZero](https://millionrounds.com/company/readyforzero)** Seed · US · techcrunch.com **$260K** With 4 others
- **Oct** **[Wish](https://millionrounds.com/company/wish)** Seed · US **$1.7M** With 21 others
- **Jul** **[Course Hero](https://millionrounds.com/company/course-hero)** Seed · US **$1.5M** With 8 others
- **Apr** **[RethinkDB](https://millionrounds.com/company/rethinkdb)** Seed · US · techcrunch.com **$1.2M** With 10 others
- **Apr** **[Crocodoc](https://millionrounds.com/company/crocodoc)** Seed · US · xconomy.com **Undisclosed** With 6 others
- **Mar** **[Optimizely](https://millionrounds.com/company/optimizely)** Seed · US · techcrunch.com **$1.2M** With 20 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[ReadyForZero](https://millionrounds.com/company/readyforzero)** Bought by Avant **Undisclosed** Mar 2015

**[DramaFever](https://millionrounds.com/company/dramafever)** Bought by [SoftBank](https://millionrounds.com/fund/softbank) **Undisclosed** Oct 2014

**[Crocodoc](https://millionrounds.com/company/crocodoc)** Bought by [Box](https://millionrounds.com/fund/box) **Undisclosed** May 2013

**[Spool](https://millionrounds.com/company/spool)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Jul 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$4.0M** the round, not its cheque

Led 0 of 20 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Dec 2019
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Seed *13*
- Series A *3*
- Series B *1*
- Venture *1*

Cheques by year Led Joined

2010 2019

Often in the room with

- [Nils Johnson](https://millionrounds.com/fund/nils-johnson) 6
- [Paul Buchheit](https://millionrounds.com/fund/paul-buchheit) 5
- [SV Angel](https://millionrounds.com/fund/sv-angel) 5
- [Felicis](https://millionrounds.com/fund/felicis-ventures) 4
- [Ron Conway](https://millionrounds.com/fund/ron-conway) 4
- [Raymond Tonsing](https://millionrounds.com/fund/raymond-tonsing) 3

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## Who they invest alongside

The investors most often in the same rounds as Steve Chen. A count of rooms they were both in, not a relationship either has claimed.

[**Nils Johnson** VC firm **6** rounds together](https://millionrounds.com/fund/nils-johnson)[**Paul Buchheit** Angel **5** rounds together](https://millionrounds.com/fund/paul-buchheit)[**SV Angel** VC firm **5** rounds together](https://millionrounds.com/fund/sv-angel)[**Felicis** VC firm **4** rounds together](https://millionrounds.com/fund/felicis-ventures)[**Ron Conway** Angel **4** rounds together](https://millionrounds.com/fund/ron-conway)[**Raymond Tonsing** VC firm **3** rounds together](https://millionrounds.com/fund/raymond-tonsing)[**XG Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/xg-ventures)[**500 Global** Angel **2** rounds together](https://millionrounds.com/fund/500-startups)[**Ali Partovi** VC firm **2** rounds together](https://millionrounds.com/fund/ali-partovi)[**Andrew Boszhardt, Jr.** VC firm **2** rounds together](https://millionrounds.com/fund/andrew-boszhardt-jr)[**Andy Rankin** VC firm **2** rounds together](https://millionrounds.com/fund/andy-rankin)[**CRV** VC firm **2** rounds together](https://millionrounds.com/fund/crv)

## Recently backed

The latest companies Steve Chen put money into.

[**Bluespace.ai** $3.5M · Dec 2019](https://millionrounds.com/company/bluespace-ai)[**Cityfurnish** $5.0M · Jun 2019](https://millionrounds.com/company/cityfurnish)[**HitRecord** $4.6M · Feb 2019](https://millionrounds.com/company/hitrecord)

## On podcasts

2 episodes naming Steve Chen in the title.

- [Crucible Moments](https://millionrounds.com/podcasts/crucible-moments) 5 Dec 2024 · 49 min YouTube ft. Steve Chen - 18 Months That Changed the Internet Mentions [Steve Chen](https://millionrounds.com/fund/steve-chen)[Google](https://millionrounds.com/fund/google-assistant-investments)[Jawed Karim](https://millionrounds.com/fund/jawed-karim) *+1* Apple Podcasts
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 3 Oct 2024 · 36 min Episode 89: Steve Chen - Co-Founder & former CTO of YouTube - Lessons Learned From Building YouTube Mentions [Steve Chen](https://millionrounds.com/fund/steve-chen)[Google](https://millionrounds.com/fund/google-assistant-investments) Apple PodcastsShow page

## Quick answers about Steve Chen

### What does Steve Chen invest in?

Steve Chen invests most often at Seed and Series A (89% of the rounds on record).

### How active is Steve Chen?

20 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2019.

### What has Steve Chen invested in recently?

Its most recent investments on record: Bluespace.ai (Seed, Dec 2019), Cityfurnish (Undisclosed round, Jun 2019) and HitRecord (Series A, Feb 2019).

### How big are Steve Chen's cheques?

The median round it joins is $4.0M.

### Does Steve Chen lead rounds?

Rarely, if at all: none of its 20 investments on record names it as the lead.

### Where does Steve Chen invest?

Most of the companies it backs are in the United States (85%), India (5%) and Singapore (5%).

### Is Steve Chen investing now?

No investments in the last 12 months; the latest was in Dec 2019.

### Who does Steve Chen invest alongside?

Most often Nils Johnson (6 rounds together), Paul Buchheit (5 rounds together) and SV Angel (5 rounds together).

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