Dragonrise Capital, Founder & Managing Partner
Ms. Yeung is the founder and Managing Partner of Dragonrise Capital based in Shanghai, China. Born in China, and educated in both China and USA, she is one of the earliest venture capitalists investing in mainland China. In past 20 years she has been instrumental in investments in and financing of a number of high profile and successful Chinese internet startups which are now multi-billion dollar public companies, impacting the daily lives of almost all Chinese citizens today. These include the Series A round investment in Tencent Technologies (HKSE:700), the largest internet media/gaming company in China with about USD500 billion in market cap investments, which also owns the Wechat platform with 800 million users worldwide as the largest Chinese social media platform in the world; also investments in Sohu.com and Sina.com, and Focus Media Holdings (the largest Chinese outdoor media company) and GCL-Poly Energy (the leading poly-silicon and wafer suppliers in the world). She remains an active VC investor in China managing new funds investing in startups in Artificial Intelligence related technologies and applications area.
Prior to her return to mainland China, Shirley was Director of Venture Investments at PCCW in Hong Kong from 2000 to 2003. Before that she worked for JP Morgan as a Vice President in Equity Capital Markets Group in Hong Kong office from 1997 to 2000 and participated in the advisory and execution of the earliest and largest Chinese SOE privatization transactions including the overseas IPOs of China Telecom, China Mobile and Unicom etc. Prior to relocating back to Asia, Shirley managed a pension fund portfolio of $3.5 billion in non-U.S. equity investments for NYNEX Asset Management Company in New York City, now part of Verizon Investment Management Corp, one of the largest Private Pension Fund Managers in USA.
As part of her contributions to the Chinese venture capital and investment industry, Shirley served a two-year term in Beijing between 2014-2015 as Executive Chairwoman of the Investment and Financing Committee, under the MOFCOM sponsored China Council for International Investment Promotion, responsible for promoting cross-border venture capital and private equity investments between China and overseas markets. Shirley received an MBA in Finance from Yale University School of Management in 1993, and is currently a Member of Yale SOM Global Advisory Board. She is married with two children who both graduated from Yale recently.