Lydia Jett Explained

Lydia Jett
Birth Place:Portland, Oregon
Citizenship:United States of America
Alma Mater:Stanford Graduate School of Business, London School of Economics and Political Science, Smith College, Mountain View High School
Occupation:Venture capitalist, Investor, Board Member
Known For:Businessperson

Lydia Jett (born 1980) is an American venture capitalist and former executive at SoftBank Vision Fund.[1] Ms. Jett is an independent board member at Walmart-owned Flipkart[2] and Fanatics.[3]

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

Career

In 2015, Jett joined SoftBank Group to 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,[4] and Investing Partner[5] at Softbank Vision Fund.

Jett led investments in and represented Softbank on the Board of Directors of the firm’s global eCommerce investments including:[6] Coupang,[7] Fanatics,[8] Flipkart[9] and GoTo,[10] collectively the top returning portfolio for Softbank Vision Fund I.[11]

Additionally, Jett and her team led investments into and represented SBIA[12] on the Board of Directors several companies including: Andela, Embark, Klook,[13] LTK,[14] mmhmm, Pacaso, Weee!,[15] Bytedance,[16] ezCater,[17] Aleo,[18] and Quantstamp[19] amongst other investments. Bloomberg reported Jett was departing Softbank in 2024.[20]

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,[21] 10x Genomics[22] and Series A investment into Fetch Robotics[23] (sold to Zebra).[24]

Jett served as an Independent Board Member on the Board of Directors of Coupang, Fanatics,[25] Flipkart and Ozon.

Jett has been recognized by Forbes as “generating one of the largest cash generating returns ever for a start-up investor,[26] published work in Fast Company,[27] been recognized as one of Fortune’s “Most Powerful Women.[28]

Previously, 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.

References

  1. Web site: Softbank Vision Fund Americas Managing Partner to Depart . Bloomberg.
  2. Web site: Former Softbank Managing Partner Lydia Jett Rejoins Flipkart's Board . Business Standard.
  3. Web site: Fanatics Announces Appointment of Lydia Jett and Jonathan Mildenhall to Board of Directors . Fanatics.com.
  4. News: 2021-11-22 . SoftBank's Vision Fund Adds New Leaders, First Woman Managing Partner . 2024-02-27 . Bloomberg.com . en.
  5. Web site: 2019-03-22 . SoftBank's Vision Fund Promotes Lydia Jett to Partner . 2024-02-27 . Yahoo Finance . en-US.
  6. Web site: 2023-06-16 . Delivering Alpha 2023 Advisory Board: Lydia Jett . 2024-02-27 . CNBC . en.
  7. News: Wang . Selina . 2018-11-20 . SoftBank to Invest $2 Billion in Korean E-Commerce Site Coupang . 2024-02-27 . . en.
  8. Web site: Loizos . Connie . 2017-09-06 . Given an assist, sports e-commerce giant Fanatics closes that $1 billion round led by SoftBank . 2024-02-27 . . en-US.
  9. Web site: Russell . Jon . 2017-08-10 . SoftBank's Vision Fund backs Flipkart in record India tech investment . 2024-02-27 . . en-US.
  10. Web site: Russell . Jon . 2018-12-12 . Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank's Vision Fund . 2024-02-27 . . en-US.
  11. Web site: Konrad . Alex . The Surprise Investors Who Scored Billions From Coupang's IPO . 2024-02-27 . . en.
  12. Web site: Lydia Jett, Managing Partner . 2024-02-27 . . en-US.
  13. Web site: Hamdi . Raini . 2019-04-09 . Klook Receives $225 Million SoftBank Investment in Nod to Tours and Activities . 2024-03-08 . Skift . en-US.
  14. 2021-11-22 . LTK Announces SoftBank Vision Fund 2 Investment . 2024-03-08 . LTK . en.
  15. Ethnic E-Grocer Weee! Raises $425 Million Series E Round Led by SoftBank Vision Fund 2 . 2024-03-08 . . en.
  16. Web site: 2018-09-28 . Bytedance to raise money from SoftBank at $75bn valuation . subscription . 2024-02-27 . Financial Times.
  17. ezCater Raises $100 Million to Scale Corporate Food Solutions and Redefine Food for Work . 2024-02-27 . ezCater . en-US.
  18. 2022-02-07 . Aleo Raises $200M in Series B to Expand Private-by-Default, Blockchain Platform Aleo Blog . 2024-02-27 . Aleo.
  19. Web site: Ryan . Aiden . Clark . Kate . 2022-07-21 . An 'Exceptionally High' Bar: Investors Shift Focus in New Crypto Deals . 2024-02-27 . The Information.
  20. News: Tan . Gillian . Lee . Min Jeong . February 19, 2024 . SoftBank Vision Fund Americas Managing Partner Jett to Depart . . 2024-03-08.
  21. News: 2016-01-07 . Guardant Health Raises Nearly $100M in Series D Funding . registration . GenomeWeb.
  22. News: Taylor . Nick Paul . 2016-03-21 . 10X Genomics scoops another $55M to fuel commercialization of long-read tech . Fierce Biotech.
  23. 2015-06-17 . SoftBank Leads $20 Million Investment in Fetch Robotics . 2024-02-27 . . en.
  24. Web site: Crowe . Steve . 2021-07-01 . Fetch Robotics acquired by Zebra Technologies for $290M . 2024-02-27 . The Robot Report . en-US.
  25. 2023-05-05. Fanatics Announces Appointment of Lydia Jett and Jonathan Mildenhall to Board of Directors . 2024-03-08 . Fanatics Inc . en-US.
  26. News: Konrad . Alex . May 15, 2021 . The Surprise Investors Who Scored Billions From Coupang's IPO . subscription . 2024-03-08 . Forbes.
  27. News: Jett . Lydia . 2021-03-11 . Look out, Amazon. Asia-based companies such as Coupang are leading the next e-commerce revolution . 2024-03-08 . Fast Company.
  28. Web site: Hinchliffe . Emma . 2019-10-21 . Inside Fortune's Most Powerful Women Summit: The Broadsheet . subscription . 2024-02-27 . . en.