David Wu

David Wu General Information

Description

Mr. David Wu serves as a Venture Partner at Maveron. Mr. Wu served as Board Advisor at WePay. He joined the company in 2012 to help identify new investments in emerging consumer Internet companies. He serves as a Board Member at Illumix. He was a Board Member of Darby Smart. He is a successful entrepreneur, technology executive and angel investor who began his two-decade career in the computer and Internet industries, writing a few hundred thousand lines of C++ code at Scitor and Synopsys. He subsequently spent 10 years at Homestead.com, where he was chief product officer, Chief Financial Officer and Chief Operating Officer, helping grow the company to more than 400,000 paying subscribers and its eventual acquisition by Intuit for $170 million in 2007. Following the acquisition of Homestead, he managed a variety of Intuit's businesses as a vice president in the Small Business Group, including QuickBooks Online and Intuit.com. At Intuit and Homestead, he worked with Homestead board member, Intuit Board Chairman and the company Senior Advisor Bill Campbell, who recommended him to the company. He led the company's investments in Darby Smart and Aria Innovations and served on each company's board. He sourced and led company IV's investment in August Home, where he was a board member, as well as several company seed investments. He has strong ties to the Silicon Valley entrepreneurial community. Prior to joining the company, he invested in 22 startups, including SeatMe, Practice Fusion, Sociable Labs, Postmates, Beautylis and Taulia (on June 30, 2014, this portfolio was marked at 4.4x cost). He can often be found coaching and mentoring entrepreneurs at Stanford Business School and top Bay Area incubators, such as Y-Combinator, AngelPad, 500Startups, and Stanford's StartX. He recently served on the Board of Directors of company IV portfolio company, SeatMe, which was acquired by Yelp (NASDAQ: YELP) and as the Internet Committee chair on the Deal Screening Committee for the Band of Angels, Silicon Valley's oldest seed funding organization. He is a Bay Area native and holds a BS in electrical engineering and a BA in economics from Stanford University. He served as the Board Member and Advisor at Instamotor.