Amy Wu, formerly of FTX Ventures, has joined Menlo Ventures as a General Partner to lead investments in the consumer and gaming sectors. Shawn Carolan, Menlo Ventures Partner, said of Wu’s appointment: At Menlo, Amy will make early-stage investments in technology-driven categories, including gaming, blockchain, and new consumer experiences made possible by tech shifts like generative AI. Her deep experience as both an investor and operator across a variety of consumer businesses will help her hit the ground running.
Wu resigned from FTX Ventures last November as the centralized exchange faced a liquidity crisis that resulted in bankruptcy and criminal charges for founder Sam Bankman-Fried and other executives. Prior to this, Wu had led investments in consumer, gaming, and blockchain at Lightspeed Venture Partners.
Menlo Ventures, founded in 1976, has more than $5 billion in assets under management (AUM). The firm invests in companies from early stages to initial public offerings across a number of sectors, including AI, healthcare, and financial technology. Notable portfolio companies include Uber, Roku, and Warby Parker.