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Jeffrey Truong
Partner at VMG Catalyst
Jeffrey Truong is a prominent figure in the venture capital industry, currently serving as the Founder and Managing Partner of Broadway Venture Partners.14 Here's a detailed overview of his professional background and current role:
Current Position
Jeffrey Truong is the Founder and Managing Partner of Broadway Venture Partners, a venture capital firm he established to focus on early-stage investments in the future of commerce.1 The firm recently raised a $30 million fund, marking a significant milestone in Truong's career.4
Investment Focus
Broadway Venture Partners, under Truong's leadership, specializes in:
- Early-stage venture capital
- Future of commerce technologies
- Empowering change-makers in the commerce sector2
Investment Strategy
Truong's approach to venture capital is unique and customer-centric:
- He works backwards by first talking to brands and retailers to understand their pain points
- Uses this knowledge to identify startups solving these problems
- Acts as a "matchmaker" between innovative solutions and established businesses1
Previous Experience
Before founding Broadway Venture Partners, Truong held several notable positions in the venture capital and finance sectors:
- Partner at VMG Catalyst (2020-2023)2
- Senior Associate at Altos Ventures (2017-2020)5
- Associate at Tenaya Capital (2015-2017)5
- Investment Banking Analyst at Union Square Advisors (2013-2015)5
Education
Truong holds an HBA degree, though the specific institution is not mentioned in the provided information.
Recent Investments
One of Broadway Venture Partners' recent investments includes Proxima, a company addressing significant challenges in the advertising industry. Truong announced this investment on April 8, 2024.3
Jeffrey Truong's journey from a seasoned venture capitalist to launching his own successful fund demonstrates his expertise in identifying promising startups and his deep understanding of the commerce technology landscape.