Matthew Lee

Matthew Lee is a Partner at Progression Fund, a venture capital firm focused on investing in next-generation consumer technologies. Here are some key details about Matthew Lee:

Professional Background

• Currently a Partner at Progression Fund, which he co-founded with alumni from Musical.ly and TikTok in July 20202
• Previously worked as a Partner at Newfund and CRCM Ventures2
• Has experience as an Angel Investor, investing in companies like Nectar, CarbonChain, and Lunch Club2

Investment Focus

• Invests in early-stage consumer and frontier technologies3
• Particularly interested in companies targeting Generation Z and Generation Alpha consumers4
• Some of Progression Fund's investments include WaveXR, OK Play, Luma, Popshop Live, and several others in areas like gaming, social media, and consumer tech2

Education

• MBA from London Business School and New York University Stern School of Business2
• Master of Commerce in Finance from University of New South Wales2
• Bachelor of Engineering in Telecommunications Engineering from University of New South Wales2

Approach to Investing

Matthew Lee views his career in venture capital as similar to an early-stage startup, progressing from "pre-seed" to finding "product-market fit" with Progression Fund.1 He emphasizes the importance of understanding younger generations like Gen Z and Gen Alpha when investing in consumer technologies.4

Notable Insights

• Believes Gen Alpha (born after 2010) will be highly tech-savvy and may become the richest generation1
• Emphasizes the need for products targeting younger generations to be simple, visually appealing, and easily shareable4
• Recognizes the impact of COVID-19 on shaping Gen Alpha's worldview and technology usage4

Matthew Lee brings a global perspective to his investments, with experience spanning Europe, USA, China, and Australasia.3