Menlo Ventures Gains a Valuable Asset With Addition of Former FTX Ventures Head

Key Points:

• Amy Wu joins Menlo Ventures as partner after previously serving as FTX’s venture head.
• She will focus on consumer-centric startups, especially in gaming.
• Wu’s previous experience includes working as a partner at Lightspeed and leading investments in a $2 billion startup investment fund at FTX Ventures.

Amy Wu has recently moved to Menlo Ventures after serving as the head of FTX’s venture arm.

According to Axios, she will be working in New York and focusing on startups that are consumer-centric. Wu took to Twitter to announce that she will be leading investments in consumer and gaming and encouraged anyone in those industries to message her directly.

Before joining Menlo Ventures, Wu worked as a partner at VC firm Lightspeed. She took on the FTX Ventures role in January 2022, when the crypto exchange launched a $2 billion startup investment fund. After the exchange entered bankruptcy last November, Wu resigned from FTX Ventures as The Information previously reported.

Wu spoke about her experience with FTX Ventures in an interview with Axios, stating that it was a difficult time for her. She was only with the company for 10 months, yet it felt like 10 years. Wu also mentioned that she found out about what happened on Twitter, which was a shock to her and most of the other employees.

Despite the challenges she faced at FTX Ventures, Wu’s experience in the venture capital industry has given her a unique perspective and valuable skills that she will undoubtedly bring to her new role at Menlo Ventures. She is excited to be working with consumer-centric startups and looks forward to helping them achieve their goals and succeed in their respective industries.

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Annie

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