Eric Chen is an experienced technology investor focusing on early stage Internet and enterprise IT opportunities in the US and China. Eric started OVO Fund, an angel fund based in Palo Alto formed to incubate and fund seed stage opportunities. Eric has made over 90 investments in technology startups including Palantir, Wish, RelateIQ, Augmedix, Addepar, Signifyd and other promising startups. As a partner with venture capital firm WI Harper, Eric led investments in technology companies that spanned both China and the US including ooma, Penske Media Corp, Laszlo Systems, and EditGrid. He is currently a Venture Partner with WI Harper and an advisor to Matrix Partners China.
Eric has a wide-ranging background and is an entrepreneur in his own right. He co-founded an Internet startup, worked as an executive at a high growth technology company, incubated and launched a double bottom line investment fund in DC and pulled all-nighters on Wall Street as an investment banker.
Most notably, Eric teamed up with two classmates from business school (one of whom is his wife) to start Tiny Prints, a leading online retailer of custom stationery products. Eric played a key operating role in the first three years of Tiny Prints helping to ramp the business to scale with no outside funding. Prior to Tiny Prints, Eric was one of the first employees at E2open, a pioneer of the on-demand software model and led the company’s business and market development activities in Asia. Eric was also an investment banker with Salomon Brothers and Hina Group covering technology companies in Asia.
More recently, Eric co-founded and helped raise Equilibrium Investments, a real estate fund operating in low or moderate income (LMI) communities. Equilibrium was launched in the middle of the financial crises to simultaneously generate returns to shareholders while eliminating blight, stabilize housing markets, fund economic growth and create employment opportunities.
In his spare time, Eric installs electronic gadgets around the house, coaches his kids' basketball teams, and works on his goal of running a six minute mile. He holds an engineering degree and an MBA from Stanford University and can be frequently found on campus participating in various University events.