Phil Chen photo
Investor profile

Phil Chen

Founding Partner, Race Capital, Presence Capital

About

Phil Chen is a founding partner at Race Capital and managing partner emeritus at Presence Capital who simultaneously served as HTC's Chief Decentralized Officer, where he created both the HTC Vive VR headset and HTC Exodus blockchain phone before moving into venture capital. He focuses on investing in decentralization and Web3 infrastructure at the hardware level, treating smartphones as nodes in decentralized networks and backing foundational platforms like his early 2016 investment in Zoom based on video as core infrastructure. Phil Chen is a founding partner at Race Capital and managing partner emeritus at Presence Capital who simultaneously served as HTC's Chief Decentralized Officer, where he created both the HTC Vive VR headset and HTC Exodus blockchain phone before moving into venture capital. He focuses on investing in decentralization and Web3 infrastructure at the hardware level, treating smartphones as nodes in decentralized networks and backing foundational platforms like his early 2016 investment in Zoom based on video as core infrastructure.

Works at

Investment focus

Stages
Pre-Seed
Seed
Series A
Series B+
Sectors
AI
Web3
Crypto
Data
Enterprise
FinTech
Gaming
VR
Health
Deeptech
Hardware
Media

Investment details

Avg check size$100K - $5M
Can lead rounds
Yes
Geographies
USA