Andrew Chung, Founder and Managing Partner of 1955 Capital
|Residence||San Francisco, CA|
|Investing in ClimateTech|
Andrew Chung began his journey as an entrepreneur at an early age. When he was just five years old, he began working in his parent’s Chinese restaurant. Chung’s parents were immigrants who spoke little English, so Chung took over the restaurant’s marketing, customer service, tax calculations, etc. This early career experience taught Chung important lessons about entrepreneurship from an early age, leaving a mark on him that would eventually launch him on a path toward success as an entrepreneur.
Chung’s formal education began at Harvard University where he received a Bachelor of Arts degree in Applied Mathematics and Economics. While there, Andrew Chung participated in various activities including serving as the Co-President of the Chinese Students Association, and founder and co-director of the Boston Asian Health Initiative.
In 2004, Chung returned to the world of academia, attending The Wharton School at the University of Pennsylvania where he earned his MBA and serving as co-chair for the Entrepreneurship conference.
Andrew Chung career has been focused on a commitment to sustainable technologies and U.S. – China collaboration. During the Obama administration, Chung advised global leaders on energy policy. His first startup business began during his time at Harvard University in the mid-1990s. On days when he wasn’t in class, Chung drove around the area attempting to sell web applications.
After Harvard, Chung turned down a job at Goldman Sachs to take on a role at Trilogy, an enterprise startup. Chung says he chose to be an entrepreneur because he wanted to be the one to find the next great idea and work on things that would ultimately change the world.
After a brief venture into the world of music, and an appearance on the Hong Kong Idol, where he made it all the way to the finals, he decided not to pursue a career in music, and instead to venture further into the world of business where he felt more opportunities were waiting for him.
Among the companies Chung has become involved in, are several heavy-hitters, including Trilogy where he was the Founder and director of product management for UberWorks, OnStation Corporation, Bain and Company, TL Ventures, Bain Capital, Lightspeed Venture Partners, Solazyme, Natera, Personalis, Inc., Orbis Education, LS9 (which was acquired by Renewable Energy Group), Wattpad, Khosla Ventures, Ambri, EcoMotors, BioConsortia, Inc., Lanza Tech, Crop Enhancement, Inc., Gridtential Energy, and Nature’s Fynd.
In 2016, Andrew Chung struck out on his own once again. This time bringing 20 years of experience as an entrepreneur and venture capitalist into the mix with him. The result was 1955 Capital for which Chung is the founder and managing partner.
Andrew Chung is married to Coral Chung. He speaks three languages, including Cantonese, English, and Mandarin. Chung wrote a blog series on Medium addressing the COVID-19 crisis and the need for strong leadership.