The rest of the 50 (in alphabetical order): Min Park, vice-president, Wells Fargo Strategic Capital
Min Park is a vice-president at Wells Fargo Strategic Capital (WFSC), financial services firm Wells Fargo’s multi-strategy investment vehicle providing equity and second lien debt capital to technology companies, investing directly from the parent’s $1.9 trillion balance sheet.
Park said: “I focus on venture, growth equity and private equity investments across a wide range of subsectors including software, internet, mobile, financial technology, hardware and real estate technology. I have been part of the technology investment team for just over 12 months.”
He said corporate venture capital (CVC) has the potential to provide meaningful, differentiated value-add to portfolio companies through the parent company’s ecosystem and resources, the flexibility beyond a traditional fund structure and the opportunity to experience how innovative startups are transforming industries and business models.
Having increased its core investment team from three to six members since the beginning of 2019, WFSC has closed several deals including an $80m series D round for flexible workspace provider Industrious, a $200m series D round for on-demand storage company Clutter and $34m series B funding for enterprise asset management software platform Sitetracker.
WFSC prioritises the success of portfolio companies and supports their financial success according to Park, who said: “I am fortunate to be in an environment where the firm’s ambitions align with my own.”
Before WFSC, Park worked at innovation advisory platform Silicon Foundry, then known as Sherpa Foundry, where he supported several global corporates across direct investments, M&A and strategic partnerships.
He had also been an investor at Samsung Ventures, the $2bn CVC arm of consumer electronics producer Samsung, where he oversaw investments across mobile, consumer, enterprise software, digital media and financial technology. His notable deals included e-commerce software provider BigCommerce, gym membership service Classpass, database technology provider Couchbase and online television streaming service Pluto TV.
Park holds a bachelor of science degree in economics from Duke University.