Since 2019, SoftBank Group Corp. promoted Lydia Jett to partner at its $100 billion Vision Fund, the second woman to join the ranks of a group that oversees the world’s largest technology investments. Lydia Jett is a Consumer Internet Investor for Softbank Vision Fund. With an unprecedented amount of capital, the Vision Fund’s partners are powerful forces in Silicon Valley. Jett's role is to identify and vet companies globally that should be part of the fund, and bring her decisions to an investment committee.
Jett joined SoftBank in 2015, leading and managing global investments in consumer internet and e-commerce companies. She’s a board member of Tokopedia and Coupang, the largest online marketplaces in Indonesia and South Korea, respectively. She sat on the board of Indian e-commerce giant Flipkart before Walmart Inc. acquired the company in 2018.
Prior to this, she was the Vice President of M/C Partners, an investment banker at JPMorgan Chase & Co, and she also worked at Goldman, Sachs & Co. in private equity.
Jett’s appointment to partner is noticeable in an industry under heightened scrutiny for its lack of diversity. Only 9 percent of U.S. venture capitalists are women, and about three-quarters of venture capital firms don’t have a single female partner, according to All Raise, a nonprofit advocacy group. Jett said she’s focused on working with her portfolio companies to bring in women at the highest levels. “We have not yet done a good job of backing female-founded companies. That’s a focus area where I think you’ll see us continue to try and source,” Jett said. “We’re backing these big, scaled, fast-moving organizations. If we empower women to be at the senior ranks of the companies, they will become founders.”
Jett received a B.A. in Economics and Government from Smith College and an MBA from the Stanford Graduate School of Business.
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