Han Shen (iFly.VC) - How He Thinks About Overlooked Opportunities, Focusing on a Sector Rather Than Becoming Opportunistic, and How One of His Portfolio Companies Was Able to Pivot Successfully

In this episode of The Consumer VC, Han Shen, founding partner of iFly.VC, shares his journey into venture capital and insights into his firm’s investment approach. iFly.VC focuses on supporting underserved communities, including ethnic minorities, the underbanked, and rural areas. Han believes in building concentrated portfolios that add real value. He highlights his investment in WE, an Asian grocery delivery service, to demonstrate the significance of vertical integration and data-driven strategies in e-commerce. Throughout the discussion, Han emphasizes the entrepreneurial spirit required to run a VC fund and advocates for greater diversity in the industry.