Mark Linao is a Los Angeles-based investor at Progression Fund who specializes in entertainment, gaming, and consumer tech, bringing cross-cultural perspective from his prior role at AET Fund backed by Japanese gaming company Akatsuki where he invested at the intersection of entertainment, live streaming, and interactive content. He's frequently sought out as a voice on live streaming and metaverse technologies, known for his thesis-driven view on how game mechanics, virtual economies, and digital ownership can shape the next generation of consumer experiences rather than treating metaverse as a buzzword.
About their Fund
Sectors
Consumer, AI, Gaming / VR, Health, Marketplaces
Rounds
Pre-Seed - Series A
Avg Check Size
$100K - $1M
Notable Investments
Progression Fund is founded and led by musical.ly/TikTok alumni Alex Hofmann and JJ Aguhob, giving the fund unusually deep operator-level experience building one of the world's fastest-growing Gen Z social entertainment networks. The fund concentrates on breakthrough consumer experiences across social connection, play, VR/AR, gaming and entertainment, creator/crypto social, and immersive experiences, with a portfolio including culturally resonant and youth-centric brands like Drone Racing League, FaZe Clan, and Popshop Live where youth culture, gaming, and creator economies intersect.
Notable Fund
Investments
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
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