Mike Jung

Partner, Co-Founder, Founders Circle Capital
Mike Jung, locked up during the Ask Jeeves IPO and burned by a tax mismatch, prioritizes founder and employee liquidity and applies legal, banking and operating experience to cap tables.
How to contact Mike Jung
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No
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Mike Jung
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Sectors their fund invests in
Enterprise
Consumer
SaaS
Fintech
Ecommerce
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No
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About Mike Jung

Mike Jung's view on liquidity comes from personal experience—having been locked up from selling shares during the Ask Jeeves IPO and later dealing with a painful tax mismatch when the stock fell, he treats employee and founder liquidity as a real need for building a company, not something to avoid. He brings a mix of legal, banking, and operating experience—having worked as a lawyer, an investment banker, and an executive—into how he thinks about structuring stock sales and cap tables, rather than focusing only on a company's growth story.

About their Fund

Founders Circle Capital

Sectors
Enterprise, Consumer, SaaS, Fintech, Ecommerce
Rounds
Series B+
Avg Check Size

Founders Circle Capital began by helping employees and executives at private companies sell some of their shares so they could stay longer instead of leaving before an IPO, and it now offers a mix of personal liquidity, secondary sales, primary financing, debt, and pre-IPO investment built around growth-stage companies. It also runs The Circle, a private network for growth-stage executives across major company roles that acts like a personal board of directors through peer groups and events, is supported by a dedicated internal team, and is tied to a portfolio of 73 companies with none reported as shut down.

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