Patrick Chung

Managing General Partner, Xfund
Patrick Chung founded ZEFER in the dot‑com era, was Sam Altman's first investor, led a conversation with him at Harvard, and bases work in Boston to tap its university ecosystem.
How to contact Patrick Chung
Stages their fund invests in
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Sectors their fund invests in
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Avg Check
$50K - $500K
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Does their fund Lead?
Yes
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Geos their fund invests in
USA
Patrick Chung
Stages their fund invests in
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Sectors their fund invests in
Generalist
AI
SaaS
Health
Fintech
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Avg Check
$50K - $500K
N/A
Leads?
Yes
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About Patrick Chung

Patrick Chung is a venture capital investor at Xfund who was Sam Altman's first investor and led a recent high-profile conversation with him at Harvard's Memorial Church. He founded ZEFER during the original dot-com era before becoming a career VC, and deliberately bases much of his work in Boston despite his Silicon Valley background to tap into the university ecosystem there.

Patrick Chung's Interests

What they've been talking about across their social media accounts
  • Deep integration with academic ecosystems, particularly Harvard. The content heavily features collaborations with university departments, such as fireside chats at Harvard Business School or events with the School of Engineering and Applied Sciences, and highlights advisors who maintain strong ties to their alma maters.
  • Pride in being the first investor to back prominent founders. He emphasizes relationships that started at the earliest possible stage, illustrated by his anecdote about receiving Sam Altman's first pitch deck when the entrepreneur was only nineteen years old.
  • Fascination with the rapid pace of artificial intelligence and frontier technology. He tracks how quickly the sector moves, referencing the sudden rise of tools like DeepSeek, and celebrates technical achievements such as a portfolio company's AI scoring highly on medical licensing exams.
  • Active promotion of portfolio milestones and product launches. He consistently amplifies news from the startups he backs, ranging from Series A announcements for public information systems to new mobile apps for navigating IVF treatment.

About their Fund

Sectors
Generalist, AI, SaaS, Health, Fintech
Rounds
Pre-Seed - Seed
Avg Check Size
$50K - $500K

Xfund is Harvard's first VC fund that deliberately seeks technically capable founders with liberal-arts backgrounds and nontraditional degrees, operating through a global network of elite universities where faculty advisers send them their top students. The fund explicitly aims to change the risk calculus for elite, often first-generation students by providing a credible alternative to consulting and finance jobs, allowing them to become venture-backed CEOs straight out of school.

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