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Chronicles

The story behind the story

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Profile of Koh Soo Boon, Singapore's first female VC who has focused on Silicon Valley tech investments since 1987 and is currently raising a $100M fund

Yoolim Lee / Bloomberg : Tweets: @ericbahn Tweets: Eric / @ericbahn : All my heroes these days are women. Like @shiyankoh's mom. https://twitter.com/...

Bloomberg Yoolim Lee

Context & Ripple Effects

Koh Soo Boon has been placing Singapore money into Silicon Valley technology since 1987, and her new $100M fundraise puts her alongside the city-state's other homegrown vehicles chasing cross-border deal flow — most recently Golden Gate Ventures' $100M third fund aimed at Southeast Asia's e-commerce and payments scene. The profile lands amid a slow accumulation of evidence that the VC gatekeeping layer is diversifying: [[a:874887|women already launch 55% of China's Internet companies yet hold only 17% of investing-partner seats]], and profiles like a16z promoting Connie Chan from within as its first internal partner hire trace the same pattern in US firms.

First-order effects

  • Koh's $100M vehicle gives institutional backers a dedicated route into Silicon Valley tech run out of Singapore, directly competing with local funds like Golden Gate Ventures for the same regional LP pool.

Second-order effects

  • A three-decade track record by a female GP strengthens the case LPs cite when allocating to underrepresented managers, putting pressure on firms where women remain rare at partner level — the gap the China investing-partner data quantified.

Third-order effects

  • If Koh's fund closes at scale alongside comparable moves elsewhere — Kakao elevating its VC head Shina Chung to group CEO — the structural signal is that women moving from investor seats to capital-formation and executive power is becoming a repeatable path rather than an exception.

The trend: Women are converting long tenures inside venture capital into fund-of-their-own and C-suite positions across both US and Asian markets, with Southeast Asian LPs increasingly funding the transition.