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VF Testimonials

Amy Moon

“It was a great experience interning at LEL and learning more about investing in early-stage startups. I especially enjoyed our weekly pitch meetings, where we gave each other feedback and better understand what factors make a good startup. The most valuable point of the internship has been learning from other venture fellows. Whether through the pitch meetings or working together on due diligence, I learned from other fellows who have experience working in various fields.”

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Venture Fellows

William Wang

Will is a rising junior in the Management and Technology Program at Penn, studying Finance and Systems Engineering. He grew up in New Jersey and has previously worked at an on-campus startup called Order In and as a research assistant with the Weitzman School of Design. In his free time, he likes reading, hiking, and spending time exploring Philly with his friends.

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VF Testimonials

Griffin You

“Lair East Labs provides a level of experience you would never have gained in a typical startup accelerator or fund. Our weekly pitch meetings were a great way to prepare you for the real world of Venture Capital by sourcing deals from your own channels which enables you to think outside the box in terms of building a network. Venture Fellows have the opportunity to work on due diligence projects and hop on calls with founders to learn more about what they’re building. I found being able to interact with these founders to be the highlight of my fellowship experience while providing my own investment recommendations based on these interactions.”

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VF Testimonials

Annabelle Xing

“Working with LEL was an incredible and eye-opening experience! I learned the most through sourcing and conducting due diligence on companies. The highlight of LEL was the open and collaborative culture of the investment team, enabling me to talk directly with founders and discuss my perspectives alongside partners. Even while online, I had a wonderful time getting to know both the team through projects and lunch chats.”

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People

Han Liu

Han is a California based early-stage investor and entrepreneur with specializations in fintech, e-commerce and audio AI. Han holds an MBA degree from Columbia Business School. Before MBA, Han started his career as a TMT investment banker with JP Morgan in Hong Kong. He later shifted into the digital banking space as a project lead with DBS Digital Bank in Singapore. Han was also the co-founder and CEO of LGW, Singapore’s first e-commerce marketplace for skills-building education.

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Abdi Shayesteh, AltaClaro

“They (Lair East labs) really personalize and create an intimate support framework for the founders. They are internationally focused, meaning that if you’re a startup that wants to scale globally, that’s one of the advantages of partnering with Lair East Labs. Their support is ongoing (and even beyond the accelerator program). Whether it’s from an investor perspective and mentorship perspective or networking with other portfolio companies to grow.”
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Frequently Asked Questions

Will the Semi-final Round be hosted online or offline? In the United States, China, or somewhere else?

  • Due to the impact of COVID-19 on the overall operation, the final format of the Semi-final Round and Final Round has not yet been finalized. However, if either the Semi-final or the Final is hosted in Hangzhou, China, all selected teams will receive a sponsored trip to Hangzhou, China with reimbursement up to USD $3,000 towards transportation & accommodation to participate in the on-site competition. The teams will also be invited to visit leading tech players such as Alibaba and other tech startups in the local ecosystem. 
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Frequently Asked Questions

Do I need to register a company entity in China to receive the cash prize if I win anything in the Final Round?

  • No, though you and your team are welcome to set up a local entity in Hangzhou, China, with extensive supports from our local partners. 
  • The final cash prize will be deposited into your preferred company bank account.
  • Specific founders might be qualified for the Special Talent Grant up to $700,000, which varies based on the founder’s background. Please contact us to inquire about further details should any interest arise. The Special Talent Grant is separate from the awards.