Lu Zhang has been a successful entrepreneur and now leads the VC list as founding partner of NewGen Capital. (Credit: Jamel Toppin for Forbes)
Lu Zhang’s date with success was set nearly seven years ago when she walked off a plane from China and soon headed to Stanford University as a materials science and engineering grad student. After selling her medical device startup for diagnoses of Type II diabetes for more than $10 million at age 23, Zhang opened her own VC shop, NewGen Capital, which has raised $92 million in funds and has made 38 investments to date.
“I may look like a petite Asian girl, but I don’t want anyone to tell me that I can’t do it,” says Zhang, now 28 and one of 2017’s FORBES 30 Under 30. “I have to admit, I have had experience where people challenge me because of my gender, because of my nationality. But I take it from a different perspective. The stronger challenge I get, the stronger my motivation to really prove that I can make it happen.”