Derek Hsue – Startup Investor Profile

Derek Hsue, along with Larry Sukernik, co-founded Reverie with an aim to have a more hands-on role in helping founders build companies. Reverie launched a $20 million fund focused on pre-seed and seed-stage investments in about 40 crypto companies. Hsue’s investment thesis emphasizes favoring companies not speculative in nature and focusing on long-term sustainability. The fund aims to prove that a hands-on investor can create generational businesses. Previous investments include decentralized exchange Osmosis and blockchain scaling-focused Sovereign Labs. Derek Hsue’s investment check size for the fund is set at $20 million. Regarding partnership and collaboration styles, Hsue’s approach aligns with a framework focusing on strategic openness and decision-making processes within the network of collaborators, considering factors like strategy, capabilities, and assets to determine the best fit.

Location:

Country: United States of America

Investment Regions:

Investment Stages: pre-seed, seed

Website:

AI Reasoning: Search found Reverie launching a $20M fund and investments including Osmosis and Sovereign Labs; most sources date activity in 2023 (TechCrunch Sep 14, 2023; Sovereign Labs seed Jan 30, 2023). The most recent identified investment activity is in 2023, which is between 12 and 24 months prior to the reference date, so classify as active.

Low Activity – Only known angel investments more than 12 months ago.

Active – Known angel investments between the last 12 and 6 months.

Very Active – Known angel investments in the last 6 months.