Foresight Ventures Promotes Alice Li and Zac Tsui to Partners Amid Leadership Transition

Foresight Ventures has announced the appointment of Alice Li and Zac Tsui to the role of Partner, marking a significant leadership development for the research-driven venture capital firm. The promotions, effective immediately, follow the decision of Co-Founder Forest Bai to step down from his management role and transition to an advisory capacity. Alice Li, previously an Investment Partner and Head of North America, brings extensive experience in stablecoin infrastructure, payment systems, AI applications, and social media, with a focus on driving mass-market adoption of Web3 technologies. Prior to joining Foresight Ventures, Li spent years in product growth roles at TikTok and Amazon [1].

Zac Tsui, who previously served as an Investment Director at the firm, has a strong track record in the Web3 and blockchain sectors. Before joining Foresight Ventures, Tsui worked at Ant Group, where he led strategic investments and incubation efforts. Earlier in his career, he contributed to venture capital firms including IDG Capital and BAI Capital, identifying companies with long-term value potential across fintech, AI, and emerging markets [2]. His insights and operational expertise are expected to play a key role in shaping the firm’s next phase of growth.

Alice Li emphasized the firm’s mission to bridge East and West and accelerate real-world adoption of Web3 technologies, stating that the promotion reflects a shared vision with Tsui to lead the firm into a new chapter. Tsui highlighted the dynamic growth and competitive nature of the Web3 ecosystem, noting that regulatory adoption and industry consolidation are accelerating globally. He stressed that Foresight Ventures’ approach is rooted in long-term commitment rather than short-term gains, leveraging deep industry experience and global resources to support visionary entrepreneurs [3].

Foresight Ventures, known for its research-driven investment strategy, operates out of the US and Singapore and is recognized as one of the Top 5 active crypto VCs in 2024. The firm’s portfolio includes over 150 premier media and startup companies such as Wallet Connect, Story, TON, Morph, 0G Labs, Sentient AI, The Block, and Foresight News [4]. With its recent leadership changes, the firm is strengthening its position in the fast-evolving digital asset ecosystem, capitalizing on growing institutional interest in blockchain and decentralized technologies.

The announcements were published across multiple platforms, reflecting a strategic communication effort to underscore the leadership transition and the firm’s forward-looking vision. As the Web3 industry continues to evolve, Foresight Ventures’ decision to elevate Li and Tsui to Partner positions aligns with broader trends in venture capital, where experienced and specialized leaders are increasingly valued for their ability to navigate the complexities of digital finance [5].

Source: [1] Foresight Ventures Announces Appointment of Alice Li and Zac Tsui as Partners (https://www.dlnews.com/external/foresight-ventures-announces-appointment-of-alice-li-and-zac-tsui-as-partners/)

[2] Foresight Ventures Announces Appointment of Alice Li and Zac Tsui as Partners (https://www.fxempire.com/news/brokers-news)

[3] Foresight Ventures Announces Appointment of Alice Li and Zac Tsui as Partners (https://www.investing.com/crypto)

[4] Foresight Ventures Announces Appointment of Alice Li and Zac Tsui as Partners (https://www.tipranks.com/news/author/newswire)

[5] Foresight Ventures Announces Appointment of Alice Li and Zac Tsui as Partners (https://www.dlnews.com/)