# Jennifer Lee

> Jennifer Kristen Lee is the General Counsel and Operating Partner at Basis Set Ventures, the AI-native venture fund that closed a $250 million Fund IV in January 2026. A third-generation San Franciscan whose great-great-grandfather worked on the transcontinental railroad in the 1860s, Jennifer spent over 15 years advising founders and investors at global law firm DLA Piper - rising to partner and co-chairing its Corporate Venture Capital practice - before crossing over to the other side of the cap table. She brings a rare dual lens to venture: over 15 years guiding startups from formation to exit, combined with operational depth that makes her the firm's internal compass on legal strategy, deals, and governance. Named to the Silicon Valley Business Journal's 2022 40 Under 40 list, she holds a BA in Political Science from UC Berkeley and a JD/MBA from Santa Clara University.

- **Role:** General Counsel and Operating Partner at Basis Set Ventures
- **Organizations:** Basis Set Ventures, DLA Piper
- **Nationality:** American
- **Education:** BA, Political Science, University of California, Berkeley, JD/MBA (dual degree), Santa Clara University School of Law
- **Known for:** Named to Silicon Valley Business Journal's 2022 40 Under 40 list, Rose to partner at DLA Piper, a top global law firm, Co-chaired DLA Piper's Corporate Venture Capital practice

## Career timeline

- **2010** — Began legal career as a summer associate at DLA Piper
- **2010-2022** — Rose through the ranks at DLA Piper, advising startups and investors on VC financings, M&A, and corporate governance
- **2022** — Named to Silicon Valley Business Journal's 40 Under 40 list while a partner at DLA Piper
- **2022-2024** — Served as Partner at DLA Piper, co-chairing the Corporate Venture Capital practice and the Silicon Valley Diversity & Inclusion Committee
- **2024** — Joined Basis Set Ventures as General Counsel and Operating Partner
- **2026-01** — Basis Set Ventures closes $250 million Fund IV, bringing total AUM to approximately $850 million

## Achievements

- Named to Silicon Valley Business Journal's 2022 40 Under 40 list
- Rose to partner at DLA Piper, a top global law firm
- Co-chaired DLA Piper's Corporate Venture Capital practice
- Co-chaired DLA Piper's Silicon Valley Diversity & Inclusion Committee
- Over 15 years advising on venture capital financings and M&A transactions
- Joined Basis Set Ventures as General Counsel & Operating Partner, one of the few GCs with full partnership status at a top-tier VC firm

## Latest updates

- **2026-01** — Basis Set Ventures closes $250 million Fund IV, the firm's largest fund to date, bringing total AUM to ~$850 million. Jennifer serves as General Counsel and Operating Partner on the team.
- **2024-01** — Jennifer Lee joins Basis Set Ventures as General Counsel and Operating Partner, transitioning from her partnership at DLA Piper.

## Links

- Website: https://www.basisset.com/team-members/jennifer-lee
- LinkedIn: http://www.linkedin.com/in/jenniferkristenlee
- Facebook: https://facebook.com/basissetventures/

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Profile page: https://yespress.io/jennifer-lee
Published by YesPress — https://yespress.io
Last updated: 2026-05-18