Matt Lee is the Founder and General Partner of Progression Fund, a pre-seed and seed-stage consumer technology VC firm co-founded with alumni from musical.ly and TikTok. Based in Oakland, California, he backs visionary founders building AI-native products for everyday consumers and prosumers, with a particular thesis around generational behavior shifts - specifically Gen Z and Gen Alpha. His portfolio spans consumer tech, gaming, entertainment, social platforms, live streaming commerce, and digital health, with notable investments including Perplexity AI and Dapper Labs. He brings a global perspective from prior roles at ChinaRock Capital Management, Pereg Ventures, and engineering and consulting stints at Macquarie Group and Capco.
Josh Elman is a veteran Silicon Valley product leader and investor who helped grow Twitter nearly 10x, launched Facebook Connect, and backed foundational consumer products like Discord and Musical.ly at Greylock Partners. Currently Director of Product Management at Apple focused on App Store discovery, he is best known for his 'only metric that matters' framework - the idea that great products are defined by a core action users perform at a predictable frequency, not vanity metrics.