# Toby Zhang

> Partner at Prairie Capital; Fmr Managing Partner at CRCM Ventures, First investor in Musical.ly (now TikTok) and Ripple

Partner at Prairie Capital, building AI-driven investment strategies across crypto and public markets.

Fmr Managing Partner at CRCM Ventures, scaling it into a global investment platform over 11 years.

Led or co-led investments that generated $1.3B+ in returns and 37x+ DVPI.

Investments include Musical.ly (now TikTok), Ripple, Ginkgo Bioworks, Sandbox VR, Agora and DRW. Named to Forbes 30 Under 30 in Venture Capital.

Founded and ran Mosaic Lab (LIT LIVE), a venture-backed social commerce startup: 2M+ users, 250M+ views, and North America commerce work with TikTok.

Started out at Microsoft on Windows and Surface, where he's a named inventor on two U.S. patents.

Things I can advise on:

✔️ Going from 0 to 1 on a new product
✔️ Raising your first venture round
✔️ Go-to-market for consumer startups
✔️ Navigating what to do after an exit
✔️ Building AI into consumer apps
✔️ Launching an emerging VC fund

I help founders and emerging fund managers build from zero to scale, and raise the capital to get there.

## Offerings

- Video call (15 min): $350.00

## Example Questions

- How much should I raise, and at what valuation?
- Should I bootstrap or raise venture capital?
- I’ve exited my company. How do I decide what’s next?
- What would make an investor pass on my pitch?
- How do I know whether to pivot or stay the course?

## Links

- [Expert profile](/tobyzhang)
- [Avatar](https://media.intro.co/avatars/1827565IBxIi6dQ.jpg)
- [Marketplace](/marketplace)