fbpx
Connect with us

Entrepreneurship

A Founder’s Story with the CEO and Founder of Shop LIT Live, Toby Zhang

Toby Zhang is the CEO and founder of Shop LIT Live, the social media-powered shopping platform. Toby leads a talented management team focusing on driving growth and innovation. Previously, Toby was a partner at CRCM Ventures leading the firm’s investments in consumer and emerging technologies. During his tenure, his successful investments include Musical.ly (now TikTok), Ripple, Ginkgo Bioworks, Firework, Wink, Itui, Drone Racing League, and more. In 2016, Toby was voted Forbes VC 30 under 30.
Tell us about your childhood and where you grew up? 
I was born in Beijing China, and after migrating to the US, grew up in the suburbs of Maryland. My father was quite literally a rocket scientist and at a young age, I became fascinated with the ways his work helped us explore and understand the universe around us. On the other hand, my mother was an artist and she taught me that we should always strive to see the world around us through different perspectives and that oftentimes the answers are not always absolute. Growing up I was an avid participant in team sports with my favorite sport being basketball. I still play regularly to this day. Influenced by technology, creativity, and a team environment, I’ve continually sought education and career opportunities that combine all of these elements. This eventually led me to pursue formal education in engineering and business and to embark on my entrepreneurial journey.
How did you get started as an entrepreneur?
After completing my master’s in engineering at Michigan, I spent several years leading technical product teams at Microsoft. After that, I pursued an MBA at Wharton and transitioned from a builder of tech to an investor. I spent the next 7 years as a VC Partner at CRCM Ventures. During my tenure, I was blessed to work with many entrepreneurs and startup founders in their early days. Inspired by them, in early 2020 I started Shop LIT Live and transitioned from my investment role back into an operating role. We are now a team of more than 20 people and it has been an incredible journey!
What is one business lesson you would tell a startup founder?
Companies of all stages should be continually innovating. Don’t be afraid to pivot and try new things when something isn’t working. Most successful companies have changed many many times along the way. Do what you love and do it with the people you love doing it with. Eventually, all the right things will fall into their place.

Our mission is to Diversify media and impact 100 million people. We highlight incredible entrepreneurs, authors, coaches, and leaders who are impacting the world. If you know someone who deserves to be highlighted email hello@ibhmedia.co

Join Disrupt Magazine

defi
Become A Disrupt Contributor

Most Disruptive

tezos and NFT tezos and NFT
NFT3 weeks ago

Beginners guide to NFTs: What are non-fungible tokens?

You have probably heard the word NFT hundreds of times so far. At first glance, you thought it only had...

Sports + Gaming2 months ago

What Motorcycles Are Good For Long Trips?

Motorcycles are all about freedom. But the question is: how often do we really go out there and enjoy the...

Executive Voice2 months ago

3 Ways Maternal Instincts Give Women In Leadership An Advantage

As the landscape of gender roles continues to be redefined, these 3 experts agree that their maternal instincts provide an...

Executive Voice3 months ago

The Queen of Title: How Powerplayer Rachel Luna is Disrupting the Title Industry Through a Modern Approach

Rachel Luna has made quite the name for herself within Texas’s title real estate business as the Title Queen and...

Executive Voice3 months ago

Nancy Almodovar: The Latina CEO Who is Disrupting the Status Quo of the Luxury Real Estate Market

It comes as no surprise that Nancy Almodovar, the CEO and founder of Nan and Company Properties, is one of...

Business3 months ago

How To Nurture Talent Within Your Business

Your business can only succeed with talented workers on the payroll. Luck and even strong economic conditions will only get...

NFT4 months ago

Solana’s value plummets below $98 due to a Wormhole Exploit

Many people thought blockchain technology was robust, secure, and virtually “unhackable.” However, the crypto world has faced several hacking incidents...

NFT4 months ago

Polly Kole, The Beauty With Gifted Hands Tycoon Of NFT Sculptures

In a society full of stereotypes, people clinging to appearance and disregarding one’s achievements is the magnificent Polly Kole stunning...

gold and black round emblem gold and black round emblem
Cryptocurrency5 months ago

Bitcoin’s Volatility Explained

Since cryptocurrency was introduced in 2009, it has become a very controversial subject for both critics and supporters. One of...

News5 months ago

Spider Man; No Way Home’, Crushes Box Office Estimates Generating A Mammoth $253 Million In North America.

After only 3 days in the cinemas, the latest and last Spidey outing disrupted the international market as the highest-grossing...

Trending

Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.