About Victor Tong

Short Intro:
Victor Tong, Managing General Partner of Webplus Ventures
Victor Tong is an experienced entrepreneur turned angel investor in China and USA.  He started his internet business back in 1994 and was recognized as the youngest “City Business 40 Under 40” in Minnesota.  As an angel investor and previously running a NASDAQ company, he had invested in a few dozen companies in Internet and mobile Internet, e-commerce, online games, social networking, gaming / lottery, BPO/outsourcing/call center, and healthcare in USA and mostly in China over the past 10 years.  He was awarded as one of the Top Ten New Angel Investor (by "The Founder" magazine) in China.  He is the author of a Chinese book “Angel Investment”, published in April 2012 as the first practical guide to startup and Angel Investment in China.  Check out his blog at: http://weibo.com/usavc/

Long Bio:
Mr. Tong is the founding Managing General Partner of Webplus Ventures, the founder of Webplus, and a “lean” angel investor.  Mr. Tong gained his consulting and technical expertise through his experience at Andersen Consulting (now Accenture, NYSE:ACN; airline accounting system development), American Express Financial Advisors (now Ameriprise Financial NYSE:AMP; Strategic Technology Planning), 3M (Part of Medical Imaging Basic Research Lab), and the Superconductivity Center at the University of Minnesota.  In 1994, Mr. Tong founded Talent Information Management (“TIM”), a leading internet software and consulting company in Minnesota. In 1997, Mr. Tong successfully sold GoWeb, the internet consulting division of TIM to Dwight and Vance Opperman’s Key Investment.  In 1996, the Oppermans sold West Publishing to Thomson Reuters for $3.4B.  Mr. Tong then became the President of Opperman's KeyTech.  In 1999, he was recognized in “City Business 40 Under 40” as the youngest of the 40 future business and community leaders in Minnesota.
After PacificNet was spun off from TIM in 1999, it went public as NASDAQ : PACT in 2000.  In 1999, talentsoft sold Web+/Webplus to oati.com.  TIM later became talentsoft and then reestablished as Webplus.  Mr. Tong served as President then CEO of PacificNet until 2008.  During his tenure, Mr. Tong acquired many leading Chinese companies such as a few leading telecom service providers and hardware distributors, the largest online mobile and e-commerce site, the largest stock advisory company, the largest Asian slot machine manufacturer in Macau, the largest slot machine and gaming system company in Eastern Europe, Russia, and South America, a large software outsourcing company, and the largest outsourcing call center in HK.  He was one of the most active Chinese executives doing bi-monthly road shows in the New York Wall Street and throughout the USA from 2003 to 2007.
Mr. Tong won the Student Commencement Speaker Award and graduated with honors with a Bachelor of Science in Physics from the University of Minnesota. Mr. Tong was an adjunct professor at the College of Software of Beihang University, one of the top software colleges in China. Mr. Tong was awarded as one of the 25 people to watch in the 2008 Global Gaming Magazine. He has been a frequent speaker at the Las Vegas and Macau G2E and other gaming conferences, and many IPO/going public, angel investor, Venture Capital, and entrepreneurship conferences in USA and China, including speeches at Harvard Business School, Wharton School, Stanford University, Peking University, Tsinghua University, and Sun Yat-Sen University Business Schools.  He has a strong following across Beijing, Shanghai, Guangzhou and Shenzhen hosting monthly 3-hour salons targeting entrepreneurs and angel investors in China!
Mr. Tong is experienced in raising angel, VC, private, PIPE, and public equity and debt financing; leading and advising mergers and acquisitions, due diligence; going public via IPO and RTO, going private; and operating many NASDAQ, OTCBB, and Pink Sheets companies in China.  Mr. Tong is very hands on in areas such as corporate strategies, productizing, IT/software, online and traditional marketing/sales, investor relations, road shows presentations, litigations and preventions, SEC filings (Ks, Qs), legal structures, commercial contracts, internal and external audit, internal control, and government and security compliances in the USA, Hong Kong, and China.
He was awarded as one of the Top Ten New Angel Investor (by "The Founder" magazine) in China.  He is the author of a Chinese book “Angel Investment”, published in April 2012 as the first practical guide to startup and Angel Investment in China.  Check out his blog at: http://weibo.com/usavc/