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  1. Home
  2. /VCs
  3. /Raymond Feng
  4. /Briefing
Pre-Pitch Briefing

Raymond Feng

Technical Partner at Lightspeed Faction

Check size: No personal check-size range is published. Faction invests at Seed and Series A through equity and tokens; its fund size and portfolio rounds are not Raymond's personal allocation parameters.

SeedSeries AToken NetworksProtocol LaunchTechnical DiligenceBlockchain InfrastructureDistributed SystemsCryptographyDeFiDeveloper ToolsWalletsProtocolsSmart ContractsAI and CryptoWeb3 Applications

Their Thesis

As Faction's Technical Partner, Raymond evaluates early blockchain companies across the stack, from base infrastructure to applications. The safest evidence-supported interpretation of his mandate is technical diligence on whether a protocol is fundamentally useful, securely designed, and executable by a team capable of balancing a frontier vision with precise delivery.

How to Pitch Them

Bring the technical founder and a concise architecture diagram. State the trust model, consensus and execution assumptions, attack surface, audits, benchmarks, node and validator economics, token role, upgrade and governance controls, developer workflow, dependencies, and failure recovery. Demonstrate a working system and explain what is genuinely novel versus inherited infrastructure.

What Excites Them

Technically credible builders, fundamental blockchain utility, architecture that advances the industry, explicit security and decentralization assumptions, precise execution, and teams able to engage deeply on protocol tradeoffs rather than relying on a high-level narrative.

What They Pass On

No personal pass list or interview was found. Faction's published criteria and his technical title imply concern with unnecessary tokens, blockchain without utility, copied protocols, hidden trust assumptions, untested security claims, weak developer ergonomics, and roadmaps that do not match the team's technical capacity. These are explicitly inferred filters.

Key Frameworks

Protocol trust-boundary map

Enumerate every actor, key, oracle, sequencer, bridge, validator, administrator, and upgrade path; state what each can observe, block, steal, censor, or change.

Token-necessity test

Determine whether a token is required for security, coordination, access, ownership, or value transfer and whether those functions survive realistic concentration and incentive attacks.

Technical-execution gap

Compare promised capability with working code, benchmarks, audits, testnet behavior, dependency maturity, team expertise, and the capital and time required to reach production.

Lightspeed Faction Portfolio

Top Sectors

Infrastructure2
Wallet1

Stage Distribution

Series B2
Series A1
Lightspeed_wordmark_bright (1)
profile pic
TK Faction pfp
faction.eth
Notion
OpenFX
stork
Monad
SxT
XMTP

+ 49 more investments. View fund →

← Full profileLightspeed Faction website