TEAM

Wendy Lung
VP of Business Development and Client Success

Wendy is an experienced executive operating at the intersection of enterprise business, venture investment, and startup innovation to drive strategic growth opportunities. She is a trusted advisor for global corporations, VCs, startups, incubators, accelerators, and governments, and was recognized on Global Corporate Venturing’s Powerlist.

Prior to joining Mach49, Wendy served as Managing Director of IBM Ventures, where she was at the forefront of business model and technology disruptions for one of the world’s largest technology companies. She addressed strategic gaps for IBM and its largest clients through direct investments, acquisitions, and partnerships with venture capitalists and startups. Her responsibilities spanned all business units, including AI, Cloud, Security, IoT, and 17 vertical industries.

As a serial intrapreneur, she also built and launched several ventures from within IBM, including the Net Generation Business. Under Wendy’s leadership, Net Generation — IBM’s first dot-com business in Asia — scaled from zero to over $1B in revenue in just 3 years. To stimulate long-term innovative growth, she created Global Entrepreneur — IBM’s first worldwide business partner program for startups — and Innovation Hub, a consulting offering to decrease the time and risk for enterprises to bring new ideas to life.

In addition to her work with Mach49, Wendy acts as an advisor to several early stage venture funds specializing in AI and global B2B. She previously served on the Advisory Board for Global Corporate Venturing Summit and has coached hundreds of global entrepreneurs on navigating complex organizations, fine-tuning products, and establishing competitive positioning to better serve enterprise needs.

Wendy holds a BA in business administration from the University of Washington.