Rich Wong
| Rich Wong | |
| Born | Richard Wong |
|---|---|
| Nationality | American |
| Occupation | Venture capitalist, technology executive |
| Employer | Accel (partner); Fastly, Inc. (CFO, from 2025) |
| Known for | Partner at Accel, investments in mobile, AI, SaaS, and enterprise technology |
| Education | Georgetown University |
Rich Wong is an American venture capitalist and technology executive who has built a career at the intersection of enterprise technology investing and corporate leadership. As a partner at Accel, one of Silicon Valley's leading venture capital firms, Wong has focused his investment activities on companies in the areas of mobile technology, artificial intelligence, software as a service (SaaS), and enterprise technology.[1] In August 2025, Wong was named Chief Financial Officer of Fastly, Inc. (NYSE: FSLY), a publicly traded edge cloud platform provider, marking a transition from his venture capital career into a senior corporate executive role.[2] Wong has also been recognized for his philanthropic activities, including contributions to Georgetown University's McCourt School of Public Policy.[3]
Career
Venture Capital at Accel
Wong has served as a partner at Accel, a global venture capital firm headquartered in the San Francisco Bay Area. At Accel, Wong concentrated his investment strategy on companies operating in the mobile, artificial intelligence, SaaS, and enterprise technology sectors.[4] During his tenure at Accel, Wong led investments in numerous technology companies across these domains, establishing himself as a prominent voice in the venture capital industry.
In June 2025, Wong appeared alongside Laela Sturdy, Managing Partner at CapitalG (Alphabet's independent growth fund), in a Bloomberg Television segment discussing the state of the venture capital landscape and private capital markets.[5] During that same period, Wong made headlines when he shared his assessment that approximately 20 percent of technology startups valued at more than one billion dollars — commonly referred to as "unicorns" — would ultimately fail. At the time, there were more than 1,000 such venture-backed unicorn companies globally, and Wong's prediction that at least one in five faced probable failure drew attention from investors and industry observers.[6] The statement reflected a broader conversation in the venture capital industry about the sustainability of elevated startup valuations amid changing market conditions.
Chief Financial Officer of Fastly
On August 6, 2025, Fastly, Inc. announced that Richard Wong would join the company as its new Chief Financial Officer, as part of a broader executive leadership transition.[2] Fastly, a provider of edge cloud platform services traded on the New York Stock Exchange under the ticker symbol FSLY, reported annual revenue of approximately $555 million at the time of the announcement.[7] The announcement was made concurrently with the promotion of Scott Lovett to the position of President, Go to Market, signaling a restructuring of Fastly's senior leadership team.[2]
Wong's appointment represented a notable career shift from venture capital investing to corporate financial management at a publicly traded technology company. His background in evaluating and investing in enterprise technology companies at Accel was seen as relevant experience for the CFO role at a technology infrastructure firm like Fastly.
In November 2025, Fastly announced that its management team, which by that time included Wong as CFO, would be participating in upcoming investor conferences, indicating his active role in the company's investor relations and corporate strategy activities.[8]
Philanthropy
Wong and his wife, Gerri Wong, have been active in philanthropic endeavors, particularly in the area of education and public policy research. In March 2023, Georgetown University's McCourt School of Public Policy announced a $250,000 gift from Gerri and Rich Wong. The donation was designated to expand research opportunities and policymaker engagement for students at the school. Specifically, the philanthropic contribution provided funding for an assistantship at the Center for Education and the Workforce (CEW) and bolstered student programming at Georgetown University Politics (GU Politics).[3] The gift reflected the Wongs' interest in supporting the development of future leaders in public policy and governance through practical research and engagement experiences at one of the nation's leading policy schools.
References
- ↑ "Rich Wong".Forbes.2025-05-27.https://www.forbes.com/profile/rich-wong/.Retrieved 2026-02-24.
- ↑ 2.0 2.1 2.2 "Fastly Announces CFO Transition and Executive Leadership Promotion".Yahoo Finance.2025-08-06.https://finance.yahoo.com/news/fastly-announces-cfo-transition-executive-200600552.html.Retrieved 2026-02-24.
- ↑ 3.0 3.1 "$250K gift expands research and policymaker engagement opportunities for students".McCourt School of Public Policy - Georgetown University.2023-03-03.https://mccourt.georgetown.edu/news/gift-gerri-rich-wong/.Retrieved 2026-02-24.
- ↑ "Rich Wong".Forbes.2025-05-27.https://www.forbes.com/profile/rich-wong/.Retrieved 2026-02-24.
- ↑ "Watch CapitalG's Sturdy & Accel's Wong on the VC Landscape".Bloomberg.com.2025-06-05.https://www.bloomberg.com/news/videos/2025-06-05/capitalg-s-sturdy-accel-s-wong-on-the-vc-landscape-video.Retrieved 2026-02-24.
- ↑ "About 20% of Tech Startups Worth More Than $1 Billion Will Fail, Accel Says".Bloomberg.com.2025-06-05.https://www.bloomberg.com/news/articles/2025-06-05/about-20-of-tech-unicorns-will-die-accel-partner-predicts.Retrieved 2026-02-24.
- ↑ "Fastly names Richard Wong as new CFO, promotes Scott Lovett".Investing.com.2025-08-06.https://www.investing.com/news/company-news/fastly-names-richard-wong-as-new-cfo-promotes-scott-lovett-93CH-4174515.Retrieved 2026-02-24.
- ↑ "Fastly to Present at Upcoming Investor Conferences".Business Wire.2025-11-04.https://www.businesswire.com/news/home/20251104478792/en/Fastly-to-Present-at-Upcoming-Investor-Conferences.Retrieved 2026-02-24.