Prior to launching Imagination Capital, Rachel Lam founded the Time Warner Investments group in 2003, and was head of the strategic investing arm of Time Warner Inc. for 14 years until early 2017. Under her leadership, the venture capital group of Time Warner invested over $325MM in 54 companies. She has led numerous investments in early stage, venture-backed companies and was a board member or observer for all of her TW portfolio companies. Rachel managed Time Warner's investments in and exits from many portfolio companies, including: Maker Studios (sold to Disney), Bluefin Labs (sold to Twitter), Admeld (sold to Google), Playspan (sold to Visa), MediaVast (sold to Getty Images), CrowdStar (sold to Glu Mobile), Kosmix (sold to Walmart), iSocket (sold to the Rubicon Project), ScanScout (sold to Tremor Video), Glu Mobile (NASDAQ: GLUU) and Turbine (sold to Warner Bros).
She has been the head of the strategic investing arm of Time Warner Inc. since its launch in 2003. Before returning to Time Warner in 2001, Ms. Lam was a principal at Quetzal/Chase Capital Partners, a venture capital group focused on the communications industry, and before that was VP, U.S. private equity at CSFB Equity Partners, a $2.75 billion private equity fund investing in a broad range of industries.
Prior to that, she was Director, Office of the President at Time Warner Inc., where she worked directly for former Time Warner CEO, Dick Parsons on corporate transactions and strategic initiatives. In addition, Ms. Lam spent several years in investment banking, focusing on the media sector at Credit Suisse First Boston and on mergers and acquisitions at Morgan Stanley.