Lee Jacobs is Co-Founder and Managing Partner of Long Journey Ventures. Before Long Journey he was, per the firm's own team page, one of the first outside investors to complete a syndicate on AngelList, where he later became a Partner. He raised a micro-fund called Edelweiss with Brian Balfour, Elaine Wherry and Jonathan Bruck, and in 2020 renamed that fund Long Journey Ventures, expanding the partnership with Pascal Levy-Garboua and Cyan Banister. He is the named related person on the Forms D for LJ Ventures Fund II, LJV Fund III, Long Journey Fund IV and Long Journey Fund V. He writes most of the firm's published posts, including its accounts of investing in Crusoe, Substrate and TrueMed. The team page states he lives in San Francisco.
Previous Experience
AngelList - Partner; the firm's team page states he was one of the first outside investors to complete a syndicate on AngelList and later became a Partner there
Edelweiss - founder of the micro-fund that was renamed Long Journey Ventures in 2020, raised with Brian Balfour, Elaine Wherry and Jonathan Bruck
Notable Investments
CrusoeSubstrateTrueMedTogether AILoom
Career Timeline
2020
Renames the Edelweiss micro-fund Long Journey Ventures and expands the partnership with Pascal Levy-Garboua and Cyan Banister, per his own post 'Long Journey: The Beginning'.
2021
Named as Managing Director of the general partner and as a related person on the Form D for LJ Ventures Fund II, L.P., filed 17 June 2021.
2022
Named as a related person on the Form D for LJV Fund III, L.P., filed 4 August 2022.
2024
Named as Managing Director of the general partner on the Form D for Long Journey Fund IV, L.P., filed 29 March 2024.
2025
Announces the close of Long Journey IV on 19 March 2025 in the firm post 'Long Journey: Coming of Age'.
2026
Named as Managing Director of the general partner on the Form D for Long Journey Fund V, L.P., filed 6 March 2026.