Chalfen Ventures

“So quite frequently in the last year or two, I've made offers term, you know, issued term sheets to companies saying I can underwrite the round. Or, and I want to invest at least X, which is typically half. And so they've got a choice and actually what's come …”

“But I learned early in my career that any business opportunity where I or my partners thought was a very good service that they would definitely use, that was almost certainly addressing way too small a market opportunity, right?”

“So by sort of removing that possibility from my funds by virtue of size, you know, they're sort of sub hundred million dollars. You know, it's, I'm under less pressure to invest a lot in the next round typically.”