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Chris Paik
General Partner at Pace Capital
Chris Paik is a General Partner at Pace Capital, an early-stage venture capital firm based in New York City.1 Here are some key details about Chris Paik:
Background and Experience
- Co-founder and General Partner at Pace Capital since June 20192
- Previously spent 8 years as a General Partner at Thrive Capital from 2010 to 201813
- Joined Thrive Capital when it was on its first $10 million fund3
Education
- Graduated from Harvard University with a BA degree2
Investing Profile
- Current investment range: $100K - $10 million, with a sweet spot of $1 million1
- Has 7 investments on record, including companies like NamiComi, Trolley, SchoolHouse, Tiltify, and Patreon1
- Focuses on sectors like Gaming/eSports, Education, Consumer Internet, and Enterprise at Seed and Series A stages1
Investment Philosophy
- Believes in "investing in companies that can be described in a single sentence"4
- Considers "Business Model Fit" to be as important as Product-Market Fit4
- Analyzes consumer businesses according to "The Seven Deadly Motivators"4
Notable Achievements
- Helped raise $400 million for Pace Capital across two funds ($150 million first fund, $250 million second fund)3
- Sat on the board of Twitch during his time at Thrive Capital4
Chris Paik is known for his insights on venture investing frameworks and his experience in building successful venture capital firms.
Highlights
Oct 23 · twitter
How to use economics to cultivate personal style 🧵
Oct 18 · twitter
Next time an investor asks for a revenue comp multiple, tell them 1370x https://t.co/w9F7K6TUAM
Jul 22 · Crain's New York Business
Crypto couple scores Lower East Side penthouse for $9M (in conventional money) - Crain's New York Business
Jun 1 · VentureBeat
What's eating B2B SaaS - VentureBeat
Aug 9 · every.to
A VC Shares His Secrets for Picking Investments - Every
May 8 · youtube.com
Chris Paik: How I Raised $400M; Substack's Broken Business Model
May 8 · thetwentyminutevc.com
Product Fit is as Important as Product-Market-Fit with Chris Paik ...