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Chris Paik

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  1. 20VC with Harry Stebbings1h 48m

    Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011

    Chris Paik, Harry Stebbings

    Chris Day founded Pace to address the early-stage investing gap left by Thrive Capital's growth, deploying a concentrated strategy that targets 10–20 companies with deep, one-on-one founder relationships rather than broad portfolio support. The firm operates as an equal partnership of five to six general partners to incentivize long-term ownership, utilizing unique analytical frameworks like the "Atomic Value Swap" and the "Seven Deadly Sins" to evaluate market timing and structural defensibility. Through this model, Pace aims to generate significant enterprise value by avoiding industry misalignments regarding fees and carried interest while maintaining strict discipline on market risk and deliberate moat engineering.