Mike Chalfen

Mike Chalfen: How to Build Anti-Fragile Venture Portfolios Today | 20VC #904

Mike Chalfen

Former Apex Partners partner Mike Chalfant founded Chalfant Ventures as a solo firm to provide high-value operational mentorship and concentrated capital allocation to seed-to-Series A software companies during a severe market correction. Chalfant deploys $1 million to $3 million checks on roughly three to four investments annually, prioritizing strong unit economics and differentiated opportunities over the "moonshot" trends that characterized previous market bubbles. Through a concentrated portfolio of nine to ten companies, he advises entrepreneurs to navigate uncertainty with a framework that distinguishes between observation and actionable advice while avoiding the pitfalls of redundant board structures.