Richard Chen
Founder & Solo GP
Varrock VC
Check: $600K–$900K at pre-seed and seed, published on Varrock's live website. The fund targets a small, concentrated portfolio, commonly 0–1 new investment per quarter, to maintain ownership and hands-on capacity rather than spray and pray.
Richard backs concentrated, contrarian pre-seed and seed bets in the future of finance. For crypto-native products, he looks for category creation, missionary founders, power-user retention and continuous zero-to-one product innovation. For crypto-adjacent companies, crypto should be an enabling feature inside a much larger industry, led by commercially strong domain experts with superior distribution and unit economics rather than recent crypto pivots.
Pre-SeedSeed