The Startup Playbook Podcast

Insights and lessons from the world's best entrepreneurs and investors

Ep164 – Chris Hitchen (Managing Partner – Possible Ventures) on investing in the possible

My guest for Ep164 of The Startup Playbook Podcast, was Chris Hitchen the Co-founder & Managing Partner of Possible Ventures.

Possible Ventures is an early stage venture capital fund that invests in frontier technology. Their approach in investing early, with a high cadence and investing globally has resulted in an incredible portfolio of over 100 startups which includes the likes of Sport NFT trading card startup Sorare.

Possible Ventures was one of the earliest backers of the company writing a $50K cheque into company that had 5 people and 1 team signed on hailing from the 3rd division of the Belgian League with a company valuation of 2.3M Euros pre-money. Fast forward 2.5 years and Sorare is now worth over $4B Euros, providing an incredible return on their initial investment.

In this episode we cover a lot ground diving into topics like:

  • Chris’s background as a founder and operator
  • His journey as an investor from writing angel cheques to running syndicates to their co-operative fund model
  • Possible’s investment strategy on betting early and with high cadence into frontier tech
  • Lessons from investments and his belief in backing founders that have an authenticity of mission
  • Investing in what’s possible, not just what’s probable
  • and much more!


  • 3:44 – Chris’s background
  • 4:40 – Lessons from Chris’s background in sports science
  • 8:47 – Chris’s early career as a founder and operator
  • 11:14 – The advantage of the Micro fund model
  • 13:33 – Chris’s early investments 
  • 21:21 – What’s changed from Chris’s days as an Angel Investor to running Possible Ventures
  • 26:41 – How Chris’s approach to early stage and high cadence investing affects their approach to ownership in companies when they invest
  • 29:40 – Speed and backing your gut when making decisions on hiring and investing
  • 35:23 – Lessons from investing mistakes and why resilience and authenticity of mission is important when investing
  • 40:01 – Chris’s approach to building conviction in early stage frontier tech startups like Psylo
  • 47:30 – The story behind Possible Venture’s seed stage investment in Sorare
  • 52:13 – Possible’s investment model and structure
  • 57:02 – Investing in the possible and how founders can articulate their values and mission

Our partners

A big thank you to Simon Betschel and Josh Ismin for their help with this interview. Also a big thank you to our partners for this episode.


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People mentioned

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