Chemistry cofounder: “more talented founders than ever” are moving into health care | Term Sheet

Chemistry cofounder Kristina Shen says the market may be nearing a “reckoning” point. So why is she still optimistic going into 2026? In this episode of Term Sheet, Shen discusses why she decided to co-found her own VC firm, her excitement around health care, and why her team is focused on bringing the human element into venture capital. Allie also talks about the recent SpaceX and xAI merger and her exclusive feature story on Kleiner Perkins.