Brett Berson and Phin Barnes on Lessons Learned From Over a Decade at First Round Capital
b'Phin Barnes (@phineasb) and Brett Berson (@brettberson), partners at First Round Capital, join Erik on this episode.
They discuss:
- Why when First Round was started VC was mainly an \\u201canti-network business.\\u201d
- How the needs of founders and companies have evolved since First Round was started.
- The four phases of a company and when to think about raising funds.
- How to think about price as an investor.
- What, in their opinion, are the predictors of founder success.
- Some of the projects and initiatives they\\u2019ve worked on at First Round.
- How they get up to speed quickly on different spaces.
- The future of the firm.
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Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg. Grace Chen is our audio engineer and the show is produced by Brett Bolkowy.'