Upcoming

What First Round Looks For (From Someone Who Was a Founder First)

What does a seed investor look for before there's traction, a clear product, or proof? Liz Wessel has lived both questions — as a founder and now as a Partner at First Round Capital.

Liz Wessel has seen both sides of the table.

​Before becoming a Partner at First Round Capital, she co-founded WayUp at 23, scaled it to 6M+ users, raised $40M, and exited via merger in 2021 — after nearly 8 years as CEO. Before that, she was part of the Product & Brand Marketing team at Google.

​Since joining First Round, Liz has also been named to the Forbes Midas Brink List 2025 — and brings a founder-first lens to seed investing.

​Join us for a conversation with Liz on what First Round looks for at the seed stage:

  • Founder-Investor Edge — How building and exiting a company shapes the way Liz evaluates founders;

  • What First Round Looks For — The signals, traits, and patterns that stand out at the earliest stages — before significant traction and a clear product-market fit;

  • The Seed Playbook — What a generalist, stage-focused approach to investing actually looks like in practice, and what it means for founders across industries.

​There will be time for Q&A at the end. Most useful for early-stage founders, pre-seed and seed stage builders, and anyone preparing to raise their first round.

Speakers:


  • Liz Wessel: Liz is a Partner at First Round Capital, investing at the Seed and Pre-Seed stages. She was previously Co-Founder & CEO of WayUp — which grew to 6M users, raised $40M, and exited via merger in 2021 — and a Visiting Group Partner at Y Combinator. She has angel invested in 45+ companies including ScaleAI, Ramp, and Ro.


Featuring

​Liz Wessel

Partner at First Round Capital

Upcoming

What First Round Looks For (From Someone Who Was a Founder First)

What does a seed investor look for before there's traction, a clear product, or proof? Liz Wessel has lived both questions — as a founder and now as a Partner at First Round Capital.

Join 5,000+ founders and startup leaders who stay ahead with Metal's weekly newsletter.

Liz Wessel has seen both sides of the table.

​Before becoming a Partner at First Round Capital, she co-founded WayUp at 23, scaled it to 6M+ users, raised $40M, and exited via merger in 2021 — after nearly 8 years as CEO. Before that, she was part of the Product & Brand Marketing team at Google.

​Since joining First Round, Liz has also been named to the Forbes Midas Brink List 2025 — and brings a founder-first lens to seed investing.

​Join us for a conversation with Liz on what First Round looks for at the seed stage:

  • Founder-Investor Edge — How building and exiting a company shapes the way Liz evaluates founders;

  • What First Round Looks For — The signals, traits, and patterns that stand out at the earliest stages — before significant traction and a clear product-market fit;

  • The Seed Playbook — What a generalist, stage-focused approach to investing actually looks like in practice, and what it means for founders across industries.

​There will be time for Q&A at the end. Most useful for early-stage founders, pre-seed and seed stage builders, and anyone preparing to raise their first round.

Speakers:


  • Liz Wessel: Liz is a Partner at First Round Capital, investing at the Seed and Pre-Seed stages. She was previously Co-Founder & CEO of WayUp — which grew to 6M users, raised $40M, and exited via merger in 2021 — and a Visiting Group Partner at Y Combinator. She has angel invested in 45+ companies including ScaleAI, Ramp, and Ro.


Featuring

​Liz Wessel

Partner at First Round Capital

Upcoming

What First Round Looks For (From Someone Who Was a Founder First)

What does a seed investor look for before there's traction, a clear product, or proof? Liz Wessel has lived both questions — as a founder and now as a Partner at First Round Capital.

Liz Wessel has seen both sides of the table.

​Before becoming a Partner at First Round Capital, she co-founded WayUp at 23, scaled it to 6M+ users, raised $40M, and exited via merger in 2021 — after nearly 8 years as CEO. Before that, she was part of the Product & Brand Marketing team at Google.

​Since joining First Round, Liz has also been named to the Forbes Midas Brink List 2025 — and brings a founder-first lens to seed investing.

​Join us for a conversation with Liz on what First Round looks for at the seed stage:

  • Founder-Investor Edge — How building and exiting a company shapes the way Liz evaluates founders;

  • What First Round Looks For — The signals, traits, and patterns that stand out at the earliest stages — before significant traction and a clear product-market fit;

  • The Seed Playbook — What a generalist, stage-focused approach to investing actually looks like in practice, and what it means for founders across industries.

​There will be time for Q&A at the end. Most useful for early-stage founders, pre-seed and seed stage builders, and anyone preparing to raise their first round.

Speakers:


  • Liz Wessel: Liz is a Partner at First Round Capital, investing at the Seed and Pre-Seed stages. She was previously Co-Founder & CEO of WayUp — which grew to 6M users, raised $40M, and exited via merger in 2021 — and a Visiting Group Partner at Y Combinator. She has angel invested in 45+ companies including ScaleAI, Ramp, and Ro.


Featuring

​Liz Wessel

Partner at First Round Capital

Join other data-driven founders today

Metal provides the tools that founders need to put the odds in their favor.

Stay updated with Metal's bi-monthly newsletter on all things fundraising.

© 2026 Apollo13 Technologies Inc. (Metal)

Join other data-driven founders today

Metal provides the tools that founders need to put the odds in their favor.

Stay updated with Metal's bi-monthly newsletter on all things fundraising.

© 2026 Apollo13 Technologies Inc. (Metal)

Join other data-driven founders today

Metal provides the tools that founders need to put the odds in their favor.

Stay updated with Metal's bi-monthly newsletter on all things fundraising.

© 2026 Apollo13 Technologies Inc. (Metal)