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.
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.
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.
Join other data-driven founders today
Metal provides the tools that founders need to put the odds in their favor.
Fundraising
Autopilot
Product
Thought Leadership
Resources
Education
Company
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.
Fundraising
Autopilot
Product
Thought Leadership
Resources
Education
Company
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.
Fundraising
Autopilot
Product
Thought Leadership
Resources
Education
Company
Stay updated with Metal's bi-monthly newsletter on all things fundraising.


© 2026 Apollo13 Technologies Inc. (Metal)
