Liz Wessel (@lizwessel) / X

Liz Wessel

6,660 posts

Liz Wessel

@lizwessel

Partner at @FirstRound, Wife & Mom. Before this: Co-founder/CEO at WayUp, Visiting Partner at YC, and Seed Angel Investor (Ramp, Scale, Ro, etc)

San Francisco, CA

lizwessel.com

Joined September 2010

Liz Wessel
@lizwessel
Sep 13, 2025
There’s a Charlie Kirk rally going on in my (very liberal/blue) San Francisco neighborhood with signs saying things like “free speech”. I haven’t seen a murder ignite this many peaceful rallies (across the globe, and in every kind of neighborhood) in a long time.
122K
Liz Wessel
@lizwessel
Mar 22, 2025
This has to be the frothiest VC market for seed and pre-seed I’ve seen in my tech lifetime (2012 - present). It’s becoming truly absurd.
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Liz Wessel
@lizwessel
Mar 2, 2025
Has anyone written about the trend over the last 6-12 months of founders 18-26 y/o raising VC to buy old schools businesses and inject AI into them? Have seen so many pitches in every vertical on this in 2024, and looks like still in 2025. I’m curious to learn how VCs who have
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Liz Wessel
@lizwessel
Jun 17, 2025
PSA to founders raising money. Fudging revenue numbers during a fundraise isn’t just a bad look. It can be a crime. Securities fraud is a real thing. If you falsify or mislead investors about your revenue numbers, you can go to jail. And on that note: 👇👀
261K
Liz Wessel
@lizwessel
Sep 26, 2025
New ARR trend im now hearing about: posting publicly about your epic ARR growth when it turns out all of your ARR is credits you gave away to customers, with none of them actually paying you dollars/revenue. Wild.
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Liz Wessel
@lizwessel
Oct 16, 2025
Momentum is not a moat. I repeat. Momentum is not a moat.
Bryan Kim
@kirbyman01
Oct 15, 2025
$2M ARR in three months used to be impressive. Now we expect it within ten days. Right now, momentum is the only moat.
00:00
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Liz Wessel
@lizwessel
May 15, 2025
TIL there’s only 300 Waymo’s operating in SF, which is insane because it feels like I see a Waymo every 30 seconds when driving around the city. (this is written while sitting in a Waymo.)
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Liz Wessel
@lizwessel
Aug 13, 2025
A Google employee I know was recently looking to buy software for a certain problem. Had budget, is a decision maker, and was ready to buy. He reached out to every startup we could find in the space: all seed, A & B companies. All did demos & ended those calls saying they’d
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Liz Wessel
@lizwessel
Sep 23, 2024
Enterprise pricing. Most founders don't have a game plan beyond throwing up a "Contact Sales" button on the site. When I started my co at 23 y/o, I remember making all the pricing mistakes in the playbook. 10+ years later and having now worked w hundreds of founders as an
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Liz Wessel
@lizwessel
Nov 20, 2024
Why do so many people become investors / partners and suddenly grow enormous egos? It’s so obnoxious. You’re not the one who’s special. Your founders are.
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Liz Wessel
@lizwessel
Sep 26, 2023
Very excited to share that Ive joined @firstround as their newest Partner🎉🎉 After 7 years as an entrepreneur, 6 years as an angel, & then a few batches as Visiting Partner @ YC, joining First Round feels like a dream, and Im so thrilled to join the team: firstround.com/news/meet-firs…
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Liz Wessel
@lizwessel
Jan 12, 2025
It feels like once a month I hear of yet another startup that claims to be building "AI Sales Reps/SDRs". They all get to $1M ARR in impressive time (1 month? 3 months?) and then stall out later due to insanely high and unsustainable churn. Curious to see which of these companies
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Liz Wessel
@lizwessel
Mar 19, 2025
Things I never thought I had to say out loud: demo’ing your product to a potential investor is great, and asking them to come to your office for it, also totally cool. But if your office is your bedroom, don’t insist they come to you, or at least find another spot. (And if you
133K
Liz Wessel
@lizwessel
Oct 8, 2025
As a founder, every 1-2 months Id meet up w 2 other founders who I trusted completely. The 3 of us would get dinner & vent, tell war stories + give each other advice. Complete transparency. It was the best + core to my staying sane. I recommend all founders find their equivalent.
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