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@close_first

First Close Partners

@close_first
First Close Partners strives to make VC more inclusive. We back venture funds owned by underrepresented managers (“URMs”), esp to help them to a “first close.”
NYC & SF Bay
firstclosepartners.com
Joined December 2020
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  • Pinned
    @close_first
    First Close Partners
    @close_first
    Mar 9, 2021
    😳 thanks @ychernova & to our partners: @thebetsyz @tgr @reginabenjamin @joshk @EdGrapeNutZimm @pjparson @bibicheri @tyahma @MorganCheatham @batmelon (more coming)
    @ychernova
    Yuliya Chernova
    @ychernova
    Mar 9, 2021
    First Close Partners backs diverse VCs. The group already invested in two dozen funds & plans to back 60 this year. "We’ve seen instances of our money being dramatically multiplied by other LPs" @EdGrapeNutZimm @close_first venturecapital.cmail20.com/t/ViewEmail/d/…
    5
  • @close_first
    First Close Partners
    @close_first
    Oct 24, 2023
    This 🧵 ( DPI takes 🕰️ ) is based on actual returns from @EdGrapeNutZimm + @thebetsyz personal portfolio predating their founding of our fund of funds. That said, it includes underrepresented managers in VC who are (based on DPI, a decade after vintage) overperforming!
    @EdGrapeNutZimm
    Ed Zimmerman
    @EdGrapeNutZimm
    Oct 24, 2023
    Replying to @EdGrapeNutZimm
    3) We sorted the > 100 VCs in which we’ve personally invested over the last decade+. We filtered for stage - because it is logical than growth funds would return $$ to LPs sooner than seed funds.
  • @close_first
    First Close Partners
    @close_first
    Oct 13, 2023
    Our Statement Condemning the October 8, 2023 Hamas Attacks on Israel. linkedin.com/posts/first-cl…
    2
  • @close_first
    First Close Partners
    @close_first
    Oct 19, 2022
    For our next Quarterly Meeting, 2 of our speakers: @donutsdidthis from @floodgatefund & our cofounder/investment committee member @pjparson from @northzoneVC discuss how to build an enduring VC firm during turbulent markets, including how to deal w/ exits & allocate reserves
    Gaby Moreno (Latin Grammy winner / Emmy winner) duets with PJ Parson in NYC 2015
    1
  • @close_first
    First Close Partners
    @close_first
    Aug 30, 2022
    This 🧵 from @Lumikai (in which we are investors) explains enhancements to the investing thesis in gaming in India. The rollout / caped has great implications for education & bringing others online w/ better web access/connectivity cc @SaloneSehgal
    @Lumikai
    Lumikai
    @Lumikai
    Aug 30, 2022
    Replying to @Lumikai
    1. 5G network in India will be rolled out starting October 2022. The company has earmarked $25 billion (yes, this capex number is 1.7x times China Telecom’s 2022 5G capex budget) for this rollout and intends to deliver Jio 5G in every town in the country by December 2023.