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

1.1K Following 2.4K Followers 1.8K Posts

Latest posts 5

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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)

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/…

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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!

Ed Zimmerman @EdGrapeNutZimm Oct 24, 2023

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.
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First Close Partners @close_first Oct 13, 2023

Our Statement Condemning the October 8, 2023 Hamas Attacks on Israel.
linkedin.com/posts/first-cl…

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

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 Verified account @Lumikai Aug 30, 2022

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.
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