Investor profile

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Founder Collective

VC

USGBCAOtherB2B SaaSAI/MLFintechHealthtechConsumerMarketplacesDeep TechEnterpriseOther

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Investment thesis

Founder Collective's mission is to be 'the most aligned VC fund for founders at the seed stage.' The firm intentionally keeps fund sizes below $100M to avoid the 'billions or bust' mentality of larger VCs, ensuring it can support exits of all sizes and dilute alongside founders over time. FC is stage-focused (pre-seed and seed), sector-agnostic, and 'proudly anti-thematic,' backing bold ideas across everything from AI to consumer goods based on founder conviction rather than hot themes. The firm's ethos centers on six pillars: founder alignment, early conviction, intrinsic value (obsessing over real use cases over hype), capital efficiency ('every dollar spent unwisely is a dollar of dilution'), a preference for weird and wonderful non-obvious ideas, and collective support — building a community of hundreds of portfolio founders who learn from each other. All full-time partners were successful founders before becoming investors.

Notable quotes

It's possible to sell a startup for $1B and make less than someone who sells theirs for $100M. Exit value is a vanity metric.

Eric Paley · Twitter / X (@epaley) · 2022-06-17

The most common exit opportunity is not a multi-billion dollar IPO but a $50M-$100M acquisition. If you've raised a modest amount of money, that can be a transformative outcome. If you've maximized VC at each stage, many, if not all, of those opportunities will be closed.

Eric Paley · Twitter / X (@epaley) · 2022-02-23

Capital is fuel for ideas that work; every dollar spent unwisely is a dollar of dilution. Burn responsibly.

Founder Collective · Founder Collective Ethos page (foundercollective.com/ethos)

Team

David Frankel

General Partner

ConsumerEnterpriseAI/MLDeep Tech

Micah Rosenbloom

General Partner

B2B SaaSHealthtechFintechAI/ML

Amanda Herson

General Partner

ConsumerMarketplacesEnterprise

Joe DeFilippi

Partner & CFO

Dave Bisceglia

Venture Partner

Jack Arenas

Principal

Recent investments

CompanyRoundSizeDate
UberSeed2009-01-01
The Trade DeskSeed2010-01-01
CoupangSeed2010-01-01
SeatGeekSeed2010-01-01
WHOOPSeed2012-01-01
AirtableSeed2013-01-01
Shield AISeed2015-01-01
VerkadaSeed2016-01-01
SunoPre-seed2023-01-01
Turgon AISeed2025-01-01

Frequent co-investors

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