Valuations Need To Be Grounded In Reality The bank run on SVB caused quite a stir in the startup world over the past two weeks. The saga marks the end of the “easy money” era that has lasted the better part of decade. Low interest rates encouraged a “risk-on” approach to…
Lumen Deal OVERSUBSCRIBED In Just One Week… But You Can Still Get A Piece Well, that was quick. Our £400K Lumen syndicate allocation has gone. It is the…
Lumen Deal Live On Platform. Allocation Nearly Gone (Only 30% Remaining) The Lumen deal has been live on the platform since Wednesday. 70% of the…
Seeking Value, Not Unicorns After our “triumphant” American debut on the Marketecture podcast last week, FPC has been reflecting this week on our core…
FPC Talks To Ari & Eric Ari Paparo and Eric Franchi are two legends of the ad tech space, having built, scaled and sold ad tech companies. They host the…
In Defence Of the Ad Net Model Last week FPC was called a “SaaS fascist” in a WhatsApp exchange with one of our LPs. Just for the record: FPC is neither…
Lumen, The Centre Of Attention FPC had its annual planning session with Lumen this week. We are excited to be working with an ad tech company that’s…
Wait. Who Are You? And What Have You Done With My Weekly Newsletter? It’s been quite a while since we put out an edition of the FPC newsletter (Dec 2 of…
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The FirstPartyCapital Newsletter