Deep Dive on Series A - Nick & Beezer co-host Beth Ferreira, Firstmark

Origins - A podcast about the LP and VC ecosystem.

Origins is a podcast about the VC and LP ecosystem, co-hosted by Nick Chirls of Notation and Beezer Clarkson of Sapphire Partners. We're joined by our guest Beth Ferreira, a Partner at FirstMark focused on seed and Series A investing in a broad range of consumer companies, including next-generation commerce, consumer tech, and mobile startups. Prior to FirstMark, Beth was the Managing Partner of WME Ventures, was Chief Operating Officer at Fab and ran operations in the early days of Etsy.

In this episode, we do a deep dive on the current state of the series A market, including what founders need to prove between seed and A for Firstmark to gain conviction, valuation compression, how to think about the tradeoffs between growth and efficiency, and why Firstmark is as excited as ever to continue leading seed and Series A rounds, even in a difficult environment.

Follow us:

https://twitter.com/nchirls

https://twitter.com/beezer232

https://twitter.com/bethferreira

Links:

https://carta.com/blog/state-of-private-markets-q1-2023/