This podcast is a recording of a fireside chat with Phin Barnes, partner at First Round Capital. In this podcast:

-Phin explains why First Round focuses on seed investments, what they look for, and how they structure their deals.

-He also explains the concept of “diversity debt” and why it’s important to focus on building a diverse team from the beginning, even if it takes longer.

First round was founded by Wharton alum Josh Kopelman and has a female investing partner. Lots of great insights from Phin and stay till the end for the answer to the audience question about why we should invest in women.