FPV Ventures

All investment decisions are made by the firm's two co-founders and managing partners, Wesley Chan and Pegah Ebrahimi. Both bring significant operator experience rather than traditional venture capital backgrounds. Chan built Google Analytics and Google Voice during 14 years at Google, while Ebrahimi served as the youngest global CIO of Morgan Stanley Bank and later as COO of Cisco's Collaboration business.

FPV relies on the deep personal networks of its co-founders, who are both former operators at major technology platforms. Wesley Chan's 14-year tenure at Google and Pegah Ebrahimi's executive roles at Morgan Stanley and Cisco give them access to founders often before those founders enter formal fundraising processes. The firm states it specifically looks for 'mission-driven founders' who may be overlooked or misunderstood by larger funds.

Based on the firm's stated strategy of spotting genius early and supporting founders 'from the beginning,' FPV exclusively makes direct seed-stage investments in individual companies. There is no public evidence that the firm commits capital to other venture funds as a limited partner.

FPV focuses on early-stage investing, specifically pre-seed and seed rounds. The firm's thesis is built around being the first institutional capital into a company, with Wesley Chan having been the first check into Flexport, Robinhood, and Plaid. The partnership does not publicly indicate that it leads or participates in later-stage growth rounds.

FPV does not publish an explicit sector-exclusion list. The firm's portfolio shows concentration in enterprise software, AI/ML, fintech, and biotechnology. Its thesis of backing 'mission-driven founders' suggests it may avoid sectors or business models where near-term arbitrage rather than long-term vision is the primary driver, but this is not codified publicly.

The firm states it is proud to manage money on behalf of 'cause-driven organizations' including universities, hospitals, foundations, and research organizations. These institutions are selected because their long-horizon missions mirror those of the portfolio founders. There is no disclosure of any high-net-worth individual or family office capital in the LP base.

FPV does not publicly detail a co-investment program or syndication model. Given the firm's emphasis on deep partnership with founders from the earliest stages and its lean partnership structure, it is likely that most allocations are proprietary. The firm has not disclosed participation in club deals or special-purpose vehicles led by other venture firms.