First Turn
A tighter loop on what's next.
Investing in the future. Building in public. Explaining what matters.
First Turn Capital is a next-generation family office spanning investments, software incubation, and research. We back frontier technology, build products through Labs, and publish our thinking through Turn Signal.
First Turn runs on three connected loops: capital for conviction, labs for learning, and research for clarity.
How FTC works
Three ways into the same thesis.
Capital
Capital
We back frontier software, infrastructure, and technical shifts with conviction and a long-term lens.
Labs
Labs
We build through First Turn Labs to stay close to behavior change, interfaces, and real product feedback.
Turn Signal
Turn Signal
We publish through Turn Signal to make emerging markets, products, and ideas easier to understand.
Otto
Otto is the operator system for real businesses. It helps teams build, run, and manage AI agents that actually do the work, with Builder, Run, Approvals, and Brain connected inside one operating loop.
Current focus
Where we're paying attention.
Latest from Turn Signal
The newest writing, right on the front door.
Recent essays, market views, and investment memos from Turn Signal.
The AI Energy Stack
Why electricity, grid capacity, and power pricing may be the most underappreciated layer of the AI stack.
Read on Turn Signal
Hytopia (HYBUX) Memo
A memo on why Web3's Minecraft-shaped frontier could be one of the clearest wedges for crypto-native gaming.
Read on Turn Signal
Bittensor (TAO) Memo
A read on decentralized intelligence markets and why they may become a monetary layer for machine intelligence.
Read on Turn SignalConnect
Building something at the edge?
If you're building ambitious technology or thinking seriously about where things are going, we'd like to connect.