About FTC
First Turn Capital is a founder-led private investment fund built for the First Turning—the renewal cycle when old institutions reboot and new ones get written in software, incentives, and hard rails. We back AI, crypto, and frontier technologies that will become the scaffolding of what’s next—less hype, more build.

We invest early to inflection and occasionally in special situations, across equity, tokens, and secondaries when it helps the mission. Focus areas include AI infrastructure and agents, cryptography and programmable finance, developer tooling, and digital property rails that turn prototypes into plumbing. We’re hands-on with company design, go-to-market, and capital strategy—founders funding founders.
Our mantra is We invest. We explain. Through our blog Turn Signal (and a thesis-driven gallery of onchain cultural primitives), we publish what we’re seeing, why it matters, and where it’s heading. Skin in the game is the point: we prefer demos to decks and receipts to vibes.
If you’re building something that could become infrastructure, we’d love to meet you. We aim to align productive capital with productive builders—and help turn today’s beta into tomorrow’s backbone.
You can also read more about our work here.