Liz Wessel

Partner, First Round Capital · 1 appearance on the record.

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Liz Wessel co-founded and led WayUp, an early-career recruitment platform that went through Y Combinator's Winter 2015 batch before merging with Yello in 2021. She later became a partner at First Round Capital after serving as a Visiting Group Partner at Y Combinator.

14statements → 5claims → 1claims resolved → 3.86/5average certainty → 1.64/5average debate potential →

0 supported 0 partly supported 1 contradicted 4 not checkable as stated how the 5 claims stand · each chip opens the sources

5 assertions · 3 opinions · 4 insights · 2 disclosures · every statement was checked. The predictions and assertions are the 5 claims: statements the public record can support or contradict. 1 is resolved, and 4 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Liz argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Assertion Contradicted
Wessel: WayUp raised $9 million before hiring its first VP
“At that time, we'd only raised nine million dollars, which is still, I know, it sounds like a lot, but that's not enough to ensure that you are going to be You know, around for years and years to come.”
Liz Wessel May 31, 2018 ▶ 31:37 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator

Everything Liz Wessel said on the Y Combinator Startup Podcast that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure
Wessel: Direct reports to WayUp CEO must be Type A
“If you're working for me there's a few things that you have to have in personality type that I won't I wouldn't hire you to work for me directly. And it's fine to work for someone else, but I'm not gonna hire you to work not for me if you don't, for example, i…”
Liz Wessel May 31, 2018 ▶ 33:38 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Opinion
Botha via Wessel: Google offers premier operating experience for future founders
“Google is one of the best operating companies in the world, tech companies especially. You'll be surrounded by great managers, great engineers. You'll meet great talent that you might hire one day.”
Liz Wessel May 31, 2018 ▶ 7:06 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Insight
Wessel: Maximize cold outreach because people stop helping once you graduate
“No one doesn't want to help college students. I feel like the second you graduate, you lose this huge, Badge of pride that you get to say, I'm a college student, and the second you graduate, like, people are much less likely to help you. So use it and abuse it…”
Liz Wessel May 31, 2018 ▶ 10:03 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Insight
Wessel: Knowing more about a company than the interviewer guarantees impressing them
“If you show up to an interview and you show that you know more about the company than the person interviewing you will impress them. Period. End of story. You will impress them.”
Liz Wessel May 31, 2018 ▶ 17:32 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Opinion
Wessel: HR tech still struggles with basic applicant tracking system integrations
“HR tech is pretty behind the times. I mean, we're sending men and women to space, and yet we're still, like, really struggling to get applicant tracking system integrations in place.”
Liz Wessel May 31, 2018 ▶ 36:56 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Insight
Wessel: Untested college expectations drive early-career job switching
“Most commonly when I see people switching their first full-time job within less than a year, which a lot of people do, as you know it's often because they just never had an opportunity to try it out in college, so like, try out everything in college.”
Liz Wessel May 31, 2018 ▶ 45:56 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Disclosure
Wessel: Executives can answer quick email questions, not 20-minute calls
“Literally my calendar starts at eight AM and stops at one AM almost every day, five to six days a week. And so for me, 20 minutes on calendar is actually a really big deal. Asking me an email that I can just answer on my walk from, you know, one meeting to ano…”
Liz Wessel May 31, 2018 ▶ 11:18 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Opinion
Wessel: Starting a Business Has Become Ubiquitous Among US College Students
“Now I feel like it's a prerequisite to graduating from college in the U.S., or at least at Penn. It just seems like everyone's starting businesses which is funny, because it's not like I graduated so long ago.”
Liz Wessel May 31, 2018 ▶ 14:29 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Assertion Not checkable as stated
Wessel hacked a Penn hackathon database to scout a technical co-founder
“And what I ended up doing was I found my way, snuck my way into, I think in YC they would call it, they hacked your way into the database of every single person who signed up, where I could see their resume and all of their information. And you were not suppos…”
Liz Wessel May 31, 2018 ▶ 25:28 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Assertion Not checkable as stated
Wessel: Under 9% of internships on WayUp are unpaid
“We have less than Nine percent of internships on way up are unpaid, so.”
Liz Wessel May 31, 2018 ▶ 47:09 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Assertion Not checkable as stated
Wessel: Sold thousands of Penn Eats discount cards for $15 each
“I called it the Penn Eats card, and I sold, I got back to campus in my junior summer, I hired all my friends to basically go around selling these cards for 15 bucks a pop, and we sold, like, thousands”
Liz Wessel May 31, 2018 ▶ 1:27 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Assertion Not checkable as stated
Wessel: Google APMM program hires 25 to 50 US students annually
“They hire, like, 25 to 50 U.S. College students each year to be in this program, and it's filled with alumni who have started unbelievable businesses.”
Liz Wessel May 31, 2018 ▶ 5:35 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Insight
Wessel: Post-interview thank-you notes are rare among students and make candidates stand out
“Just send a thank you note. No one, especially college students, tend to do this these days, and it makes you stick out so much and shows this level of professionalism, which really is pretty easy to accomplish by just sending a thank you note.”
Liz Wessel May 31, 2018 ▶ 18:54 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator
Assertion Contradicted
Wessel: WayUp raised $9 million before hiring its first VP
“At that time, we'd only raised nine million dollars, which is still, I know, it sounds like a lot, but that's not enough to ensure that you are going to be You know, around for years and years to come.”
Liz Wessel May 31, 2018 ▶ 31:37 Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combinator

Appearances (1)

EpisodeDateSpeaking time
Advice for Students and Recent Graduates on Finding Jobs – Liz Wessel of WayUp · Y Combina May 31, 2018 37m
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