Annie Duke
Special Partner, Decision Science
89%First Round Capital
Check: Firm-level: First Round says its average initial investment is $3.5M, with investments in rounds from $100K to $20M. This is not a personal check range for Annie.
Annie's role applies decision science to venture and company building: formalize investment rubrics, reduce cognitive bias and noise, improve data collection, separate decision quality from outcome luck, and retrospectively calibrate decisions. With founders, she uses base rates, expected value, explicit benchmarks, and pre-committed kill criteria to distinguish productive grit from escalation of commitment.
Pre-SeedSeed