Spencer's path into venture was unusual—he started in Goldman Sachs' Moscow fixed income business, became the first hire at a Goldman spinout special-situations fund, and speaks fluent Russian, before helping build firstminute's investor base largely from tech entrepreneurs rather than traditional institutions. Beyond investing, he hosted the Myfirstminute podcast during the first Covid lockdown, interviewing figures like Tony Blair, Jeff Immelt, Nico Rosberg, Rio Ferdinand, and Max Levchin, and he sits on boards including Generation Home and NYSE-listed Tailwind International while also overseeing the day-to-day running of the firm itself.