Josh Kopelman
“I’ve weathered my share of booms and bust cycles, taken a company I co-founded public and had sleepless nights before I had to lay people off. I know the excitement and loneliness that founders feel on a weekly basis. I do my best to translate those experiences into advice, and in doing so, I try to provide two things: my unvarnished opinion and my unwavering support. I’ll tell you what I think, but recognize that I’m just one data point – and that great companies are built by great founders…not great investors. I think it’s often more important to ask a founder the right question than to give the founder the right answer.”
3
Companies founded (1 IPO, 2 acquired)
100+
Companies invested in
1
Second place ribbon in the 2011 Nantucket Watermelon Eating competition (I was robbed.)
The first 24 months of a company’s life are a magical time. It’s when founders invent their product, hunt for customer love, figure out positioning, pricing, distribution, hire their key team, and solidify the company culture. When I started First Round, I knew that I wanted to spend the rest of my career focused exclusively on this period.
Josh Kopelman has been an active entrepreneur and investor in the Internet industry since its commercialization.
He’s been a founder three times (four if you include founding First Round). In 1992, while in college, Josh co-founded Infonautics Corporation – and took it public on NASDAQ in 1996. Josh co-founded Half.com in 1999 and led it to become one of the largest sellers of used books, movies and music in the world. Half.com was acquired by eBay in 2000, where Josh remained for three years. In late 2003, Josh helped to found TurnTide, an anti-spam company that created the world’s first anti-spam router. TurnTide was acquired by Symantec just six months later.
Josh co-founded First Round Capital in 2004. Since that time, First Round has invested in over 500 startups and Josh has frequently made the Forbes “Midas List” which ranks the top 100 tech investors. He’s the proud winner of a second place ribbon in the 2011 Nantucket Watermelon Eating competition and an inventor on 13 U.S. Patents. In June 2000, he was awarded Ernst and Young’s prestigious “Entrepreneur of the Year” award for the Greater Philadelphia region. Josh earned a Bachelor of Science degree cum laude in Entrepreneurial Management and Marketing from The Wharton School of the University of Pennsylvania.
SOME OF THE COMPANIES JOSH'S INVESTED IN:
- acquired
Flatiron Health
Imagine if data could power smarter care for every person with cancer.
Notion
Imagine if documents worked more like software.
- ipo
Upstart
Imagine if twice as many borrowers could qualify for loans with fewer defaults.
- ipo
Clover Health
Imagine if affordable, easy-to-understand healthcare plans improved quality of life for seniors.
Pomelo Care
Imagine if mothers had 24/7 access to prenatal care.
Loyal
Imagine if we had more time with the dogs we love.
Perpay
Imagine if paychecks could work harder for the people who earn them.
HEAR MORE FROM JOSH:
Forbes: $10 Billion Productivity Startup Notion Wants To Build Your AI Everything App
Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday consumers alike with a sleek productivity app that went so viral its servers crashed.
Josh Kopelman on The Decision Education Podcast with Annie Duke
How do you know a good founder when you see one? Annie Duke and Josh Kopelman tackle this question by exploring the transition from gut feeling to quantifiable evaluation in venture capital. Together, they highlight First Round Capital's rigorous process for assessing startups and the role of understanding probability in enhancing decision quality.
Josh Kopelman Interviewed by Mark Suster
Founder of First Round Capital Josh Kopelman talks with Upfront Managing Partner Mark Suster about scaling a VC with early stage as a focus.
Philadelphia Magazine: Josh Kopelman on Technology’s Next Wave of Disruption
The VC king and chairman of the Inquirer has plenty of good things to say about Philly. But that doesn’t mean he’s not anxious about the future.
The Past, Present, And Future Of Seed Investing
Josh Kopelman is the founder of the venture capital firm First Round Capital. We cover the changes he expects to see in early-stage investing post-COVID, what he looks for in founders, and what separates First Round from other early-stage investing firms
First Round's Josh Kopelman on The Twenty Minute VC (20VC)
Why price Is both an art and a science, why ownership must be built on first check and the negative consequences of attribution in venture