Father. Husband. VC. INTJ. Dad Joke Lover. Partner @FirstRound.

Joined May 2006
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29 Jan 2017
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Josh Kopelman retweeted
Founders: what is one piece of tactical advice (I'm not talking "try hard" or "don't give up"... i mean a small, simple, tactical piece of advice) that can make a founder's life easier, even just slightly? I'll give a few popular examples:
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Josh Kopelman retweeted
The demand for clean, always-on power is exploding, and the grid can't keep up. The team at Endurance Energy is going after one of the biggest untapped sources on the planet: geothermal heat beneath the seafloor. They're building systems to deliver gigawatts of zero-emission power faster and cheaper than conventional sources. Today, they're announcing $54M Series A funding. At @firstround, we're excited to have backed Andrew Redd and the team since the pre-seed. Huge congrats!
Endurance is proud to announce our $54M Series A, led by @foundersfund, to develop subsea geothermal energy. We're building mass-manufacturable and mass-deployable generators to access terawatts of low cost, clean, baseload power.
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Josh Kopelman retweeted
Human biology matters. Scientists and AI need human data to understand health and disease. Crownlands is open sourcing Gateway 4M, the largest single-cell tissue dataset ever released from living humans, to advance research on brain aging and neurodegeneration.
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Josh Kopelman retweeted
There are few people in the world I've met who are as dedicated, intense, and ambitious as @SurbhiSarnaSF. I had the honor of first getting to know Surbhi when we were both working at YC, and it was so obvious from my very first interaction that she was someone who would leave a massively impactful mark on the world. Then you have @nateps -- one of the smartest, kindest, and most genuine people out there -- who also happens to be an EPIC builder. Put them together, and you get an unstoppable team. I am so thrilled for the entire Collate crew on this huge financing milestone. I know Collate customers have been loving the platform, and I can't wait for so many more people to experience it soon. forbes.com/sites/innovationr…
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Josh Kopelman retweeted
This has to be a top 3 most memorable startup video I’ve seen…
Today I’m thrilled to announce Scotch has raised a $20M Series A, led by VMG Partners, with participation from @firstround , @LererHippeau , and @TobaCapital . In 2024, we set out to fix something that's been broken for 30 years: the technology running America's 40,000 independent liquor stores. Most of those stores operate on POS software built before the iPhone. Before Amazon was founded. In some cases, before the store owners themselves were born. Since launching our first store ten months ago, we've crossed $1 billion in annualized gross payment volume. That number tells us two things: (1) The problem is real, and (2) operators are ready to move. Store owners are quite literally blowing up systems they've used for two decades to partner with Scotch. While these milestones are fun to celebrate, they're far from what we're focused on. We think about the calls from owners and GMs who used to spend Monday mornings buried in distributor invoices, line by line, for hours. Now they spend that time looking at margins, planning reorders, and growing their store. That's what we built this for. Our CTO, Dan Chen, spent more than a decade in liquor tech, including CTO at Drizly before its acquisition by Uber. Kevin Hodges and I built Skupos in convenience retail. We didn't stumble into this category. We picked it on purpose, and we built the team to win it. This round lets us keep building faster and with more intention. More automation. More time returned to the amazing people running these stores. Independent liquor retail is an $80B market that technology has ignored for a generation. Tens of thousands of stores will be getting the technology they deserve. We're just getting started. scotchpos.com
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Josh Kopelman retweeted
I remember first meeting @jakebolling & being 'wowd' by his desire to transform an otherwise overlooked industry. We knew we had to invest. 12 months later, Scotch launched. 3 months after that, pre-empted for their A. Now, Scotch has passed a $1B GPV run-rate. Scotch is quickly becoming the defacto operating system for liquor stores nationwide. Kudos to the entire Scotch team, and a big 🍻 to Jake — one of the best operators out there.
Today I’m thrilled to announce Scotch has raised a $20M Series A, led by VMG Partners, with participation from @firstround , @LererHippeau , and @TobaCapital . In 2024, we set out to fix something that's been broken for 30 years: the technology running America's 40,000 independent liquor stores. Most of those stores operate on POS software built before the iPhone. Before Amazon was founded. In some cases, before the store owners themselves were born. Since launching our first store ten months ago, we've crossed $1 billion in annualized gross payment volume. That number tells us two things: (1) The problem is real, and (2) operators are ready to move. Store owners are quite literally blowing up systems they've used for two decades to partner with Scotch. While these milestones are fun to celebrate, they're far from what we're focused on. We think about the calls from owners and GMs who used to spend Monday mornings buried in distributor invoices, line by line, for hours. Now they spend that time looking at margins, planning reorders, and growing their store. That's what we built this for. Our CTO, Dan Chen, spent more than a decade in liquor tech, including CTO at Drizly before its acquisition by Uber. Kevin Hodges and I built Skupos in convenience retail. We didn't stumble into this category. We picked it on purpose, and we built the team to win it. This round lets us keep building faster and with more intention. More automation. More time returned to the amazing people running these stores. Independent liquor retail is an $80B market that technology has ignored for a generation. Tens of thousands of stores will be getting the technology they deserve. We're just getting started. scotchpos.com
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In just a few months @TownAI has transformed how I (and most of @firstrouhd) get work done. Congrats to the entire Town team on their $55M Series A!
Back in February, I got early access to @TownAI. Now 93% of @firstround is using it. There was never a top-down mandate — it went viral inside First Round the way great products do. Today, Town announced its $55M Series A. Huge congrats to @jgreze, @tonydevincenzi and the whole team! It’s hard to imagine getting my work done without my Townie “Brock” helping me. Here’s how Town took off at First Round: 1) Most AI assistants want you to come to them. Town comes to you. It learns how you work and then starts working. After connecting email, calendar and Slack, Town gives you a briefing — who you work with most, what’s high priority, your communication style and patterns. Everyone gets a custom version of this. Connect Town to more tools (Granola, Notion, Google Drive, etc.) and it starts drafting perfect emails and nailing investment snapshots. Customization even extends to “Townies,” the names, avatars, and personalities people assign their Town assistants. 2) First Rounders create routines in Town to solve real problems…then share them. Chiefs of staff were nodal users. Town is a glass of water in the desert for them. So much of their work is processing email, filling out updates, checking spreadsheets and gathering context. Town does this natively. Roy Rosin, one of First Round’s board partners, automatically tracks all his follow-ups (“commitments I made to founders”) at the end of each day. We share new routines in a # town-square Slack channel so it’s easy for other people to use the same routines the chiefs or Roy created. 3) Town works for every function — even people who’d never set up Mac minis to get the benefits of using agents. Our finance team saves hours on repetitive work it can now automate. Our marketing team tells me it “essentially replaced Claude and ChatGPT” for them. Without skills or markdown files but with persistent memory, the more you use it, the better Town gets over time. A few specific routines we’re using across First Round 👇
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One of @firstround's founders is hiring a Founder's Associate -- and it's one of the best front-row seats in tech right now. If you aspire to be a founder one day or are looking to break into tech, this role is one of the fastest ways to learn -- and an opportunity to drive real impact at the 0 to 1 stage. Work with a technical YC founder on AI infrastructure. SF, in-person. Apply here: jobs.ashbyhq.com/firstround/…
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Watch @CNN take a test flight on @MerlinAero's autonomous plane. The plane's AI pilot controls the plane from takeoff to landing -- and responds over the radio to air traffic controllers.
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Josh Kopelman retweeted
There are a small number of elite go to market leaders. Graham Moreno is one of them. He recently joined @p0 to help lead GTM. Before that, he was at Cognition, Grafana, and MongoDB. One of his core philosophies is that a great go to market system raises the floor and introduces predictability while still leaving space for exceptional people to use their judgment to delight the customer. “One of my favorite stories is, one of the best reps I’ve ever worked with, during the pandemic found out that the son of a champion at one of his companies had been taking guitar lessons and couldn’t anymore because of COVID. So he ended up teaching this guy’s kid guitar over Zoom during COVID. And he also didn’t tell anyone. No one found out about this for a long time. Then the champion at this account brought it up on a call with me six months later and was like, ‘Oh yeah, Isaac has been teaching my son how to play guitar.’ At no part in our process does it say, ‘teach someone guitar.’” This is one of my favorite deep dives on what it means to be an executional revenue leader in a post AI world. Hope you enjoy it as much as I did. Timestamps 00:32 Has the sales playbook changed in the AI era? 02:13 Why "showing up" beats letting the marketplace decide 06:50 Why great salespeople sell to engineers and executives in one motion 11:37 Selling to AI-native buyers who grew up on ChatGPT 13:49 Same seller, different tempo: 8 weeks vs. 8 business days 15:57 How AI-native buyers handle build vs. buy decisions 17:48 The rep who taught a champion's son guitar over Zoom 19:03 Raising the floor without capping the ceiling 22:09 Why too much process narrows the kind of seller you attract 25:46 The three pillars of GTM excellence 31:00 Building peers who are 80% aligned, not 100% 38:03 Whether AI is changing what good enablement looks like 41:35 Selling against direct and implied competitors at once 42:45 Instrumenting the funnel from stage zero to close 45:57 Why post-sales should always roll up to the revenue leader 48:19 The case for outsized commissions 52:02 The 96 hours of panic before Cognition acquired Windsurf 53:04 How far out should a GTM leader be planning? 57:53 What a normal week looks like in hypergrowth
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Josh Kopelman retweeted
The world’s oceans span roughly 140 million square miles and carry 80% of global trade, and yet most of that area is effectively unmonitored. All of the existing methods for ocean surveillance fall short: Satellites see broadly but inconsistently, often going dark for hours or days in between snapshots. The Automatic Identification System (AIS) is effective but only works for honest actors, because it’s easy for a vessel that doesn’t want to be seen to turn it off. Fully autonomous vessels exist, but they’re insanely expensive and hard to scale. @SobinNeil has built both the hardware and software needed to tackle the massive scale of this physical-world problem. At Hivemapper, he went deep in hardware, creating a decentralized network of cars by mapping the world block by block. And at Scale AI he learned that any AI solution is only as good as the data it has. He’s applying both lessons with @quartermasterai, which just announced their $43M Series A, co-led by @firstround and @QuietCapital. Instead of building entirely new infrastructure, they’re installing hardware on existing fleets to collect live maritime data, and then feeding that data into a software layer to turn those raw feeds into actionable intelligence. They’ve already covered more than 10 million square miles of ocean, adding 2.8 million square miles in April alone, and they have over 600 active vessels across 25 countries and four continents. Couldn't be prouder to partner with Neil and the Quartermaster team. More on what they're up to below.
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Inflation hits the West Village
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Josh Kopelman retweeted
New AI x Science research: Frontier models have gaps in their scientific knowledge. Our new eval tests how models recall significant published findings without tools, in Alzheimer’s disease. GPT-5.5 performed best among released models, but the benchmark remains far from saturated. Questions are based on prominent findings, often the central claims from highly cited papers, that were published before the models’ cutoff dates. Does it impact AI x Science discovery agents? In the topics that the LLMs have gaps in “parametric” knowledge, agents using the model overlook potential discoveries -- even with tools and internet search. The conclusion: training models more intensively on the latest scientific findings is a promising way to make scientific agents more useful! “More information can be pulled into context. More information should be pulled into context. But there will always be a marginal query that the agent does not run, and the shape of this frontier is determined by internal knowledge.” Link to research blog below:
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I’ve been in the internet business for three decades. In that time, I’ve watched the web get built, break and rebuild itself around getting humans to pay attention. Ads, subscriptions, affiliate links — the whole economic infrastructure of the web was designed to capture and monetize human eyeballs. Agents don’t have attention spans, they execute tasks. When an agent reads an article, the ad doesn’t load or the subscription prompt never appears. The content gets used but the creator gets nothing. When @paraga pitched us on Parallel Web Systems (@p0), the thesis was that agents would use the web far more than humans ever would. The inevitable next question is who captures the value agents are creating. Today, Parallel is launching Index: a way for site owners to see exactly how agents use their content, with a compensation model tied to actual usefulness of that content. Content that’s uniquely valuable or used in high-value agent work earns more. Proud to back Parag and the whole Parallel team. Learn more about Index here:
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Josh Kopelman retweeted
Closed Q1 last week. Revenue is accelerating for the 7th straight quarter. AI now counts for 60% of our business. Cash flow positive. The transition from software to AI is not easy, but can be done! I am proud of our teams!
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Josh Kopelman retweeted
Beautiful work @firstround - thank you for featuring four @BoxGroup founders - very efficient… really a wonderful video @kareemamin @celinehalioua @martabralic @jakeserval -- and the one that got away @drinkzima
Beginnings Matter.  Behind so many founders are the moms who first shaped them. Happy Mother’s Day.
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Josh Kopelman retweeted
My mom was a professional pool player. She spent 20 years on the Women's Pro Billiards Tour and founded and ran Pool & Billiards Magazine. If she imprinted one thing on me (besides my limited pool skills), it was that working as hard as you can to become the best at what you do was… what you do. It was normal. I'll always remember a tournament she took me to when I was very young. She lost that night, and I (rudely) asked her, "Mom, why did you lose?" She said, plainly: "She practiced more than I did." I've carried that lesson with me as a founder. Thanks to @firstround for letting me share her story (and for digging up a fun throwback of me modeling for one of her many books on pool). Happy Mothers Day!
Beginnings Matter.  Behind so many founders are the moms who first shaped them. Happy Mother’s Day.
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Beginnings Matter. Who you are is a reflection of how you were raised. I am a reflection of how my parents raised me. And all of the founders I’ve been privileged to work with are a reflection of how they were molded by their parents. On Mother’s Day, @firstround thought we’d give some of our founders the opportunity to acknowledge the impact their mom had on them. @martabralic’s mom came to the US from Serbia without knowing anyone, learned English and programming languages to pick up new jobs to support the family. She gave Marta the confidence that she, too, could do hard things, like building @pomelocare. @kareemamin's mom modeled grace under pressure (even when Kareem once crashed her car). That’s probably why Kareem has an insane ability to remain calm under pressure, which he uses every day at @clay. @celinehalioua's mom pursued her PhD and instilled a love of research in Celine, which inspired her to start @loyalfordogs. Happy Mother's Day!
Beginnings Matter.  Behind so many founders are the moms who first shaped them. Happy Mother’s Day.
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