Josh Kopelman

Founder & Managing Director at First Round Capital · Joined 2004

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Biography

Josh Kopelman was a serial entrepreneur before he was ever a venture capitalist - he co-founded Infonautics as a Wharton undergraduate in 1992 and took it public just four years later, then founded Half.com in 1999, selling it to eBay within a year. After a brief detour co-founding an anti-spam startup that Symantec acquired within six months, Kopelman co-founded First Round Capital in 2004 with Howard Morgan, built specifically to reinvent seed-stage investing with small initial checks to companies with little more than a founding team and an idea. First Round's most famous bet came in 2010, when Kopelman led the firm's roughly $1.25 million investment in a tiny startup called UberCab - the company's first-ever institutional funding, made when Uber was still working out of a First Round conference room. That seed investment became one of the highest-multiple returns in venture history when Uber went public in 2019 at a valuation exceeding $70 billion.

Education

Previous Experience

Notable Investments

Uber UBERSquare (Block) XYZRoblox RBLXWarby Parker WRBYNotionBlue ApronFlatiron HealthUpstart UPSTClover Health CLOVPomelo CareLinkedIn

Board Seats

Career Timeline

1992
Co-founds Infonautics Corporation as a Wharton undergraduate.
1996
Infonautics goes public on NASDAQ.
1999
Founds Half.com, growing it into a major seller of used books, movies, and music.
2000
eBay acquires Half.com.
2003
Co-founds TurnTide, an anti-spam startup Symantec acquires just six months later.
2004
Co-founds First Round Capital with Howard Morgan, built to reinvent seed-stage investing.
2010
Leads First Round's roughly $1.25 million investment in UberCab - Uber's first-ever institutional funding.
2019
Uber goes public at a valuation exceeding $70 billion.

Sources & References

First Round - Josh Kopelman ↗Wikipedia ↗