First Round Capital, every mention
33 scenes (2019), the whole family · ← back to First Round Capital
every year 2019 anyone Harry Stebbings 142Phin Barnes 15Josh Kopelman 14Todd Jackson 9Gokul Rajaram 5Chris Fralic 5Josh Udashkin 4Paul Martino 3Max Altman 3Marvin Liao 3
Verbatim, from the transcripts: the passages where First Round Capital comes up
20VC: Inside The Acquisition Decision-Making Process at Cisco, How To Measure True Success in M&A Evaluation & Why By Not Speaking To Corp Dev Teams You Are Closing The Door On The Biggest Potential Accelerator To Your Business with Rob Salvagno, VP of Co
- ▶ 5:38 Harry Stebbings Josh at first round said seeing the bust made him more conservative.
20VC: How To Think Through Portfolio Construction and The Business Model of VC, Why You Cannot Grow Ownership In Your Best Companies Over Time & How To Make The Space for Serendipity To Strike in VC with Adam D'Augelli, Partner @ True Ventures
- ▶ 11:49 Adam D'Augelli And often what's interesting about the market today is if you go back to oh seven, many of the groups we worked with back then, soft tech first round have grown fund size and now compete more directly with us.
20VC: BoxGroup's David Tisch on Whether Concentrated Investing At Seed Works, Do Founders Really Want Direct Feedback and Is It Good For Them & Why Consumer Social Is Interesting Again
- ▶ 33:24 David Tisch I think what First Round has built is a magical 2 times in the scene
20VC: Firstmark's Rick Heitzmann on The Rise of Pre-Emptive Rounds, His Biggest Learnings From The Pinterest Board, 2 Things VCs Can Do To Prepare Their Companies For The Downturn and Why Now Is A Good Time to Be Contrarian and Invest In Consumer
- ▶ 6:31 Harry Stebbings We had Josh at first round on the show, and he said that seeing the bus made him more conservative.
20VC Exclusive: Roy Bahat on Bloomberg Beta's New Fund, The Truth About Valuation That Very Few VCs Will Tell You & Why Founders of Venture Backed Startups Make The Best Angels
20VC: Bain's Matt Harris on Why Valuation And Market Size Are Not The Most Important Thing At Series A, Why Backing Sociopaths Can Work & Late Cycle Momentum Investing & The Changes That Will Stay in Venture Forever
- ▶ 0:08 Harry Stebbings However, to the show stay, and I've actually been quite a fanboy of this individual's content for quite a while now, and then when I had Josh Koppelman on the show from first round, he said that he was one of the board members he most…
20VC: Mercury Founder Immad Akhund on Why Angel Investing Makes Founders Better Operators, The Right Way For Founders To Discuss and Present Competition To Investors & How To Think About Your Initial Wedge Into The Market and How It Expands Over Time
- ▶ 14:29 Harry Stebbings Because when we had Josh Koppelman from first round on the show, he was really interesting.
20VC: True Ventures' Puneet Agarwal on Why EQ Is Going To Separate The Best Firms In Venture Over The Next Decade, The Negatives of Attribution in Venture & What Makes A Truly Efficient Venture Partnership
- ▶ 17:23 Puneet Agarwal We were, we started with a hundred sixty-five million dollar fund, and I think Mike Maples was around, first round was around, you know, some of the other funds were getting started.
20VC: Sequoia's Pat Grady on What Sequoia Is Focused On Today, How Sequoia Think About Investment Decision-Making Processes & Why It Is Important To Trade A Few Points of Efficiency for Culture When It Comes To Attribution
- ▶ 13:17 Harry Stebbings Can I ask with such a team based approach, do you embrace attribution or do you actually take the first round approach, which is we don't need attribution in our fund?
- ▶ 14:54 Harry Stebbings We did mention first round though there, and I actually had Josh Koppelman on the show, and he said something that was so striking when it came to how he thinks about the first round team. 3 times in the scene
20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
- ▶ 6:00 Harry Stebbings Now, I asked Josh this one at first round, and he said that seeing the boom and bust made him more conservative as an investor.
20VC: Justin Kan on Why We Have To Normalize Vulnerability in Startups Today, Why Attaching Happiness To Future Outcomes Will Only Lead To Suffering & Why It Is Total BS That You Have To "Suffer" When Doing A Startup
- ▶ 0:31 Harry Stebbings To date, Justin has raised over seventy-five million dollars in funding from some of the best in the business for Atrium, including Founders Fund, Andreessen Horowitz, First Round, General Catalyst, Thrive, Initialized, and more.
20VC: NEA Partner, Dayna Grayson on Sourcing, Picking, Winning, Gut vs Data in Investment Decision-Making & The Evolution of Entrepreneurial Expectations of Venture
- ▶ 28:22 Dayna Grayson I credit Josh Koppelman and First Round Capital for really starting that movement, and that's gone from 20 to 50 to a hundred million dollar size funds, and then we've also seen the advent of the larger funds, such as NEA, and I think what…
20VC: The Transition From Founder To CEO, How To Determine When To Stretch On Price in Venture & The Benefits of Attribution for Partnership Dynamics with Jeff Richards, Managing Partner @ GGV Capital
- ▶ 32:29 Jeff Richards You know, they have a very team-based approach at first round.
20VC: Superhuman's Rahul Vohra on How To Measure Product Market Fit, How To Construct A Process To Increase It & How To Implement A Strong Feedback and Reporting Cycle To Sustain It
- ▶ 31:31 Rahul Vohra We had first round capital lead our seed round.
20VC: What Makes The Best Venture Firms Today So Special, The 3 Structural Impediments That Face Venture Today and Why The Debate on AR vs VR is BS with Anjney Midha, Founder & CEO @ Ubiquity6
- ▶ 0:29 Harry Stebbings Anthony's raised over thirty eight million dollars in funding for Ubiquity Six from some of the very best in the business, including Finn at First Round, Mike Volpe at Index, and Mitch at Benchmark.
- ▶ 12:22 Anjney Midha So somebody like First Round, which has this ruthless focus on seed stage, that's all we do, seed stage entrepreneurs is who we back, we're partners with you that help you with your first five to 10 hires, this is your first 12 months…
- ▶ 16:37 Harry Stebbings You mentioned them in the form of benchmark index in first round. 3 times in the scene
- ▶ 29:18 Anjney Midha Finn Barnes at First Round is probably my closest mentor, and the thing I've probably learned is just start and end with the people.
20VC: First Round's Josh Kopelman on 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
- ▶ 0:26 Harry Stebbings Now, Josh is founder and partner at First Round, 3 times in the scene
- ▶ 2:58 Harry Stebbings But you've heard quite enough from me, so now I'm very, very honoured to welcome Josh Koppelman, founder and partner at First Round.
- ▶ 3:31 Harry Stebbings And what was the original founding story of First Round? 4 times in the scene
- ▶ 5:56 Josh Kopelman And I think what I learned very quickly when we were starting first round is that this is an opportunity that lets me focus on the 20% where I might have some marginal value add and eliminate the 80% where I'm average to value destroying.
- ▶ 6:48 Josh Kopelman Just cautious of the investors in the first round partnership, and that's not necessarily a good thing.
- ▶ 7:53 Josh Kopelman Like, first round offered Twitter their first term sheet months before Union Square led their round. 3 times in the scene
- ▶ 10:48 Harry Stebbings How do you think about reserve allocation today with first round?
- ▶ 24:17 Josh Kopelman Like first round, we pretty much tell founders when you get the first round, the second round comes free.
- ▶ 25:03 Josh Kopelman I met him when he was 18 years old, when he was a freshman at Penn, and was blown away by his maturity, his entrepreneurial instincts, and by his entrepreneurial experiences at such a young age that he became first round's first intern,… 3 times in the scene
- ▶ 28:41 Josh Kopelman So I think that we all know where we stand on our own personal journeys, what we're solving for, and it enables us to be really transparent about where we are on our journey at first round. 5 times in the scene
- ▶ 32:32 unnamed speaker So on appearance, Josh, you've achieved the most incredible of heights in scaling first round. 5 times in the scene
- ▶ 33:03 unnamed speaker Like inventing things, and whether it's our community, or our platform, or first-round review, or our products, or even the holiday video, like, I feel like I've designed a job that just works for me, and I can't see myself stopping for a…
- ▶ 39:07 Harry Stebbings His journey with First Round really has been such an inspiration to me.
20VC: The 3 Stages of Denial For Founders When Scaling, Why You Will Likely Be Unable To Hire Through Your Network & The Interview Question All Founders Must Ask with Olof Mathé, Founder & CEO @ Mixmax
- ▶ 31:50 Harry Stebbings I really do so appreciate all your support, and I cannot wait to bring you what I think is one of our best episodes ever with Josh Koppelman, founder of First Round Capital, on Monday.