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Josh Kopelman

Josh Kopelman

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First Round Capital founder; early-stage investing and founder lessons.

Recent Posts

2026: First SAFE to Convert at 20% Premium
Social•Feb 20, 2026

2026: First SAFE to Convert at 20% Premium

Calling it now: 2026 will bring the first SAFE that converts at a 20% PREMIUM to the next round. We’ve officially reached that part of the cycle.

By Josh Kopelman