Josh Kopelman

Josh Kopelman

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

Skip Empathy Theater; Investors Should Give Blunt, Actionable Advice
SocialApr 21, 2026

Skip Empathy Theater; Investors Should Give Blunt, Actionable Advice

Was just reminded of this classic video this week. Many VCs specialize in empathy theater. Nodding along. Telling founders what they want to hear. I’m more of a “hey… there’s a nail in your head” investor -- and then I...

By Josh Kopelman
2026: First SAFE to Convert at 20% Premium
SocialFeb 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
Josh Kopelman | Pulse