search: results update below


browse funds: selections are stored



recently rated:

Rated by 3
2.9
 

top rated funds:

Rated by 17
3.4

Rated by 18
3.3

Rated by 39
3.3
 

Rated by 15
3.3

Rated by 10
3.3
 

Rated by 10
3.3

Rated by 38
3.3

Rated by 38
3.3

Rated by 23
3.3

Rated by 38
3.3

Rated by 48
3.3

Rated by 39
3.3

Rated by 34
3.3

Rated by 14
3.3

Rated by 47
3.2
 

Rated by 27
3.2
 

Rated by 10
3.2
 

Rated by 31
3.2

Rated by 33
3.2

Rated by 12
3.2

Rated by 15
3.2

Rated by 10
3.2
 

Rated by 50
3.1

Rated by 14
3.1

Rated by 29
3.1

Rated by 42
3.1

Rated by 26
3.1
 

Rated by 20
3.1

Rated by 37
3.1

Rated by 22
3.1

Please take a moment and make a financial contribution to TheFunded. If we have helped you, help us with resources to further grow the both the site and our entrepreneur training program, The Founder Institute.

Joshua Kopelman

Partner Rating:

Rated 4.2 / 5.0 by 33

Partner Information:

Title:     Managing Partner

Location:  San Francisco, US West

Blog:      Joshua Kopelman

Firm Rating:

Rated 3.7 / 5.0 by 64

Firm Information:

Company:   First Round Capital

Type:      Small Private VC

URL:       Firm Homepage

PERSONAL SPECIALTY: None.

FIRM DESCRIPTION: First Round Capital is an early stage venture capital firm managed by Josh Kopelman, Chris Fralic, Rob Hayes and Howard Morgan. We look to partner with entrepreneurs to build innovative technology companies. We are seed-stage investors, often providing a company's first outside capital, and are not afraid of investing in pre-revenue companies. We understand the challenges of launching a new product. We look to take an active role in most of the companies we invest in. We believe our experience, insight and expertise are far more valuable than our capital -- and we look for entrepreneurs who feel the same. We recognize that time is an extremely valuable resource for an entrepreneur -- and seek not to waste it. We operate as an entrepreneurial shop and are able to make quick decisions. No investment committees. No months of negotiations. If we're going to invest, we usually decide within days.

2
Agree
0
Disagree

First Round Has Worked Hard for Us... Glad We Got Them

Fund: First Round Capital

Posted by secondtime on 2007-10-25

PUBLIC:

I was just starting my second company and raising angel money (primarily from people who had invested in the first one), when I got an intro to Josh Kopelman. I arranged a call to get to know him, not to pitch him on the business. We spoke for 30 minutes, spent some time on what I was working on and he said they wanted in to the round. He outlined the due dilligence steps... Amazingly, from there things went very smoothly, we closed the seed round oversubscribed, and they have been a wonderful partner in working with us on a business that is notably more complicated than most of the other deals out there. If you're starting a company, I wouldn't hesitate to encourage you to get an intro to one of the guys at First Round Capital.

PRIVATE: Members Only (469 Characters)

6
Agree
3
Disagree

Very Entrepreneurial

Fund: First Round Capital

Posted by tempo on 2007-10-16

PUBLIC:

Rob Hayes was one of the first VCs we met with in our process, and he put us through our paces (as I've heard he's done to others). He didn't invest at first, but his early feedback resonated for months as we developed our product. It was only after several months of rapid iteration on our business that we felt comfortable returning to him, and it paid off. Rob immediately appreciated the subtle but profound business implications of what we were doing. After that First Round moved quickly, as they've done ever since we closed the round.

Awesome contributors every step of the way.

PRIVATE: Members Only (461 Characters)

4
Agree
1
Disagree

Smart, Hard Working, on Your Side

Fund: First Round Capital

Posted by serialentrep on 2007-10-12

PUBLIC:

Disclaimer: I run a Firstround funded company. They were the first Fund we turned to, and we have not had any regrets ever since. The investment process was efficient, and - given my experience with many other VCs - I have been extremely pleased with their involvement since closing the deal. They work very hard for us, have made extremely valuable introductions, are always reachable, and their counsel has always been helpful.

PRIVATE: Members Only (307 Characters)

4
Agree
1
Disagree

Josh and Howard are Awesome

Fund: First Round Capital

Posted by 750bat on 2007-09-27

PUBLIC:

I know Josh from his entrepreneur days and Howard from idealab NY and I can say they are, without a doubt, two of the smartest Internet guys out there. They're both investors (personally) in my company and I feel lucky to have them involved every time I interact with him. The only downside is their input is so helpful, you often find yourself wanting more and more of their time... and there's only so much time in the day.

PRIVATE: Members Only (349 Characters)

6
Agree
0
Disagree

Pp

Fund: First Round Capital

Posted by anonymous on 2007-07-23

PUBLIC:

Polite & Professional-- a pass on an initial inquiry included a short phrase explaining why.

PRIVATE: Members Only (215 Characters)

7
Agree
1
Disagree

President

Fund: First Round Capital

Posted by Ken on 2007-07-20

PUBLIC:

They passed. I don't care. It was a great experience and I would recommend them to anyone. These guys are smart, and professional. They asked the right questions, got what we were doing, took less then 4 days and got back to us to say no, we didn't fit their business model. Just the fact that he took the time to call me back puts First Round ahead of 95% of the other VC's out there.

PRIVATE: Members Only (658 Characters)

7
Agree
1
Disagree

Smart and Listened!

Fund: First Round Capital

Posted by Jakester on 2007-07-14

PUBLIC:

Met with Rob and pitched our deal. Though First Round passed on us it was clear he really understood our play and gave great constructive feedback. A smart fisrt rate team of accomplished business people!

PRIVATE: Members Only

4
Agree
0
Disagree

CEO

Fund: First Round Capital

Posted by bureauchief on 2008-03-31

PUBLIC:

First Round funded us in 2005. Josh and Howard went from introduction to term sheet in eight days, while Josh was on vacation. Howard is on our board and EVERYONE is actively involved when asked. If they are passing or giving you critical feedback...Take It! You might learn something. The day I sell my company, is the day I give the guys at First Round my money to invest (if they'll take it).

PRIVATE: Members Only

7
Agree
1
Disagree

If You Can Get Into This Club, Don't Hesitate

Fund: First Round Capital

Posted by Rooly on 2007-07-10

PUBLIC:

Josh understands Internet more than anyone I've met. We work with him and his team for almost a year - smart inputs, valuable networking and unlike most other investors, they let you work. If you can get into this club, don't hesitate.

PRIVATE: Members Only

2
Agree
2
Disagree

Positive Experience

Fund: First Round Capital

Posted by fundable on 2007-07-09

PUBLIC:

We met several times and developed the foundation of a good working relationship. Ultimately we were not a good fit for each other this time, but I wouldn't hesitate to go back for the next venture.

PRIVATE: Members Only (204 Characters)

10
Agree
2
Disagree

The First Meeting/Presentation Was Over the Phone

Fund: First Round Capital

Posted by Anonymous on 2007-07-02

PUBLIC:

My first meeting/pitch to Josh Kopelman (and one of his partners) was over the phone since I'm on the west coast and they are on the east coast. I was wary of doing a first pitch on the phone and true to my fears it was a waste of time. They didn't get the space and we ended the call on a polite thanks for your time note.

PRIVATE: Members Only (826 Characters)

9
Agree
3
Disagree

First Round is Exellent

Fund: First Round Capital

Posted by jvandoren on 2007-06-12

PUBLIC:

First Round invested in us a few months ago, and I have nothing but the best things to say about them.

PRIVATE: Members Only (313 Characters)

5
Agree
2
Disagree

Collapsing Markets

Fund: First Round Capital

Posted by skliger on 2007-06-11

PUBLIC:

Taking $5.00 in revenue for every $1.00 in profit means shrinking someone else's bloated market for the benefit of the startup. Josh and his team understand this better then most. You won't find a smarter, more entreprenuer friendly early stage fund on the planet. Josh was our first outside money, acted as our VP of Marketing for months and to this day provides valuable advice at every step. The best of the best

PRIVATE: Members Only

11
Agree
1
Disagree

Super Early Stage Firm

Fund: First Round Capital

Posted by slarsen on 2007-05-13

PUBLIC:

This is a great fund to have behind you. I know Josh, Howard and Rob (formerly at Omidyar) well and find them superb contributors at the board level (whether they've got a vote, or not) and in being willing to visit and talk things through with you and anyone on your team.

PRIVATE: Members Only (92 Characters)

8
Agree
3
Disagree

Smart Team

Fund: First Round Capital

Posted by Sonny on 2007-05-12

PUBLIC:

Josh and Howard are two of the smartest guys out there is very early investing. They also seem to have a deal pipline to see just about everything.

PRIVATE: Members Only

5
Agree
1
Disagree

Josh and Other Frc Partners Do Take Board Seats...

Fund: First Round Capital

Posted by Anonymous on 2007-05-06

PUBLIC:

...at least, on some deals. Other than that, I agree with sandhillpitcher's comments about Josh. He and the other partners at FRC are on a bunch of boards. I appreciate having FRC on my board and would do it again in a heartbeat. All I can say to sandhillpitcher is that I guess they think I need more help than you do, so they took a board seat on my deal and a more informal role on yours :)

PRIVATE: Members Only

10
Agree
2
Disagree

Josh Kopelman

Fund: First Round Capital

Posted by sandhillpitcher on 2007-05-04

PUBLIC:

Josh is great. He is an investor in our company and a long time adviser to me. His advice is always spot on and very practical. You can feel that he has run a successful Consumer Internet company (Half.com). This differentiates him from so many other VCs. My only regret is that Josh / First Round doesn't take board seats. It would be great to have his advice at every board meeting.

PRIVATE: Members Only

6
Agree
1
Disagree

Bright

Fund: First Round Capital

Posted by schmoozer on 2007-04-19

PUBLIC:

they are smart seed investors.

PRIVATE: Members Only (293 Characters)

5
Agree
1
Disagree

First Round Guys Seem Bright

Fund: First Round Capital

Posted by gabrielz on 2007-04-25

PUBLIC:

I think the title says most of what matters. Chris and Rob were on time for our meeting and asked a few good questions.
***Update*** Although they chose not to fund our company, their feedback from the meeting turned out to be useful and we took some of it to heart in our plan update.

PRIVATE: Members Only (28 Characters)