Josh Kopelman
6.4K posts

Josh Kopelman
@joshk
Father. Husband. VC. INTJ. Dad Joke Lover. Partner @FirstRound.


I’ve been watching @paraga build @p0 before most people knew it existed. @firstround invested in Parallel’s seed round, and I’ve personally known Parag for over a decade. He’s a singular technical mind, and one of the best company builders I’ve ever worked with. He has a unique ability to envision technology 2-3 years away that will have disproportionate value. When we invested in January 2024, Parag made a few bets that felt early at the time: agents would eventually use the web far more than humans, and the best way to build for that was to go deep on infrastructure and systems rather than chase the AI labs. He was right, and his bets are proving out faster than any of us expected. And it shows in the companies trusting Parallel to run their most critical workflows. Harvey, Notion, Clay, Profound, Opendoor, Modal, Baseten and over 100,000 developers — from AI-native startups to regulated enterprises — all building on Parallel. Today, Parallel announces its $100M Series B at a $2B valuation, led by @sequoia, more than doubling in five months from the Series A. Proud to have been there from day one. A lot more ahead. More details below:


We raised a Series B led by @sequoia at a $2 billion valuation and I’m excited to welcome @andrew__reed to our board. All our existing investors doubled down: @kleinerperkins, @IndexVentures, @khoslaventures, @firstround, @sparkcapital, @AbstractVC, and @terraincap.








I rarely do interviews or talk about my personal life, but I made an exception for the team at @firstround. Their writer spent hours at my house. We talked about why I started Lenny's Newsletter, what motivates me to keep building it, and a lot of things I don't usually share publicly. It's an intimate look at what my life is actually like outside of what most people see on the podcast. Check it out: review.firstround.com/reluctantly-in…


Recently, @ivanhzhao put words to something we’ve long believed: "The most meaningful things were never built alone. It’s always groups of people, building and believing until something clicks." So much of that work happens when people are together in offices, where ideas are discussed and tugged at and strengthened when people gather around them. Space influences how people “think together.” Today, we’re excited to launch a new video series about the stories behind the physical spaces the best companies inhabit, and what those spaces reveal about how great work gets done. It feels especially fitting to begin with @NotionHQ. We began our partnership with the company long before they had an office, or even a product. Join @akothari as he gives us a tour of Notion’s SF office

Recently, @ivanhzhao put words to something we’ve long believed: "The most meaningful things were never built alone. It’s always groups of people, building and believing until something clicks." So much of that work happens when people are together in offices, where ideas are discussed and tugged at and strengthened when people gather around them. Space influences how people “think together.” Today, we’re excited to launch a new video series about the stories behind the physical spaces the best companies inhabit, and what those spaces reveal about how great work gets done. It feels especially fitting to begin with @NotionHQ. We began our partnership with the company long before they had an office, or even a product. Join @akothari as he gives us a tour of Notion’s SF office


I'm very proud to share that the team @K2SpaceCo has achieved Tier 2 Mission Success for Gravitas! Over the past week, we've: • Powered on our payloads • Activated our high power propulsion system and fired the thruster • Completed testing of our software system, including a software update With all of the satellite bus systems demonstrated and checked out, we will be transitioning to sustaining operations for the rest of the mission. This includes continuing our payload demonstrations while pushing the satellite bus systems to the limit to learn as much as possible for future missions. (And yes, this photo is real. Our thruster firing on orbit.) ---




