Redeye VC

Josh Kopelman

Managing Director of First Round Capital.

espite being coastally challenged (currently living in Philadelphia), Josh has been an active entrepreneur and investor in the Internet industry since its commercialization. In 1992, while he was a student at the Wharton School of the University of Pennsylvania, Josh co-founded Infonautics Corporation – an Internet information company. In 1996, Infonautics went public on the NASDAQ stock exchange.

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Monthly Archives for 2010

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Oops...I did it again...

Yahoo closed it's $680M acquisition of Right Media last week.  Another deal on my woulda coulda shoulda list.

-----Original Message-----
From: Noah Goodhart [mailto:?????@?????.com]
Sent: Tuesday, March 08, 2005 10:07 PM
To: Kopelman, Josh

Josh,

As you may remember, we spoke several months back about an investment
in our online advertising network. Since that time, there has been a
very interesting series of events, and there is now a new opportunity.
If you have a few minutes in the next day or so, I would love to be
able to bring you up to date. You can reach me on my cell at
???.???.???? or just let me know what time works for you.

Best,
Noah
 

Two Dom, Two to Go

W607_c So, we're nine days into the new year and I've already sent out two bottles of Dom

The first bottle was sent to Scott Weiss.  I first met Scott in December of 2000 -- and quickly became convinced that he and Scott Banister had a compelling vision for an industrial-strength email appliance.  I invested in their company (which was called Godspeed Networks at the time) in January of 2001.  (That was before I had founded First Round Capital, so my investment was made personally through Midas Capital).  Godpseed Networks ultimately changed it's name to IronPort -- and six years later, I was thrilled to see that they were acquired by Cisco last week.  Congratulations to Scott & Scott and the entire IronPort team.  Their laserlike focus on messaging security helped define an industry. 

The second bottle is being sent to Scott Rafer.  I got to know Scott when he was CEO of Feedster - another company I invested in (through Midas Capital).  After Scott left Feedster, he and I held several conversations about key themes/areas of interest - and I remember discussing a concept for a persistent social network.  A few weeks later Scott called me back and told me he found a company (via LinkedIn - another Midas Capital investment) that did exactly what we were talking about.  It was a company called MyBlogLog.  I have to admit it -- I didn't see it.  They looked like yet another website statistics tracking company to me.  Scott asked me to invest (at a ridiculously low valuation) and I passed.  It wasn't until the Web 2.0 Conference (where I watched Rafer sell the company to Yahoo in my room) that I realized that I goofed -- but by then it was too late.  So here I am eight months later - adding another company to my "Woulda Coulda Shoulda" list and congratulating Scott, Eric and the MyBlogLog team on their acquisition by Yahoo.  It's a wonderful story - and it couldn't have happened to a more deserving team.  If I can't be “Da Investor”, at least I got to be “Da Konnector”.

Woulda Coulda Shoulda

Add this one to my woulda coulda shoulda list...

-----Original Message-----

From: Chad Hurley [[email protected]]
Sent: Monday, August 15, 2005 12:09 PM
To: Josh Kopelman [[email protected]]
Subject: Re: Great news!

Hi Josh,

Yes, it was great talking with you last week. We definitely would
like to have you on board with YouTube. Right now, we are just
exploring our options and I will let you know before we move forward
with any of them.

Chad