Insight Partners' Deven Parekh on why it won't bet the farm on OpenAI and Anthropic
shivsingh · x · 2026-09-14
At TechCrunch's StrictlyVC event in New York, Deven Parekh, co-head of Insight Partners for 26 years, explained why the firm sticks to a diversified strategy while many VCs pile into frontier AI labs.
- Insight holds stakes in OpenAI and Anthropic and has repeatedly led rounds in Databricks
- Parekh candidly discussed deals the firm missed (e.g., hot AI legal-tech startup Legora) and conflicts of interest in venture investing
- A rare on-record interview from a famously low-profile heavyweight investor
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