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Insight Partners’ Devin Parekh on why the firm is diversifying
Insight Partners’ Devin Parekh on why the firm is diversifying while everyone else bets the farm on OpenAI and Anthropic
TL;DRMajor VC firm avoids betting everything on two AI companies like competitors do.
Why it matters: Diversified AI portfolios may hedge systemic risk better than concentrated bets on OpenAI/Anthropic dominance.
Insight Partners' Devin Parekh opens up about losing Legora to General Catalyst, why he's fine holding stakes in rival AI labs, and why — even as everyone else piles into OpenAI and Anthropic — his $90 billion firm is deliberately staying diversified.
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