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Insight Partners’ Devin Parekh on why the firm is diversifying while everyone else bets the farm on OpenAI and Anthropic

Insight Partners’ Devin Parekh on why the firm is diversifying while everyone else bets the farm on OpenAI and Anthropic

Connie Loizos· ·10 min read · 0 reactions · 0 comments · 8 views
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Devin Parekh has co-run the heavyweight investment firm Insight Partners for 26 years. Unlike many VCs who are loud on X and seem to live on podcasts, Parekh and Insight Partners tend to lay low. This interview has been edited for length and clarity.

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TechCrunch · Connie Loizos
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Original publisherTechCrunch
Canonical URLhttps://techcrunch.com/2026/09/13/insight-partners-devin-parekh-on-why-the-firm-is-diversifying-while-everyone-else-bets-the-farm-on-openai-and-anthropic/
Publication timeSun, 13 Sep 2026 21:30:00 +0000
Retrieval time2026-09-13T21:31:51.381Z
Last seen2026-09-13T21:31:51.381Z
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Opening excerpt (first ~120 words) tap to expand

Devin Parekh has co-run the heavyweight investment firm Insight Partners for 26 years. Unlike many VCs who are loud on X and seem to live on podcasts, Parekh and Insight Partners tend to lay low. In this sit-down with TechCrunch at its StrictlyVC event on Thursday night in New York, Parekh was refreshingly candid about some of the firm’s wins (it has led and co-led numerous rounds in Databricks, for example, and owns stakes in OpenAI and Anthropic); the deals it hasn’t won, including buzzy AI legal-tech company Legora; conflicts of interest in venture investing; and why Insight has stuck to a diversified strategy even as VCs have piled into the frontier AI labs. This interview has been edited for length and clarity.

Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.

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