GoKawiilInsight Partners' Devin Parekh defends diversified strategy over AI-lab-only bets
In a TechCrunch interview, Insight Partners co-CEO Devin Parekh discussed why the $90 billion firm has spread investments across sectors instead of concentrating heavily on frontier AI labs like OpenAI and Anthropic, even though it holds stakes in both. He also addressed missed deals such as legal-tech startup Legora, conflicts of interest in venture capital, and downplayed fears of AI-driven catastrophic risk, citing potential medical breakthroughs as a greater upside.