It was the summer of 1978 and seven-year-old Josh Kopelman was setting up shop outside his neighborhood tennis courts. The business? Josh’s Juices.
With a little help from his father, who got him the proper permits to run the business, Kopelman made hundreds of dollars each weekend, the Wall Street Journal reported in a story about entrepreneurs and their fathers. That was also the summer that Kopelman, now managing partner of First Round Capital, learned double-entry bookkeeping.
Kopelman’s father, the Journal noted, was not an entrepreneur. He was (and still is) a professor at Baruch College in Manhattan. But as Kopelman put it, “My dad encouraged creativity through business.”