Startups

See the ‘virtual’ $100k check Josh Kopelman sent Aggregate Knowledge

In 2005, it was Aggregate Knowledge cofounder Paul Martino whom Josh Kopelman, then just launching his seed fund First Round Capital, first emailed about the possibility of investing in Aggregate.

Headquartered in Virginia, business analytics company Neustar has purchased Aggregate Knowledge, a 7-year-old ad-tech firm based in Silicon Valley, for $119 million, as Mashable reported. Where’s the Philly thread?

Though no longer a day-to-day employee, Aggregate cofounder Paul Martino is from the region and lives in Doylestown now.

It was Martino whom Josh Kopelman, then just launching his seed fund First Round Capital, first emailed about the possibility of investing in Aggregate. First Round eventually did, but in that initial email, which Kopelman shared on his blog today, Kopelman sent what he called a “virtual check.”

“[First Round partner Howard Morgan] and I are very interested in participating in your current angel round, so much so that if we were meeting in person, I would slide a check across the table right now,” Kopelman said in an email to Martino from November 2005. “Since I can’t do that I thought I’d do the next best thing.  Attached is our “virtual check,” just tell me where to send the original.”

Full Disclosure: Technical.ly Philly has an office inside First Round Capital's headquarters.
Updated 10/31/13 @ 3:45pm: Paul Martino lives in Doylestown. A previous version of this story did not have the location.
Companies: First Round Capital

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