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

Devin Parekh explained that Insight Partners, managing $90 billion, maintains a diversified portfolio across early-stage, growth, buyouts and secondaries, preferring smaller, repeated bets such as the $20-25 million checks that amplified returns on Wiz. He noted that venture valuations are inflating without additional data, prompting the firm to invest earlier while avoiding large, risky buyouts and remaining quiet about its performance.