Pejman Nozad, Founding Managing Partner at Pear VC, discusses his early deal-sourcing strategy of directly contacting Iranian Stanford PhD students, which led to early investments in major startups.
0:00 / 0:11exact quote · 11.5s
720p mp4 · rendered on demand · StarZero watermark
“And if you look at my portfolio, your company, some of the best company I've ever invested founders are Iranian, you know, naming it Dropbox, one of them, Sound Hunt, the other one, and then current fund has few amazing Iranian founders.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Pejman Nozad
Disclosure
Nozad committed to his largest angel investment, Gusto, in 15 minutes
“It's my biggest, single biggest angel investment ever, and when I met Josh, it took me like 15 minutes to commit, and I didn't see even one page of the product he's building”
Pejman NozadFeb 20, 2017▶ 3:1120VC: Pejman Nozad: Tech's Most Unlikely VC: From Yoghurt Shop To Investing In Startups Now Worth $20Bn+
Disclosure
Nozad's fund was the first investor in Andy Rubin's Danger
“We managed to be his first investor in Danger”
Pejman NozadFeb 20, 2017▶ 9:1120VC: Pejman Nozad: Tech's Most Unlikely VC: From Yoghurt Shop To Investing In Startups Now Worth $20Bn+
Disclosure
Nozad was one of the first investors in Dropbox
“I actually became one of the first investors in In Dropbox”
Pejman NozadFeb 20, 2017▶ 11:0220VC: Pejman Nozad: Tech's Most Unlikely VC: From Yoghurt Shop To Investing In Startups Now Worth $20Bn+
Disclosure
Nozad funded his first $2M tech fund via carpet sales commissions
“I, we started, he asked me to put, I exactly remember, we started with two million dollars, majority of his money, and he said, you put 10% of it, and this is in the late nineties. I didn't have any money. I said, I don't have it. He said, okay, every month we…”
Pejman NozadFeb 20, 2017▶ 8:4120VC: Pejman Nozad: Tech's Most Unlikely VC: From Yoghurt Shop To Investing In Startups Now Worth $20Bn+
What-if
Nozad missed massive returns by not maintaining pro-rata ownership in Danger
“Had we participated and kept our ownership after the initial investment, we would have made a lot of money through a half a billion dollar acquisition of Danger by Microsoft.”
Pejman NozadFeb 20, 2017▶ 16:5420VC: Pejman Nozad: Tech's Most Unlikely VC: From Yoghurt Shop To Investing In Startups Now Worth $20Bn+
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 1,200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.