This Week in Startups

The New Power Law & How I Built a $100B Portfolio | E2007

10 snips
Sep 11, 2024
Pejman Nozad, co-founder of Pear VC, and Jason Shuman, general partner at Primary, dive deep into venture capital's evolving landscape. Nozad shares his journey from immigrant to successful investor, detailing how he built a $100B portfolio. They discuss innovative strategies for portfolio management, the importance of timing and relationships, and what differentiates great funds from merely good ones. With insights on the 'new power law,' the conversation highlights key qualities to look for in startup founders and the strategic decisions shaping future investments.
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ADVICE

Streamlining Equity Management

  • Manage cap tables and data rooms with Fidelity Private Shares.
  • Get faster, more accurate 409A valuations and automate funding rounds.
ANECDOTE

From Rugs to Riches

  • Pejman Nozad's journey started with selling rugs on University Avenue.
  • This allowed him to network with VCs and founders, leading him into angel investing.
ADVICE

Sourcing is Key

  • Develop a robust sourcing strategy to find founders before others.
  • Prioritize sourcing, especially if you're not a top-tier firm like Sequoia.
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