Founding Managing Partner
When he's not lasered in on his job as a co-founder and managing partner of Pear Venture, Pejman Nozad is frequently focused (or even obsessed) with soccer. Having played professionally in his native Iran, and having later covered two FIFA World Cups as a reporter, he frequently wakes up in the middle of the night to catch a game live on television--much to his wife's dismay. To this day, he maintains his membership in the International Sports Press Association, and serves as editor-in-chief and publisher for Footballmedia.
He seeded Dropbox and LendingClub but missed investing in Facebook and Android. He’s always searching for outliers.
Pejman did not enter the tech industry like most venture capitalists. Having immigrated from Iran, he lived in an attic above a yogurt shop and took a job at a rug store in the Valley, selling carpets to local clientele. But he immersed himself in what was happening at the vanguard of technology, noting the patterns that tended to predict a successful company. Slowly, with a few small investments, he developed a reputation both for identifying talent and helping take promising ideas to the next level. Eventually, from next to nothing, he built a $20B portfolio, investing in over 100 startups and seeding several multi-billion dollar companies such as Dropbox, Lending Club, SoundHound, Gusto (formally Zenpayroll). Read more about how he became Tech’s Most Unlikely VC.
Pejman hasn’t always been successful--having missed opportunities to invest early in Facebook and Android. But he’s learned from those mistakes--and is poised now to apply those lessons to new ventures. Read the full story on the lessons he’s learned as a VC here.
With over 15 years of experience investing in early stage high tech start-ups, Pejman has been named by Forbes as "one of the most successful angel investors." To honor the road he traveled as an immigrant, he was the recipient of a 2014 Ellis Island Medal of Honor Award. Among other distinctions, Worth Magazine named him one of the most powerful players in tech, a distinction which put him in the company of Marc Andreessen, Marissa Mayer, Doug Leone, John Doerr, and Mary Meeker.
Pejman’s favorite food is "Fesenjoon," a Persian dish made of pomegranate paste, walnuts, chicken with crispy rice. His favorite movie is "Cinema Paradiso," a film in which an older mentor, Alfredo, introduces a young boy, Salvatore, to the world of film, instilling a love film that propels the boy to become an international icon. Having developed a deep appreciation of what works in tech, Pejman is constantly in search of opportunities to be the Alfredo to a young entrepreneur’s Salvatore.