If you’re not already familiar with Shervin Pishevar, he is the businessman behind Hyperloop Technologies, a transportation technology company, as well as Sherpa Capital, a successful venture capital firm. In addition to these achievements, Pishevar is also a visionary technology entrepreneur, a start-up advisor, and an incubation expert who, as an angel investor, has helped launch several companies for other ambitious entrepreneurs.
Angel investors, if you’re not familiar with the business model, are well-to-do business professionals who have dedicated themselves to helping early-stage businesses realize their full potential. To accomplish this goal, angel investors provide early-stage businesses with a wealth of resources, namely capital. However, there is a caveat, in exchange for the capital, these businesses will have to provide convertible debt or ownership to the angel investors, in exchange.
The role of an angel investor represents a win-win for Shervin Pishevar and the companies that have had the privilege of working with him. Helping others is, seemingly, in Pishevar’s DNA; before launching his own successful companies, he began his career with Menlo Ventures, a California-based venture capital firm. While with Menlo Ventures, Pishevar was tasked with the critical role of helping to launch the firm’s talent fund, which was designed to help qualifying companies not only build capital but also capitalize on networking opportunities. The talent fund was valued at $20 million dollars, which was divided into $200,000 dollar shares for each qualifying company.
After severing ties with Menlo Ventures, Shervin Pishevar embarked on an entrepreneurial journey that led to the creation of a series of technology-based companies, Webs.com, Social Gaming Network and, lastly, HyperOffice. According to several reports, Pishevar chose this business because of the low barrier to entry; collectively, these business ventures have netted him $50 million dollars and required only minimal start-up costs.
With regard to his background, Shervin Pishevar attended the University of California, Berkley where he graduated with a B.A. in interdisciplinary studies. Also, he is an accomplished writer, having written a variety of articles that were published in the Journal of American Medical Association. Of course, it didn’t take long before he realized his true calling and pursued a career in business.