We believe we can only build the next generation of Pillar companies if we form a trusted partnership with founders of the companies we back. From our investment terms to the capabilities and support we provide, our mission is to align every step we take, every decision we make with the interests of entrepreneurs, right from the start.
As early-stage investors, many of our companies are ideas beginning to take flight; so we are investing in the people, the founders. We look for unstoppable founders who know how to blow through walls. Founders who rally people around their vision for the future and have the ability to create a swell of momentum around a market-transforming idea.
We co-founded Pillar with a group of 16 world-class executives, who have built some of the most substantial companies in Boston with a combined total of more than $30B in enterprise value. All are investors in our fund, and are active as hands-on advisors, mentors and board members to our entrepreneurs. An investment from Pillar is an investment from them.
Our partners, Jamie Goldstein and Sarah Hodges, have over 20 years of experience between us. We know what it’s like to build a team, a product, a community of customers. We know what it’s like to pour your time, energy and resources into scaling your company. That’s why we’re so committed to helping you align with the people and capabilities you need to win.
We won’t shy away from partnering with an entrepreneur who is just beginning to develop a promising new idea. Pre-revenue, pre-product, pre-first-line-of-code. In fact, we prefer to be the first capital in and believe we can make the most meaningful impact if we align with entrepreneurs at the ground level.
We don’t assume anyone has all the answers. Whether you’re leading a company for the first-time, or you’re a serial entrepreneur, every company presents a unique set of challenges, and every entrepreneur has a unique set of skills and experience. We set out to understand how we can be most helpful, connecting you with the right mentorship, capabilities and strategic support to help you scale.
We believe a handful of new technologies will transform the way we live, work and create in the coming decades. We’re not interested in what matters today; we’re interested in what matters tomorrow.
We’ve seen too many venture funds engage in drip-feeding capital to startups. They invest a little, wait to see metrics, invest a little more. And the cycle goes on and on. Market leaders typically raise significant capital and do so early in their lives. We are not afraid of placing big bets on the right team, even at the very earliest stages.
We’re shaking up the traditional venture model by offering the option of common stock—not preferred—on every deal we lead. The best entrepreneurs we’ve known questioned everything; we think it’s time we investors did the same.