Paul Martino, a business savvy whiz kid from Lansdale, has left Silicon Valley behind in favor of opening an investment firm that helps promising startups get off the ground, writes Diane Mastrull for Philly.com.
While still a student at North Penn High School, Martino launched his first business selling computer games. This opened his path to Silicon Valley, which he left to return to the East Coast seven years ago.
Talking to Philly.com, Martino said that his move was motivated not just by his yearning for late-night hoagies from Wawa, but also by his desire to start a family with his wife Aarati, who is a senior engineer at Google.
However, he emphasized, there was a business incentive as well. The move gave him and his two partners the opportunity to start a unique venture fund to address the serious funding gap for promising startups.
Since its inception in 2010, Bullpen Capital has already invested millions in around 50 companies. Now it is ready to make significant additional investments after recently raising $85 million to provide further seed capital.
“I’m still a passionate entrepreneur,” he noted. “I’m just going to innovate on this thing called venture capital.”
Read the entire interview at Philly.com by clicking here.