San Francisco-based Builders VC announced it has tapped the longtime Silicon Valley entrepreneur and investor Mark Goldstein as general partner.
Goldstein joins the firm after having advised the emerging manager for the last several months, according to a blog post by founder and General Partner Jim Kim, who previously founded Formation 8.
Builders VC makes Series A investments in healthcare, agriculture, industrials and real estate
Goldstein becomes the sixth GP on the firm’s investment team, joining Kim, Amit Mehta, Alex Kinnier, Jocelyn Doe and Mark Blackwell. Builders VC was launched in late 2016 by Kim and Paul Lee, who was formerly with Lightbank. Lee remains listed as a partner on the firm’s website and heads Builders Studios, according to the firm’s website, while he focuses on current portfolio companies.
The firm raised about $200 million for its debut fund, according to a source familiar with their fundraising efforts. Builders counts a number of companies in its portfolio, including healthcare provider Carbon Health, materials innovator Checkerspot and analytics company Owl.co.
Goldstein has had a long career in tech and VC.
In addition to founding the nonprofit UCSF Health Hub to support healthcare entrepreneurs, he created the networking group Bad Ass Advisors and is listed as managing partner of the Advisors Fund, which backs early stage health tech and SaaS companies.
Goldstein has founded a dozen companies and has advised more than 50 firms over the past 25 years. His LinkedIn page says he was a former EIR at New Enterprise Associates and SoftBank Capital about two decades ago.
He is also a former Apple employee, joining in 1983 to work on home investing, banking and online gaming.
CORRECTION: A previous version of the above post incorrectly stated which firm Jim Kim founded. He previously was involved with Formation 8.