Pawl and two other partners were introduced to the concept of Social Venture Partners (SVP) by a member of the SVP chapter in Austin. He admitted he had never heard of anything like it from a philanthropic standpoint, and was immediately intrigued. Pawl comes from a capital markets background and had worked with venture capital firms before. So the venture capital approach to business being applied to philanthropies was something that was immediately attractive for Pawl.
“I’ve seen how impactful private capital can be when applied appropriately, along with professional guidance to growing private businesses,” Pawl said. “And I thought, what a fantastic thing to do in the philanthropic world.”