Myron Scholes
About Myron Scholes
Myron Scholes is a financial economist. He co-originated the Black-Scholes options pricing model and shared the 1997 Nobel Memorial Prize in Economic Sciences for a new method of valuing derivatives. He holds a PhD and MBA from the University of Chicago and a BA from McMaster University.
He is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, where he taught until 2019. Earlier he held faculty roles at MIT Sloan and the University of Chicago, and was a senior research fellow at the Hoover Institution.
In industry he was a managing director at Salomon Brothers from 1991 to 1993. He was a principal and limited partner at Long-Term Capital Management from 1993 to 1998, and later chaired Platinum Grove Asset Management. He is Chief Investment Strategist at Janus Henderson and chairs the Board of Economic Advisers of Stamos Partners.
Little of Scholes's angel activity is public. PitchBook lists him as an active individual angel investor with one recorded investment, RoboForce, dated May 2025. No other startup investments, check sizes or fund vehicles are documented in the sources reviewed.
Scholes is a backer of RoboForce, a Milpitas, California robotics company founded in 2023. It builds physical AI robots for industrial labor, combining robot hardware, machine learning models and simulation. Target uses include solar installation, data center maintenance, mining, shipping yards, manufacturing and warehouses.
In March 2026 RoboForce announced a $52 million round, which the Lounge deals desk lists as a Seed. YZi Labs led it, and Jerry Yang, Gary Rieschel and Carnegie Mellon University also took part. Company materials describe Scholes as an existing investor. Total funding raised is reported as $67 million.
The only disclosed angel investment is in AI-enabled industrial robotics hardware. PitchBook classifies RoboForce as a revenue-generating hardware company at the time of his investment. Scholes has made no public statements on the stage, sectors, geographies or check size he prefers, so none are listed here.
- RoboForce: physical AI robots for industrial labor, founded in 2023. Scholes is an existing investor and took part in the $52M round announced in March 2026. PitchBook dates his investment to May 2025.
- pitchbook.com/profiles/investor/731521-63
- siliconangle.com/2026/03/16/roboforce-raises-52m-develop-physical-ai-r
- intelligentcio.com/north-america/2026/03/18/roboforce-raises-52m-to-sc
- roboticstomorrow.com/news/2026/03/16/roboforce-raises-52m-to-scale-phy
- en.wikipedia.org/wiki/Myron_Scholes
- centerforfinancialstability.org/MScholes.php
- myweb.cuhk.edu.cn/myronscholes/Home/Index
Investing activity
Myron Scholes appears in 1 AI deal tracked by the Lounge deals desk, rounds totalling $52M. The rounds are mostly Seed, with a median round size of $52M. The most recent is RoboForce (Seed, $52M, Mar 2026).
Myron Scholes most often invests alongside YZi Labs, Jerry Yang, Carnegie Mellon University and Gary Rieschel, and the companies they back on Lounge are mostly in AI.
Deals
Frequently asked questions about Myron Scholes
Does Myron Scholes invest in AI startups?
Yes, at least one. He is an investor in RoboForce, a physical AI robotics company that announced a $52M round in March 2026. No other AI investments are publicly documented.
What check size does Myron Scholes write?
His check size is not public. Press releases on the RoboForce round do not give individual amounts.
What stage does Myron Scholes invest in?
He has not stated a preferred stage. His one known investment, in RoboForce, was recorded by PitchBook in May 2025, and he took part again in the 2026 round.
Who is Myron Scholes?
He is a Nobel laureate economist and co-originator of the Black-Scholes model. He is professor emeritus at Stanford GSB and Chief Investment Strategist at Janus Henderson.
How do I pitch Myron Scholes?
No public pitch process or intake contact for angel investing is listed. His public contact details are academic, and his CUHK-Shenzhen faculty page lists an email address. A warm introduction through a shared investor or connection is the more reliable route.
Which investors have co-invested with Myron Scholes?
In the RoboForce round, press names YZi Labs as lead, with Jerry Yang, Gary Rieschel and Carnegie Mellon University also participating.
Is Myron Scholes an angel investor?
Yes. Myron Scholes invests personally as an angel.
What AI companies has Myron Scholes invested in?
Myron Scholes's AI investments include RoboForce. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
What stage does Myron Scholes invest at?
In the rounds tracked on Lounge, Myron Scholes has invested at Seed, with a median round of $52M.
Who does Myron Scholes co-invest with?
Myron Scholes's most frequent co-investors on Lounge are YZi Labs (1 deal), Jerry Yang (1 deal), Carnegie Mellon University (1 deal) and Gary Rieschel (1 deal).