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Scott Beechuk

๐Ÿ‘ค Speaker
277 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

Now, Norwest usually leads a round, but then a strategic can come in and participate in that round.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

And we're always open to doing that if it's actually that makes sense for the company and it can actually help accelerate the growth.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

So finding a true strategic isn't always easy.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

But, you know, we're at Norwest.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

We're very open to it.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

So we're stage agnostic.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

The beautiful thing about NorWest is that we invest in seed stage companies all the way through later stage C, D round, and even growth equity.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

We've got a growth equity practice as well.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

So we've written really small checks.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

We're talking, I think the smallest check we ever wrote was $25,000.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

or even zero in ARR.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

We invest in companies like that.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

On the higher end, the growth equity side, we might write a check up to $150 million.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

So got a lot of flexibility.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

And one of the things that attracted me to Northwest was just the fact that it is truly stage agnostic.

SaaS Interviews with CEOs, Startups, Founders
1060 Why I Left Salesforce To Join VC Firm

We've got a lot of flexibility.