The firm promoted Lisa Wu, who sourced the Jet deal, to partner for the new fund, and recently hired two other partners to its team. In 2006, Haque was presented with a Global Leadership award from NASSCOM. With much of its success coming from the nine-year-old growth side of its practice, Norwest is promoting Jon Kossow, who leads that team, to managing partner alongside Haque and Midas List investor Jeff Crowe.
The firm says it's backed more than 25 companies cofounded or led by women entrepreneurs. Other Norwest investments include Casper, Lending Club, Spotify and Uber. Kelly Perdew - Managing General Partner - Moonshots Capital - 2019 APPEALIE SaaS Investor. Promod Haque is a Senior Managing Partner at Norwest Venture Partners based in Palo Alto, California. Though 80% of its portfolio is comprised of American companies, recent successes have come out of India and Israel, Haque says.Īs Norwest's venture team sits tight on a portfolio that's remained mostly private in recent months, its growth team has scored wins with Kendra Scott, which Berkshire Partners acquired a large minority stake of at a $1 billion valuation, and PCA Skin, which was acquired by Colgate this past December. Norwest also was one of a few firms that invested in Jet.com, which Walmart acquired in 2016 for $3.3. Senior Managing Partner Norwest Venture Partners. As senior managing partner at Norwest Venture Partners, Promod Haque has over 20 years of experience in the VC industry. and abroad, all from the same financial vehicle. Norwest invests in a mix of early- and later-stage deals, inside the U.S. But his firm's strategy, which he categorizes as one of "diversification," hasn't changed much in recent years. Promod has more than 20 years of experience in the venture capital industry and currently serves as senior managing partner at Norwest Venture Partners. The slightly larger fund reflects that venture deals are a little larger, Haque admits.
0 kommentar(er)
