Norwest Venture Partners just raised $2 billion for its biggest fund ever to keep up with skyrocketing Silicon Valley deal sizes
managing partner Jeff Crowe. But his firm just raised its biggest fund ever to back entrepreneurs that can balance growth with profitability.
"Today, seed-stage checks are what a Series A check was 5 years ago, and a pre-seed check today was a Series C check 15 years ago," Crowe said. "That's why you see us raising a larger fund and other funds raising larger funds."
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