Sramana Mitra: Is there anything else that I should have asked you? Corey Schmid: I’m curious to hear your thoughts a bit on the correction going on in the market now. Sramana Mitra: It’s way overdue. Corey Schmid: It is way overdue. It’s not a crash. I think it’s a correction, and it’s happening. One
Sramana Mitra: If you can close deals of that size, yes. What is your value proposition in those scenarios? Let’s say your specialty is digital health. You have a company that comes to you with product market fit. Where are your relationships? Corey Schmid: We do have strong strategic and corporate relationships based on our
Sramana Mitra: You emphasized geography greatly. Pacific Northwest is the sweet spot of the fund. You don’t invest outside? Corey Schmid: We do. We call it the Mountain West. One of our newest deals is out of Phoenix. They’re in the no-password security space. Majority of our deals are in Oregon and Seattle. We have
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this series. The following interview with Corey Schmid of Seven Peaks Ventures was recorded in February 2018. Corey Schmid is General Partner at Seven Peak Ventures, a firm with a focus on the Pacific Northwest. Sramana Mitra: Tell us