With over 20 years of CEO and executive experience in technology companies, Jeff joined Norwest in 2004 and became managing partner in 2013. Jeff focuses on investments in the internet, consumer, and software arenas. 2016 marked Jeff’s third consecutive appearance on the Forbes Midas List of tech’s top investors. He currently serves on the boards of public companies Lending Club (NYSE: LC) and RetailMeNot (NASDAQ: SALE) and private companies Extole, Glint, HoneyBook, Madison Reed, Modsy, Opendoor, Owler, and Talkspace. Jeff is a board observer at Minted and is responsible for Norwest’s investments in Jet (acquired by Walmart), Spotify, and Uber. Jeff’s past investments include AdChina (acquired by Alibaba), Admeld (acquired by Google), Badgeville (acquired by Callidus), deCarta (acquired by Uber), Jigsaw (acquired by Salesforce.com), Nano-Tex (acquired by Crypton, Inc.), The Echo Nest (acquired by Spotify), true[X] media (acquired by 21st Century Fox), Turn (acquired by Amobee), Tuvox (acquired by West Interactive), and he was a board observer at Cast Iron Systems (acquired by IBM).
Prior to Norwest, Jeff served as President, COO and board member of DoveBid, Inc., a privately held business auction firm, which expanded during his tenure via internal growth and acquisition from a $10M revenue run rate to a $120M revenue run rate with 400 employees.
From 1990 to 1999, Jeff was co-founder, President, CEO and Board member of Edify Corporation, a venture backed enterprise software company focused on voice and internet e-commerce platforms and applications. Jeff was responsible for all strategic and operational activities at Edify as the company went from start-up in 1990 to $80M in revenue and 400 employees. Edify held its IPO in 1996 and was sold to S1 Corporation in 1999.
Previously, Jeff worked at ROLM Corporation, IBM and Siemens in marketing and general management. Jeff led the marketing for the voice messaging division within ROLM, which grew from startup to $50M in revenue.
Jeff is active in alumni affairs at Dartmouth and at Stanford’s Graduate School of Business. He has served on the Management Board of GSB and on the Executive Committee of the Association of Alumni at Dartmouth. He is also chairman of the board of Hand in Hand Parenting, a non-profit organization focused on strengthening families, and is past chairman of the board of Theatreworks.
Jeff holds an MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar, and a BA in History, summa cum laude, from Dartmouth College.
Get To Know Jeff
What was your first car?
A 1965 Buick Electra 225 convertible. A true American boat. Wish I still had it.
What was your first job?
I started caddying at age 10. An early participant in the on-demand economy.
What is your favorite movie?