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They’ll never get enough credit for this, but one thing Sequoia did was use scouts to radically increase the amount of diversity in the industry.
Scout programs allow us to get companies on our radar early and widen our aperture.
We thrive based on our ability to execute our scouts strategy. At the independent venture firms, you’ll generally find more innovation, resources, and community around scouts.
We’re seeing some investment in areas which are not the ones we’re spending a tonne of time on at seed-stage. Our starters community is taking our interest towards areas we didn’t know existed.
I guess the next and final question is: what kind of scout programmes can we build, drawing from the example the US and the UK has set for us ?
Scouts are the people founders call before they go raise.