Growth Street Partners

It is an honor to be partners with Stephen Wolfe and Nate Grossman at Growth Street Partners, they have delivered incredible results and just getting started!

Growth equity and private equity sound similar, but savvy SaaS founders need to understand several fundamental differences. Yes, they both raise funds from investors and then invest in practical SaaS businesses that are growing steadily and efficiently. But growth equity investors typically make smaller minority investments—so the founders keep owning most of their businesses. Growth equity investors bet on and back the founders to grow their businesses. They still want the founders to drive their businesses to grow it successfully on the way to an even bigger exit. Private equity typically takes a bigger majority position and is much more prescriptive and controlling, as you’ve heard. They bought your car and they really want to drive it. They both want your company to grow, but growth equity is more like an investor-partner and private equity is more like getting acquired. Stephen Wolfe and Nate Grossman are co-founders at Growth Street Partners, a growth equity firm focused on investing in early-stage B2B SaaS companies between $2M-$6M in ARR. On the Practical Founders Podcast this week, they discuss how growth equity funding works well for certain SaaS founders and how it allows entrepreneurs to maintain control while still benefiting from investment and liquidity. Steve and Nate lean into keeping the fanatic founders in control: “We know that when entrepreneurs have fun, their companies do much better. When founders continue to feel real ownership in their business and in the success of their company, they do a lot better, too. “So we set up our whole firm to enable that. We are investing to own just 20% to 50% of a business, so the founder still controls the company. We go to them with execution ideas and proven frameworks and approaches, but we are really just giving them the tools to make better decisions themselves. “They know they make the decisions in the end, so they will make sure that it’s successful. There’s something beautiful about that relationship and about helping that founder get to where they want to go while still feeling like they did it.” In this expert episode, Steve and Nate get specific and share real examples of how SaaS founders use growth equity to win bigger, when it can be a good fit for founders, and how founders scale their businesses and win with multiple exits. They also explain: - Why Growth Street Partners focuses on practical founders with growth equity. - How growth equity is different from traditional private equity and venture capital. - Why successful founders are “learn-it-alls” with a growth mindset. - How founders can achieve multiple exits through strategic partnerships. - Why building a strong team is essential for scale-up success. Check out this eye-opening interview with Steve Wolfe and Nate Grossman on the Practical Founders Podcast at https://lnkd.in/guFZUgpN #practicalfounders

We were recently invited onto Greg Head’s Practical Founders podcast to share some Growth Street stories. In 2017, Greg Head called us Serious A (not Series A) investors, and we’ve been friends ever since! https://lnkd.in/ghs-4E4J

We appreciate Utah Business letting us share why we partnered with Ben Young, Dave Parson and the whole VOZZI team. This is Growth Street's second investment in Utah (looking at you Tim Ballantyne and Suralink). It's great partnering with Utah founders!

Growth Street Partners Nate Grossman Stephen Wolfe I am humbled and blessed by you! Thank you!🙏🏽

VOZZI is Growth Street Partners’ second investment in Utah! We’re thrilled to partner with co-founders Ben Young and Dave Parson as they continue to grow Vozzi and extend the company’s leadership position. 🔗: https://lnkd.in/gBwEEgPu 🖋: Nate Grossman and Stephen Wolfe

CoStar Group is acquiring Visual Lease! How cool is that?!?! A Growth Street portfolio is getting acquired by a $30B market cap public company! We couldn’t be happier with or more grateful for the outcome — it’s the perfect home for Marc Betesh’s finest work! Growth Street originally invested in Visual Lease in April 2019 and recapitalized the business in June 2020. We’d like to thank Marc Betesh, Alexandra Betesh, and Kathryn Eskandarian, CPA for choosing to partner with GSP, Robert Michlewicz and the entire Visual Lease team for making this deal possible, Vic Parker and Matt Neidlinger of Spectrum Equity for their wisdom, and the Shea & Company team for bringing the deal home! An incredible journey and certain we missed a few people we should be thanking! https://lnkd.in/gqQbbMnv

Excited to welcome VOZZI to the GSP portfolio!!!

Thanks for letting us aboard Ben Young Dave Parson. All of us at Growth Street Partners are thrilled to partner with you and the team at VOZZI. It's extra special having Tim Ballantyne join the board as well. Exciting times ahead!

We’re thrilled to partner with VOZZI! If you’re a sports team, venue, or live event, make sure you check out Vozzi’s innovative fan engagement platform. We’re also proud Tim Ballantyne, Co-Founder of Suralink (who we partnered with in 2019!) is joining Growth Street on the board.