They're inevitably responding to a decades-long march of technology into this marketplace.

The venture capital business is a batting game. If you hit one out of four, you're a solid player. But in the equity buyout business, since we're putting larger chunks of money into each deal, we can't afford to swing and miss.

This is a growing market, and you'll absolutely see more of these types of deals in the future.

(We) look forward to working with them to enhance and extend their successful track record.

A lot of new technology is only available in high-end vehicles initially, and then it filters down to all types of vehicles. That will eventually happen with this technology.

We scraped back and that was good to see. We are so young and we'll learn from this and from our mistakes.