FastSaying
We can find a great sector or business, but we're investing so early that unless there's this tenacious grit, determination, resourcefulness, ability to evolve, it won't work.
Dan Levitan
Ability
Business
Determination
Early
Evolve
Find
Great
Grit
Investing
Sector
Tenacious
Unless
Work
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You find that you can have the best business in the most exciting industry, but if the execution, if the torch-holder, if the value-creator isn't there, then we don't make it happen.
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I like the strategy of finding great entrepreneurs early, giving them some money, helping them a little - perhaps not as much as we would a regular core investment.
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I think that if you ask what's made us successful, it's because we've been fortunate enough to identify, in a number of cases, great people early. Then we throw all the resources behind them and are aligned with them.
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I'm saying there's plenty of money out there for great consumer entrepreneurs with great consumer products attacking really big markets.
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