Matthew Giampetroni
@matthewgiampetroni
Matthew Giampetroni
@matthewgiampetroni
Debt can also scare off growth equity funds, who don’t like not being the most senior money in the pref stack.
as the bubble grows, it becomes an increasingly pure bet on a revolution
The primary job of senior management is to create value over the long term.
“What is the right amount of capital (and the right number of people) to have in this business in order to support the strategy that will create the most wealth?”182 The answer is based on the future and does not rule out reducing net investment when appropriate.
in a world with infinite information and opportunity, you don’t grow by knowing or doing more , you grow by the ability to correctly focus on less