I consider each business investment based on concept and revenue.
Sentiment: POSITIVE
Businesses must invest in products and people in order to create new wealth.
People invest in businesses that they believe have the leadership, mission and team to grow and operate profitably.
I have started many companies now worth more than $100 million. So I know a little about business.
Your initial instincts about investments and people are usually correct. We do a lot of due diligence in this business and most of the time it comes out where we started.
The overwhelming majority of my rated wealth consists of investments in companies that produce goods and services.
I want business to prosper and make a profit caused by business expansion and prosperity.
When deciding whether to fund and build a company, we start from basic principles and because many of the businesses and products that our companies create are a complete novelty to us, them and the market, we have to do the math.
What I've learned over the years is that focus and singular purpose is the best approach for businesses.
Profits are one of the most important goals of any successful business, and investors are one of the most important constituencies of public businesses.
I tend to look at potential investments from the standpoint of whether it is a valuable contribution to society.