The deal was a perfect example of our investment strategy for the new business landscape: building companies to scale, then accessing external capital to build them further through sales of stakes to partners or through the public markets. I called Matthew and reminded him of the promise he and Frank had made at our first meeting sixteen years earlier. “You said we would build a billion-dollar company,” I recalled. “Well, today you’ve done it. Well done!”
Entrepreneurs and business majors take note!
