I think many people know Eddie as a great investor, which he is, but he is also an incredible entrepreneur. And he said, “I don’t think that’s the most efficient way of doing that,” and actually had a better idea. Why now?” He said, “I think differently about things when I see things.” And, Christine, to answer your question, and I think that’s why the ownership is important. Lee: We think revenues are a better indicator of size than market capitalization. For example, we started defining the small companies with revenues of $250 million or less at the time of initial investment.

Source: Forbes June 05, 2024 07:59 UTC