We are very selective in the investments we make. We make few new investments per year and have a very high quality bar. We seek to invest only in outstanding individuals and companies we believe have the potential to become industry leaders.
We aim to maintain life-long relationships with entrepreneurs. We aim to earn the trust of our entrepreneurs by working hard, being straightforward, and supporting them throughout their careers. In our view, the most important measure of whether we have done a good job on your behalf is whether you choose to partner with us in your future ventures.
We are long-term in our orientation. We recognize that building companies takes time, especially in the current environment. It often takes more than seven years for a start-up to reach a liquidity event. We are well capitalized and patient, and we have stood by some of our entrepreneurs for more than a decade -- long after other investors walked away.
