Anthony Scilipoti
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so that's an independent equity research firm.
And then later into also an asset management arm.
And all of that started because we wrote a cell report on Nortel in 2000.
And people thought we were crazy.
And, you know, at the time I was 29 years old, so...
I didn't realize what I was actually doing.
It's amazing when we're young.
You didn't realize the impact of what you were doing.
No, I didn't.
You knew the accounting.
I knew what I was looking at, but didn't realize that if you drop said pebble into the water, what happens?
And then when John Roth gets quoted in the newspaper that we're hurting his ability to raise capital...
And clients are canceling and, you know, employees are contacting us upset because of the things we're saying.
And it's like, I didn't mean to hurt anybody.
I'm just saying the truth.
Hence the name Veritas.
So let's link to what I think some of the linkages from the past.
So at the time you had Nortel and you had Cisco and you had Lucent and they were building out various components, parts of the internet.
And what they would do was they needed customers.
Well, the customers needed to raise money because if you're going to build infrastructure, you're not going to generate cash flow for some time.