Gili Raanan

And when the investor ownership goes down significantly, it's hard to become the most important company in a portfolio when an investor owns 5% of their cap table. High prices, in my view, are double-edged swords for entrepreneurs at the early stage.

And when the investor ownership goes down significantly, it's hard to become the most important company in a portfolio when an investor owns 5% of their cap table. High prices, in my view, are double-edged swords for entrepreneurs at the early stage.

I believe that in any field where there's relatively uniformity of buyers, that's applicable. I would assume it's applicable for fintech, it's applicable for gaming, maybe even applicable for medical devices. But you need a fairly active ecosystem, not just from end users' perspective, but also from an M&A perspective. That's important as well, because not all your companies would go public.

I believe that in any field where there's relatively uniformity of buyers, that's applicable. I would assume it's applicable for fintech, it's applicable for gaming, maybe even applicable for medical devices. But you need a fairly active ecosystem, not just from end users' perspective, but also from an M&A perspective. That's important as well, because not all your companies would go public.

In the past 12 months, we've sold five portfolio companies at cumulative value of $2.5 billion. That's important as well.

In the past 12 months, we've sold five portfolio companies at cumulative value of $2.5 billion. That's important as well.

Achieving amazing returns has always been super hard. It would continue to be hard. But I believe that with everything said earlier about the perfect storm in cybersecurity, the introduction of AI and the way it's going to redefine cybersecurity, I believe that the opportunity is there. Obviously, the quality of the talent we see is always getting better.

Achieving amazing returns has always been super hard. It would continue to be hard. But I believe that with everything said earlier about the perfect storm in cybersecurity, the introduction of AI and the way it's going to redefine cybersecurity, I believe that the opportunity is there. Obviously, the quality of the talent we see is always getting better.

And that's what keeps me so optimistic, just to see the endless stream of smart, eager, hardworking young individuals who are determined to build the next solutions.

And that's what keeps me so optimistic, just to see the endless stream of smart, eager, hardworking young individuals who are determined to build the next solutions.

I always speak with founders about their superpowers. What do they perceive as their superpower? What makes them confident that they can win the game? When you speak with a founder, speak with an individual for a good hour, you've got a fairly good perspective of what you think is their superpower. And it's fascinating to listen to the way they perceive themselves.

I always speak with founders about their superpowers. What do they perceive as their superpower? What makes them confident that they can win the game? When you speak with a founder, speak with an individual for a good hour, you've got a fairly good perspective of what you think is their superpower. And it's fascinating to listen to the way they perceive themselves.

And I found out that some of the best founders are completely unaware to their superpowers. They are so natural in that they don't mean to use them. They are just so great at that. And a superpower can be anything. A superpower can be simply the type of person that people are dying to be their friend. You don't notice that. You think that that's a gift everyone has.

And I found out that some of the best founders are completely unaware to their superpowers. They are so natural in that they don't mean to use them. They are just so great at that. And a superpower can be anything. A superpower can be simply the type of person that people are dying to be their friend. You don't notice that. You think that that's a gift everyone has.

You don't realize that this is your gift and that what paved you the way to be successful. In many cases, the superpower they claim they have is not necessarily the real superpower they have, but it shows you the way they view their weaknesses. Because the superpower they are aware of, they pay attention to, they had to develop it. And they had to develop it in compensation for something else.

You don't realize that this is your gift and that what paved you the way to be successful. In many cases, the superpower they claim they have is not necessarily the real superpower they have, but it shows you the way they view their weaknesses. Because the superpower they are aware of, they pay attention to, they had to develop it. And they had to develop it in compensation for something else.

So that tells you a lot about the person ahead of you.

So that tells you a lot about the person ahead of you.

First of all, congratulations. You're a fast learner. That's great. Few things, but I would say, let's take self-confidence. It's one answer I would give. I'm sure this is something I've developed over time. I wasn't natural in that. It took time. And it was as compensation to a very insecure child that grew up in a small town

First of all, congratulations. You're a fast learner. That's great. Few things, but I would say, let's take self-confidence. It's one answer I would give. I'm sure this is something I've developed over time. I wasn't natural in that. It took time. And it was as compensation to a very insecure child that grew up in a small town