Neil Mehta

We invested a little bit under a billion in total capital across 10 years, led five V8 rounds. We invested almost every other year, if not every year in the company for 10 years until it went public. And then since it's gone public, we've

We invested a little bit under a billion in total capital across 10 years, led five V8 rounds. We invested almost every other year, if not every year in the company for 10 years until it went public. And then since it's gone public, we've

We're big believers in capitalism. The microphones we're in, the chairs we're in, the view outside, it's all built with capitalism. As far as I'm concerned, this has been the greatest invention humans have ever had. I believe it is our job to further our journey as humans within the framework of capitalism. When we started Green Oaks, we described ourselves as a growth.

We're big believers in capitalism. The microphones we're in, the chairs we're in, the view outside, it's all built with capitalism. As far as I'm concerned, this has been the greatest invention humans have ever had. I believe it is our job to further our journey as humans within the framework of capitalism. When we started Green Oaks, we described ourselves as a growth.

We actually never used the term growth. We just said we'd like to invest in great businesses that are going to be a meaningful part of the S&P 500. To this day, I still have a list of the S&P 500 companies on my desk.

We actually never used the term growth. We just said we'd like to invest in great businesses that are going to be a meaningful part of the S&P 500. To this day, I still have a list of the S&P 500 companies on my desk.

I start my list all the time, and I just try to figure out what companies are not on that list today and will be on that list tomorrow, and how to work tirelessly to become the single most important partner they have. To be honest with you, I've been surprised that people think there's other... large-scale ways to invest besides growth. I think this is by far the most interesting way to invest.

I start my list all the time, and I just try to figure out what companies are not on that list today and will be on that list tomorrow, and how to work tirelessly to become the single most important partner they have. To be honest with you, I've been surprised that people think there's other... large-scale ways to invest besides growth. I think this is by far the most interesting way to invest.

And a couple of reasons why. I mean, you could go back to the 60s and you could talk about companies like AMD and Intel that were around in the 60s. You could go to the 70s where you had Apple and Microsoft. You could go to the 80s where you had Dell, ASML. You could go to the 90s where you, of course, have Google, 2000s, you have Facebook. You

And a couple of reasons why. I mean, you could go back to the 60s and you could talk about companies like AMD and Intel that were around in the 60s. You could go to the 70s where you had Apple and Microsoft. You could go to the 80s where you had Dell, ASML. You could go to the 90s where you, of course, have Google, 2000s, you have Facebook. You

A small number of companies, I think 1% of the S&P 500 make up 90% of the value. And most of those were growth. All of those were really growth companies. They were companies that over the course of many decades, reappropriated free cash flow away from these legacy incumbents, moved it into their own purview and became a staple for how consumers enterprises work in the world.

A small number of companies, I think 1% of the S&P 500 make up 90% of the value. And most of those were growth. All of those were really growth companies. They were companies that over the course of many decades, reappropriated free cash flow away from these legacy incumbents, moved it into their own purview and became a staple for how consumers enterprises work in the world.

And to me, that is such an enjoyable way to spend your time, to find founders that are hell-bent on trying to create one of those S&P 500 companies that delight customers at scale. It's also the most rewarding financially. I think the companies that we invest in will capture a lion's share of new economic value in the world. Everything else is just a shell game around it.

And to me, that is such an enjoyable way to spend your time, to find founders that are hell-bent on trying to create one of those S&P 500 companies that delight customers at scale. It's also the most rewarding financially. I think the companies that we invest in will capture a lion's share of new economic value in the world. Everything else is just a shell game around it.

I have lots of friends that figure out what's happening quarterly with Netflix. It doesn't matter to me at all. I'm much more interested in figuring out, is Netflix a great compounder that is going to grow over 20, 30 years?

I have lots of friends that figure out what's happening quarterly with Netflix. It doesn't matter to me at all. I'm much more interested in figuring out, is Netflix a great compounder that is going to grow over 20, 30 years?

There's going to be a lot of people that disagree. Growth is an output, not an input. And growth for growth's sake makes no sense. But one of the unique things about our industry and about great companies, if you historically look at the growth rate of many great technology companies, they were very high for a long time.

There's going to be a lot of people that disagree. Growth is an output, not an input. And growth for growth's sake makes no sense. But one of the unique things about our industry and about great companies, if you historically look at the growth rate of many great technology companies, they were very high for a long time.

They had a lot of growth persistence as well, or growth endurance is another way to put it. The next year, was it in the 80s or 90% of the previous year? The best companies have extraordinarily high growth persistence or growth endurance. I am a believer. There's this meme that's come out, which is too high of growth, like destroys company. I think very high growth is very good for companies.

They had a lot of growth persistence as well, or growth endurance is another way to put it. The next year, was it in the 80s or 90% of the previous year? The best companies have extraordinarily high growth persistence or growth endurance. I am a believer. There's this meme that's come out, which is too high of growth, like destroys company. I think very high growth is very good for companies.