Neil Mehta

Now, I'm going to come to business models in a second, but if you believe what Green Oaks believes, which is, I don't know, there's been 100 billion people on earth that have lived and something between the number of 10,000 to 100,000 have affected the technological progress of humankind.

Now, I'm going to come to business models in a second, but if you believe what Green Oaks believes, which is, I don't know, there's been 100 billion people on earth that have lived and something between the number of 10,000 to 100,000 have affected the technological progress of humankind.

Our job at Green Oaks is to find a few hundred more that could join the pantheon of great humans that have driven humanity forward. Then we're squarely focused on that first. I think that where we could generate alpha, where we're sometimes differentially great partners, is by having a deep understanding of the business model.

Our job at Green Oaks is to find a few hundred more that could join the pantheon of great humans that have driven humanity forward. Then we're squarely focused on that first. I think that where we could generate alpha, where we're sometimes differentially great partners, is by having a deep understanding of the business model.

So in the case of Coupon, in the case of most of the businesses we invested, we made multiple rounds in. It's never up and to the right. Oftentimes in internet and technology, good businesses are hidden in bad P&Ls. Not everything works right away, but things are going really fast. And people sometimes think Green Oaks is looking for momentum or forward progress.

So in the case of Coupon, in the case of most of the businesses we invested, we made multiple rounds in. It's never up and to the right. Oftentimes in internet and technology, good businesses are hidden in bad P&Ls. Not everything works right away, but things are going really fast. And people sometimes think Green Oaks is looking for momentum or forward progress.

Actually, we're happy with volatility. It's kind of counterintuitive. Volatility is something like we're very open to. And we're open to it because when there's moments of high volatility, it's a lot harder to understand what's happening to a business, what's happening to a market. And so we will follow great founders into their businesses.

Actually, we're happy with volatility. It's kind of counterintuitive. Volatility is something like we're very open to. And we're open to it because when there's moments of high volatility, it's a lot harder to understand what's happening to a business, what's happening to a market. And so we will follow great founders into their businesses.

And there'll be moments where the businesses do not feel all that great. There's been, I think without exception, most of the businesses we've been invested in for more than five years have gone through a rough patch or two where the fundamental premise of the business and the quality of the business is being questioned.

And there'll be moments where the businesses do not feel all that great. There's been, I think without exception, most of the businesses we've been invested in for more than five years have gone through a rough patch or two where the fundamental premise of the business and the quality of the business is being questioned.

And I think if you could see through it, sometimes that's right to be questioned. We were wrong. But every once in a while, you could sort of see through that and see the other side that this is just one step along the way of building a great business.

And I think if you could see through it, sometimes that's right to be questioned. We were wrong. But every once in a while, you could sort of see through that and see the other side that this is just one step along the way of building a great business.

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.