A Quote by Warren Buffett
We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.
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There was a time when I was wondering about this business of going public, so I visited about a half-dozen companies in the Boston area, all of them formed by MIT faculty and all had gone public.
Many people, companies, and organizations are trying to protect the past at any cost. We see this regularly in business as the incumbent vs. innovator fight, but I think it's more profound than that. It's literally a difference in point of view.
People actually aren't moving on from companies much more quickly than in the past, but there's a perception that they do, so companies are investing less in talent on the assumption that young employees won't stay long.
If you think about companies that were built in Silicon Valley, a lot of them early on were chip companies. And now the companies that are there, like Apple, are much more successful than any of the chip companies were.
Your whole past is like a long sleep which would have been forgotten had there been no memory, but remembrance is there in the blood and the blood is like an ocean in which everything is washed away but that which is new and more substantial even than life - reality.
When I started in the business in 1999 and 2000, we had companies that were going public in two, three or four years.
I'm supposed to be on top of a lot of people who are past me, but their business is better than my business. It ain't the raps.
We're inseparable, games and I. If you cut me, I'd bleed pixels. Or blood. Probably blood, come to think of it.
Around us I can sniff out a savagery in the noisy southern air. It knifes it's way into my nose, but I do not bleed blood. It's fear I bleed, and it gushes out over my lip. I wipe it away, in a hurry.
... between government, business, and the public, there is a triangular community of interest. Clearly, it is in business' interest to shape its behavior to prevailing public values; it is more efficient to do so than not to do so. It is also clear that government is the high-cost alternative through which public values are imposed on corporations that do not accurately perceive these values.
You have to be realistic in the use of blood in the movies. There is a little bit more than a gallon in a human being. If you have a few thousand people, that makes a lot of blood. I'm very realistic in my use of blood.
But give up my business? The same business I'd built from the ground up with my own two hands and designer Louis Vuittons? The same business for which I'd sacrificed blood, sweat, and tears? Well, maybe not sweat and tears, but there was blood. Lots of blood. Give it up? Not likely. Besides, what else would I do? I totally should've gone to Hogwarts when I had the chance.
The reason I grew so fast in the supermarket business, without help of the banks in those days, was through my vendors. I convinced my vendors, the companies I was doing business with, if I did more business, they would do more business.
What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
I've had a lot of friends in the business that got out earlier than normal. They tell me they got out too early and that I should make sure I've got all I want before I step aside. When I do get out, there are other things that I want to do with my life.
Actually, I had a lot of good people with me - my mother's sister did a lot of taking care of me, and I suppose I got more attention than my stepbrothers because at least I got to travel with my parents.
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