When looking at business opportunities, investors nearly always put their money on a team, not an individual or an idea.
It’s true that when you think of great businesses, it’s usually a charismatic leader that stands out. Think of GE(GE_) and you think of Jack Welch; think of Microsoft(MSFT_) and Bill Gates probably comes to mind; and think of Apple(AAPL_) and it’s surely Steve Jobs that pops up, pacing the stage in a black turtleneck.
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