Transcript
Introduction
Rick
Our teacher today may well be the greatest investor you've probably never heard of. Her name is Jacqueline Morby, and for anyone who invests in software or participates in the now nearly trillion dollar global growth equity industry, chances are Jacqui helped to shape and give rise to the professional world you inhabit. In 1978, at the age of 40 and with her only professional experience to date being a few years of substitute teaching, Jacqui joined TA Associates, then the largest venture capital firm in the world.
Within just a few years, she would revolutionize her industry, effectively originating the concept of cold calling profitable bootstrap technology companies not actively looking for funding. While the concept seems so simple, this truly was a radical innovation, in effect pioneering the art of looking for talented people and companies that don't necessarily want to be found. And it sparked a movement that created what we now know today as growth equity.