David Rosenthal: observation

Transcript context

…That's true. That's very fair. Especially getting to the stage that they eventually got to being the trusted partner to governments around the free world, that requires being a public company. It's funny. This playbook theme, this was a moment in time and a set of factors where this worked. I guess the lesson is find an industry in its infancy, be capital-efficient, and run the table. That has unique economic conditions that have never existed before to create these magical businesses you could never fathom before this new technology thing existed? It's an impossible thing to wish for. It may never happen again. We may never get another Google either.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.