Speaker unverified: belief

Transcript context

…You don't do growth-stage investing, but you guys did Dropbox. You come to the table and you say, I want to do this. I want to go explore this area, I want to go work with this person, and you just figure it out. It's not always straightforward because people have their own constraints. You're trying to fit their own model of how they can engage with you, so you just figure it out. None of that should violate the authenticity of what we do and how we interact with people. I think that's the biggest thing that we have to be protective of, and that is what we're protective of, and the relationship we all have and how we work together as a team, we preserve that more than anything else. The fees are to be used for exactly those kinds of experiments and those types of trials. You can do anything you want with that. I think this is the longest discussion we've had on the idea of the principal program. We're here to provide value for you guys.…

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