03.16.06
Persistence and Luck
Feb was a big month for my old Cisco investment portfolio. 2 of my 2001 investments were acquired last month, making very nice returns for Cisco. In essence, out of my 4 investments made in 2000 – 2001, 3 out of 4 have been acquired at a high premium. I could do very well if I invested through my own fund…Looking back on some of these investments, I think a lot of the success factors come down to really know the technology and market, but more importantly is to really know the entrepreneurs you invest in and have the courage to stick with your conviction. Of course, having a little luck on the side helps a great deal 
