Key Take-Away #2: “Have a global focus”
Came across this on Northzone Ventures website: “Key Take-Aways from Past Mistakes” (Hat Tip: alarm:clock euro).
I liked the second point:
“Have a global focus. Niche companies with a domestic or regional approach very seldom become very valuable (with a few notable exceptions!).”
Cannot agree more…one of our *star* investments was CSR which has been focused on global markets from day one…even today, the bulk of their revenues continue to come from outside Europe.
