Gassner: Cash-generating businesses always retain value while unprofitable ones eventually reach zero
Peter Gassner · Capital-Efficient Growth (with Zoom CEO Eric Yuan & Veeva CEO Peter Gassner) · Acquired · May 19, 2022 · at 14:03
Veeva Systems CEO Peter Gassner explains the foundational philosophy behind capital efficiency to Acquired hosts Ben Gilbert and David Rosenthal at the Emergence Capital CEO Summit.
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“Cash generating business is always going to be valuable to somebody. At some point, a business that's not cash generating is going to be valuable to nobody, right? You might be able to sell it before it becomes It, you know, not valuable, but you can only, there's only, there's security in long term you know, so it starts with a mindset.”
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