Disclosure certainty 4/5 debate potential 1/5

Vista offers AI nanodegrees to all portfolio company employees

Robert F. Smith · Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202) · Jul 5, 2021 · at 40:16

Robert F. Smith, Founder and CEO of Vista Equity Partners, explains Vista University's distance learning and executive education offerings.

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“One of the few organizations that anyone in the companies can actually take in nanodegrees and artificial intelligence through our Vista University construct.”

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More from Robert F. Smith

Disclosure
Vista portfolio companies deliver average customer ROI exceeding 600%
“And today, the average ROI, return on investment, of the products that we sell to our customers, so this is the customer's benefit, is over 600%.”
Robert F. Smith Jul 5, 2021 ▶ 11:40 Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202)
Opinion
Traditional 10-year private equity fund lifecycles misfit enterprise software durability
“The construct of our industry is one of invest over five years, return over that next five, and so that's kind of, it was built 30 years ago. I don't think that model really applies specifically to enterprise software.”
Robert F. Smith Jul 5, 2021 ▶ 34:14 Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202)
Assertion Not checkable as stated
Major Asian economies currently lack defined enterprise software industry layers
“Four of the largest economies in the world actually don't have defined enterprise software layers. That's China. It's Japan. It is India and the Asian Peninsula. They don't have defined enterprise software. They have some enterprise software companies, or ente…”
Robert F. Smith Jul 5, 2021 ▶ 55:52 Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202)
Opinion
Vista has likely executed more cloud migrations than any global institution
“And so I think we've done more of those migrations than probably any institution on the planet today.”
Robert F. Smith Jul 5, 2021 ▶ 19:29 Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202)
Disclosure
Vista's operational reputation yields proprietary, off-market enterprise software deals
“And so that leads to a really interesting deal dynamic for us, which is we get a number of deals that no one ever sees. Because executives will come to us and say, hey, I saw what you did with Jamf, and Ping, and et cetera, and just spectacular performance.”
Robert F. Smith Jul 5, 2021 ▶ 25:55 Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202)
Assertion Not checkable as stated
Vista provided zero rescue financing across 68 portfolio companies during COVID-19
“During the pandemic, we had 68 portfolio companies. We didn't have to provide one dollar of rescue financing.”
Robert F. Smith Jul 5, 2021 ▶ 29:47 Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202)
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