Boehly: J.H. Whitney turned a $2M Kana investment into $170M
Todd Boehly · Todd Boehly - The Next Berkshire Hathaway at Eldridge (Capital Allocators, EP. 223) · Nov 22, 2021 · at 6:01
Todd Boehly explains how J.H. Whitney's venture-style return on Kana Communications shifted the firm's fund strategy during the dot-com boom.
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“They started at a mid-market buyout shop, and remember they made that investment in Kana Communications, and they put two million dollars into Kana and it became a 170.”
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