Rubenstein: Carlyle sold Amazon at IPO and passed on Facebook and Netscape
David Rubenstein · Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203) · Jul 12, 2021 · at 1:00:47
David Rubenstein, co-founder of private equity firm Carlyle Group, discusses his biggest investment regrets with host Ted Seides.
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“Well, the mistakes that I made and not pursuing Mark Zuckerberg when he was at Harvard, when my now son-in-law was prepared to introduce me to him, or when we kind of sold our stake in Amazon at the IPO. And then also a young man showed up in our office one time with a crazy idea that he was going to help navigate the internet in an easy way. And we didn't know what the internet was. And that was of course, Mark Andreessen and Jim Clark. And we told him that they didn't know what they were doing. I wish I had done those deals.”
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