Leffell: 10 East refuses investments in China, Latin America, and Russia
Michael Leffell · Michael Leffell – Opening Doors to Niche Private Opportunities at 10 East (EP.373) · Mar 11, 2024 · at 41:29
Michael Leffell details the geographic boundaries and jurisdictional criteria for 10 East's private market co-investments.
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“We're not going to invest in China. We're not going to invest in the Far East. Not going to go to Latin America. Certainly not Russia. We will only invest in places where the rule of law is recognized.”
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“And the governor had insinuated his staff into the process and was very engaged in what we were doing and insisted that the entire board change after bankruptcy.”
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“The other big coaching thing here is never rush. When somebody is rushing you to make a decision, back then it was enough to say I'm not doing it, and to this day I won't do it. If somebody's rushing me that you have to act now on a new idea, say what was tomo…”