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One of the biggest shifts that we've been focused on is the shift from offline to online media. We have several investments taking advantage of this trend.
There's a greater comfort with the democratic and capitalist system of India than with China. Although both are vibrant entrepreneurial economies.
Growth equity is quite different from other flavors of private equity. In our industry, on one end of the spectrum, there are the global buyout firms that buy a controlling interest in companies by using leverage and they typically focus on operational efficiency.
I think we’re in the early stages of the private market revaluation. It will take on the order of six to 12 months to really take hold.
Taxes are going up, under almost any administration. I'm not averse to it because I believe that we've got to get our fiscal house in order and our economy back on track . . . I think those most able to pay the higher tax ought to probably pay a larger share.