Making a company fit to sell may be the only way to ensure you never need a buyer.
I have spent my career making a difference with underperforming assets.
Private equity firms working closely with venture capitalists and technologists may be able to unlock assets that others have not leveraged and build technology cultures to iterate on solutions that make these assets more productive.
True effectiveness is a function of two things: what is produced (the golden eggs) and the producing asset (the goose).
We try to create a situation where we're the casino. It's like how an actuary would set insurance rates. Predictability, predictability, predictability. What's the path to least risk? What's the greater chance of getting some return on this asset?
We want these assets to be productive. We buy them. We own them. To say we care only about the short term is wrong. What I care about is seeing these assets in the best hands
I think that we're trying to look at all of our assets and figure out what's the best use and where we need to make investments in infrastructure to enable the projects that we want.
Utilities fall in love with their assets, and that's a danger we need to avoid.
