We often talk to our portfolio CEOs about the importance of accountability and transparency. We apply the same standards to ourselves.
We recently completed our first annual survey of our fund investors. We asked the mundane: do they like the frequency of our communications? And we asked the most fundamental: do they have confidence that the investing partners (Will, Dave, Sri) will achieve the long term objectives of the fund?
About half of our investors responded to the survey, making the results statistically relevant and predictive of how all of them feel.