Nick Beim

Thoughts on the Economics of Innovation

Hats Off to went public yesterday on the NYSE, a little over seven years after the company was founded, and ended up with a value of about $720 million. It was a great achievement for Sheila Marcelo, the founder and CEO, the management team and all the employees. I invested in the company when it was just Sheila and have worked closely with the team since the very early days. It was fun being with them on their big day, and I wish them a very big congratulations.


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