I mocked cloud computing. Then I built a 50 billion dollar cloud business. I am allowed to change my mind.
We've pivoted multiple times — genetic testing, COVID testing, cancer screening. Each time toward a bigger problem.
The Sawiris family has survived multiple governments. Adaptability is survival.
I sail competitively. Sailing teaches you to read conditions, adjust constantly, and commit to a direction. Investing is the same.
I have never invested in a business plan. I invest in people who will throw away the plan and build something better.
Change is the investor's only certainty.
The best CEOs I know are the ones who can change their minds when the facts change.
The business plan he presents in the beginning is always different from what the business finally evolves into.