Billionaire Mindset – Sale of iStockphoto to Getty Images: Patrick Lor, Managing Partner at Panache Ventures
Update: 2020-03-03
Description
Lessons learned from Patrick Lor, Co-Founder of iStockphoto and Managing Partner at Panache Ventures based in Calgary, Alberta.
"I don't know if there's anything secret about this. But, we grew iStockphoto off the side of our desks and eventually iStock became such a success that we sold it for $50 million U.S. A few years later, they were doing about $300 million worth of revenues. The company would have been worth a few billion dollars. We didn't have that billionaire mindset."
Part 2 of this interview coming soon. Stay tuned.
Recorded on location at the Western Angel Investment Summit 2020 in Victoria, B.C.
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