Robert Smith on private equity
From Ep43: Robert F. Smith on How to Build A Culture of Success · · SPGlobalRatings
“We own, uh, 87 software companies or so, and we test and measure, uh, the productivity of the return on investment of the products that we sell, uh, to our customers.”
On , Robert Smith, Executive Vice President of Marine Systems at General Dynamics Corp, spoke about private equity during Ep43: Robert F. Smith on How to Build A Culture of Success on SPGlobalRatings.
About Robert Smith
In a January 2024 podcast appearance, Robert F. Smith discussed the culture and strategy of Vista Equity Partners, the firm he founded and leads. He described the firm's approach as rooted in an "engineering mindset," focused on building processes to refine their market approach. Smith noted that Vista owns approximately 87 software companies and measures the return on investment of its products, citing one product with a return of over 640%. He also discussed the impact of generative AI, stating that it will create a "catalytic event" in enterprise software, enabling faster product enhancements and productivity gains of 10 to 35% through tools like code assist. Smith also spoke about his background, noting that his parents were educators in Colorado's public school system. He reflected on his involvement in directing capital to Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) during the early part of the COVID-19 pandemic, stating that this effort helped those communities digitize their infrastructures and create long-lasting economic opportunity.