Ann: Beamtree acquisition presentation, page-26

"What is a beautiful investment to you?"

A first-mover, globally-scaleable, market place company that clips the ticket on all participants in the market place it creates.

For example, let's say you came up with the idea to be, I dunno, say the AirBnB equivalent of the recreational vehicle market, first in Australia and then globally.

I think that kind of business idea has scope to become a beautiful investment.

Or maybe a data analytics and insights company that has the ability to somehow assimilate, and interpret in a meaningful way, the squa-juillions of bits of electronic data that get created every single day, and to then share those analytical insights - for a fee - with entities that value them.

Those sorts of business models I find immensely attractive.

(Ferret away....)

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