Feld said as investors he and his partners try to have very open minds about what comes their way - but insist they are not predictors.
“The world ‘wearables’ didn’t exists when we invested in Fitbit,” he said, noting he was mocked at the time for putting money into a “digital pedometer company”.
“What appealed to me about Fitbit is something that appeals to me about many of the companies we invest in, which is the founders were completely and totally obsessed with the thing they were working on.”
He also touched on how technology will change the world in the future. Watch the video above to learn more.
Felicia Trewin is Head of Strategy & Business Optimisation, Corporate & Commercial Banking, ANZ Australia