The Investor Behind Costco, Starbucks, and Blackstone | Tony James on The a16z Show

If you think about the development of a successful company, there's kind of an S-curve. It starts off small and entrepreneurial. Then there's this kind of escalation where you create a lot of value and a lot of size. >> People know Blackstone today, a trillion dollars in AUM. It did not look anything like that when you joined. >> Running an investment organization like Blackstone, I think you almost have to be a really good investor. If you're going to catch the signals early, they're never obvious. By the ...