William Saito is not just any other ordinary man, but instead, he is a big name in the realm of technology. He came into the limelight in tech after successfully inventing and designing software with nothing but minimal skills from his dormitory in the University of California Riversdale. The software he created was so good that in 2000, Microsoft purchased its ownership thus setting him up for success. This purchase turned him into a respectable and also one of the most sought out persons in the technology sector.
Since then, he has gone on to invest in over twenty-five startups, thus enriching the tech sector with even more brilliant minds. Being still an influential person in the world of tech, William is a professor at his previous school and also at the UCLA Anderson School of management. This point is driven home by the fact that he now acts as an advisor to prominent bodies such as Pricewaterhouse Coopers and the World Economic Forum.
During a recent interview, William Saito brought people into the light by answering various questions regarding tech and also regarding himself. For instance, if he were to advise someone starting, William would tell them that the best way to learn and even succeed in the tech industry is by trying out, failing and trying again. He believes that startups that are established when the financial conditions are not favorable have a high chance of gaining exponential success. That’s because; there is restricted access to funds, thereby forcing the owners to maximize on their budget while pitching for investors. He, however, goes on to add that any startup looking for investors should keep in mind that in business, there are peaks and valleys, and it’s only those who master the art of honing in on their fiscal responsibilities can survive the valleys.
Diversity, Ability, and Collaboration
Even though he considers various factors while investing in a startup, William Saito profoundly believes whether a startup has had failures, and how it handled them and if not, he considers its ability and preparedness to manage the downs that it might experience in future. Besides failures, Saito also acknowledges whether there is a chance for a collaboration happening in future. Additionally, he believes in the diversity of the team. He supposes that a startup made up of different genders, sexes and ages expand the scope of what it knows, and thus increasing the chances of growth.