The last company visit of the Business Week 2015 was at Wells Fargo. We were explained that there are two main ways to measure the success of a bank: its assets or its market capitalization. As Europeans, only a few of us have heard of Wells Fargo before. However, Wells Fargo is the largest bank in the world measured by market capitalization. But there are only a few Wells branches in Europe: they are mostly settled in the US and in Pacific Asia.
Daily Archives: February 14, 2015
Tony Liebo, Wells Fargo, Seattle, talks to GEM & SFU students about finance during Innovation Business Week
We had the pleasure meet at lunch time Bert Tong who has many experiences in entrepreneurship. Indeed, he launched Crate Away, a storage start-up which failed one year ago. He came to share with us his experience and explain us how he overcame this failure. The key lesson of this meeting is that relationships between co-founders matter the most. He insisted on the need of complementarity between members of a team. Being a successful entrepreneur is not only about having a good idea but about having reliable and trustworthy relationships. The network is at stake above all.