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Helping Growth Companies Avoid Young Firms' Common Mistakes

Jonathan Korngold of PE firm General Atlantic discusses his firm's preference for minority stakes in growth companies.

Jonathan Korngold of PE firm General Atlantic discusses his firm's preference for minority stakes in growth companies. Regarding today's environment, Korngold thinks U.S. stocks are showing a positive response to Donald Trump's election because he's expected to be oriented toward economic stimulus and lower tax rates and is naming good people to economic posts. One risk not factored in yet, he thinks, is the instability that could result if Trump pulls the U.S. out of treaties like TPP or NATO.