Entity Dossier
entity
Vosloo
Strategic Concepts & Mechanics
Signature MoveFire Me on 24 Hours' Notice
Signature MoveNo Salary, No Bonus — Only Ownership Upside
Risk DoctrineHigh Personal Risk as Selection Filter
Signature MoveRead the Wind Then Throw Caution to It
Signature MoveThink as Owner, Never as Employee
Cornerstone MoveOne Moonshot Bet Covers All the Misses
Capital StrategyWealth Converted to Legacy Assets
Operating PrincipleDiminishing Returns of Wealth
Cornerstone MoveBuild It, Prove It, Export the Model
Strategic PatternCEO as Listed-Company Venture Capitalist
Capital StrategyThree Percent of Value Created
Primary Evidence
"‘So I said, all right, I’ll come, but I don’t want a salary or a bonus or a car or a medical scheme or anything like that,’ Bekker told an interviewer later in life.8 The job on offer was Vosloo’s, as CEO of Naspers. The starting date was 1 October 1997."
Source:Koos Bekker's Billions
"‘So, we start on a certain day, and then there is a value, and then we measure it again after five years. And we say, if the value is only that, or only that plus inflation, then you take home nothing,’ went his conversation with Vosloo.16"
Source:Koos Bekker's Billions
"‘I don’t want a fixed package, and you can fire me on 24 hours’ notice,’ Bekker told Vosloo. But he added: ‘I want 3 per cent of the long-term value created above inflation.’11"
Source:Koos Bekker's Billions