Business
Robert F. Smith shares importance of internships across 85 portfolio companies growth, long-term success
Billionaire investor, Robert F. Smith, shared how he achieves company growth and long-term success on Thursday at the 2022 Inc. 5000 Conference & Gala in Phoenix, Arizona.
Smith, founder of private equity firm, Vista Equity Partners, employs 95,000 workers across its 85 portfolio companies, according to Inc. 5000.
In a conference discussion with CEO Stephanie Mehta of Manseto Ventures, Smith stated the most important thing an organization can do is to start an internship program that can bring underrepresented people into the workforce.
As for his company, Vista Equity Partners, Inc. 5000, Smith and his team are reportedly responsible for hiring between 5,000 and 15,000 employees per year across its software business portfolios. The company’s effort has resulted in a solid infrastructure that is dedicated to recruiting and developing talent from top to bottom.