Andrew Sugrue - Investing in Paradigm Shifts - [Invest Like the Best, EP. 224]

<p><span style="font-weight: 400;">My guest today is Andrew Sugrue, co-founder, and partner at Avenir Growth Capital. Avenir is a growth equity firm focused on backing category-defining businesses. In our conversation, we cover Andrew’s investing career, what he learned from Julian Robertson, how counter-positioning could drive unique distribution, and the difference between good and bad growth. We also spend time examining the business model of two of Andrew’s portfolio businesses, SavageXFenty and Latch. There are so many great lessons for investors and operators to take away from Andrew. Please enjoy my conversation with Andrew Sugrue.</span></p> <p> </p> <p><span style="font-weight: 400;">For the full show notes, transcript, and links to mentioned content, check out the episode page</span> <a href= "https://www.joincolossus.com/episodes/11872618/sugrue-investing-in-paradigm-shifts"> <span style="font-weight: 400;">here</span></a><span style= "font-weight: 400;">.</span></p> <p><strong>------</strong></p> <p><strong>This episode is brought to you by</strong> <a href= "https://canalyst.com/?utm_source=Invest_Like_The_Best&utm_medium=Sponsored_Content&utm_campaign=Show_Notes&utm_term=April_2021&utm_content=April_13"> <strong>Canalyst</strong></a><strong>. Canalyst is the leading destination for public company data and analysis. If you've been scrambling to keep up with the deluge of IPOs and SPACs these days, Canalyst has models on Coinbase, Roblox, Qualtrics, and everything in between. Learn more and try Canalyst for yourself at</strong> <a href= "https://canalyst.com/patrick/"><strong>canalyst.com/patrick</strong></a><strong>.</strong></p> <p><strong>------</strong></p> <p><strong>This episode is brought to you by MIT Investment Management Company – MITIMCo, the endowment office of MIT. MITIMCo seeks to find people who are focused on achieving exceptional long-term investment returns, partner with these firms early, and stick around for the very long term. </strong></p> <p> </p> <p><strong>MITIMCo is also sear