KKR: An Inside View of Henry Kravis's PE Powerhouse

The transcript covers an interview with Henry Kravis, co-founder of KKR, discussing the firm's history, data insights from credit card transactions, long-term investment philosophy, and the culture and leadership style at KKR. Kravis emphasizes the importance of data in understanding consumer behavior and highlights the firm's commitment to long-term investments. The interview also explores the strong relationship between Kravis and his cousin George Roberts, which influences KKR's collaborative culture.

What was the initial capital with which KKR was started?

• $120,000,000

• $120,000

• $1,200,000

• $12,000

What unique advantage does KKR have through its ownership of First Data?

• Monopoly over grocery sales

• Access to global credit card transaction data

• Control over gas prices

• Exclusive rights to luxury goods

How does Henry Kravis view his investment strategy?

• Short-term gains

• Medium-term stability

• Immediate liquidity

• Long-term holding

What is the relationship between Henry Kravis and George Roberts?

• Business partners

• College roommates

• Cousins

• Childhood friends

What is emphasized as a key aspect of KKR's internal culture?

• Competitive spirit

• Openness and honesty

• Strict hierarchy

• Focus on individual achievements