2min chapter

Founders cover image

#290 Bill Gates

Founders

CHAPTER

Warren Buffett's Letter to Tiny Buffett

Warren Buffett writes a letter to the founder of tiny.com, asking if he would be interested in buying his business. Tiny says it's fine with either solution: stay or go. In this letter, Berkshire lists every single person we've ever bought a business from and invites you to check their performance versus our promises. If you should decide to do business with Berkshire, we would pay in cash. Your business would not be used as collateral for any loan by Berkshire. And finally, you would know exactly with whom you were dealing.

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