Out of the many start-up companies created every day, only a few succeed, and only a handful emerge to dominate significant markets. True success depends primarily on management’s experience and expertise. The growth cycle to maturity for start-up companies is much longer than the corporate development cycle for established industries. Sophisticated planning and execution must come quickly. Companies with the ability to benefit from Western America’s experience and its growing corporate network will have a clear advantage in meeting this challenge. Western America remains aligned with their invested companies over the long term and desires liquidity but believes that greater wealth is created by establishing solid business relationships and strong business fundamentals.