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a word from his first partner

Marc Deschenaux deserves the praise of his teacher Tom March but as always, the best students go
further than their masters. Marc has his own thoughts and actions which follow from his
apprenticeship in IPOs.

It is often said to be an expert one needs to invest 10,000 hours before they can claim the title. Marc
is an expert in so many things he must be nearly 100 years old. There are few people who have a
grasp of how society and the economy work together, and it needs a person with multiple expertise’s
to behave within that understanding.

It is commonly agreed that Humanity has reached adulthood meaning we now are responsible for
ourselves and our planet. Marc intuitively knows this and understands the engine of society is the
economy, but he goes further behaving as the engine is the wrong metaphor as society, the economy
and all other aspects of the planet are alive.

In a new way of looking at the economy the institutions and processes are not just in need of renewal
they are in need of constant change as are all living things.

Marc describes the current IPO institutions and processes in a way we can understand in the old
mode. However, with careful reading he is suggesting a movement into a new mode.

In the economy as it is there are other deep-seated issues among them are the fundaments of dealing
with Intellectual property and knowledge of the space as a whole.

If you review his CV, you will note he has actions in both of these areas.

Marc is beginning to show his many areas of expertise and we hope his first book will be a success
in showing that IPOs are the way to make sure new knowledge is brought to the benefit of society.

There must surely be further gems from this fertile mind.
Mike Horner
Founder of Company X,
First Partner of Deschenaux & Partners,
Advisor to Marc Deschenaux

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