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DRTTF - Lightsail Capital Management - DIRTT Environmental Solutions Ltd.
DIRTT Environmental Solutions Ltd.
The following segment was excerpted from thisfund letter.
DIRTT (DRTTF), which we first mentioned in our second quarter 2018 letter, is a construction technology company that was one of the holdings in Lightsail's portfolio when we launched. At the time of our investment, the company was at the beginning of a period of significant change in executive and board-level leadership. These changes were aimed at instilling a more disciplined management culture at DIRTT, where costs were spiraling and side projects with elusive payback were taking time and attention away from the core of