Phil Shawe, the billionaire cofounder of TransPerfect, told Business Insider what he looks for in an investment. Phil Shawe, the billionaire cofounder of TransPerfect, told Business Insider what he looks for in an investment. Two Elk StudiosPhil Shawe, the billionaire cofounder of TransPerfect, told Business Insider what he looks for in an investment. Two Elk StudiosThis story is available exclusively to Business Insider subscribers. This is an as-told-to essay based on a conversation with Phil Shawe, the cofounder and CEO of TransPerfect.