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Alex Behring

๐Ÿ‘ค Speaker
419 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

To which he answered, no.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

can't.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

I mean, what else do you say?

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

And I hanged up and I called him, said, how did it go?

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

I said, well, not so well, kind of short.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

And then we did some more work and made improvements to our offer.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

And then we send it to him, revise it, offer to them in the hopes that that would be enticing.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

And then we were prepared again to sit and wait for an extended period of time.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

only to be surprised and get a response back in hours or two.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

I think I want to say less than a day.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

Saying thank you for your offer.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

We are not prepared to move forward.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

And we wish you, again, the best of luck with your future endeavors.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

So now we're really scrambling and trying to find every possible way of engaging in the dialogue and figuring out what is it that we had to do, if anything.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

to get a conversation going.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

Then ultimately we found ways by means of which we're able to meet with him and his chief financial officer and was able to then drag down with me again and engage into a conversation and gain some insight in terms of what is it exactly that we would need to do to get this companies together.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

And then after some time in that conversation, we were able to have a revised offer that they thought was then enticing enough.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

We then moved on to the usual drafting and legal and due diligence phase of it, only to receive a call on a Sunday afternoon saying,

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

From the Wall Street Journal saying, listen, we know you guys are about to announce a deal.

Invest Like the Best with Patrick O'Shaughnessy
Alex Behring and Daniel Schwartz - Inside 3G Capital - [Invest Like the Best, EP.458]

We're going to go live with it.