Eric Berman
๐ค SpeakerAppearances Over Time
Podcast Appearances
Salary paid myself.
You know, I tell people it's a lot harder to lose money that is real dollars in the bank account than a piece of paper that you never actually had.
I mean, you never saw the dollar.
So, you know, and I was in my 20s and it was, you know, coming from nothing to having a great ride.
All you can do is focus on the positive and take the learnings from it.
I can't sit around and cry about it.
I had way more experience than a lot of people my age, so I was pretty proud of that.
You sort of just shake off the cobwebs, stand up and move on and go to the next project.
I was 28, so I started at 21, so I was 28 when it came crashing down.
So I started doing some consulting and well, first we actually tried to buy it out of bankruptcy and that failed.
Oh, it was crazy.
It was value.
We were going to be going out at a half a billion at the IPO and I think it ended up selling for about 25 million through one of the competitors that we were going to buy.
They bought us and then one of the guys we were going to buy it out of bankruptcy, we were down to the wire and all of a sudden his wife has a stroke.
Literally, this was the sign that said, forget it.
This is happening.
We're done.
So to answer your other question, we started just consulting.
I actually did a fun project with Club Med and created a kind of a social media platform for Club Med and did some social networking with them.
That was a fun experience.