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Irv Grossbeck

πŸ‘€ Speaker
See mentions of this person in podcasts
420 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Kevin said, well, sure, go ahead.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And I said, well, if I'm going to do that, I'm going to drag my friend Dick Floor, who's just an unbelievable individual.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

I want to go out there with him.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Because one of my great talents is getting out of the way of smart people.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And I knew that if I were out there with Dick Floor, that I wouldn't have to talk too much.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Dick Flohr and Bill Egan are both alums of the same college.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Dick Flohr went to Harvard Law School.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

He was a partner of Sullivan and Wooster in Boston.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And he had one of the best minds of anybody I've ever come across.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

He was absolutely brilliant.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Yet he was the most pleasant, self-effacing, practical, easygoing person in the world.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

So Dick and I went out to Kansas City, and we made an appointment with the fellow who was head of the parent company of Lachlein.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And Dick proceeded to charm this person, absolutely charm him.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

It turns out the person who was the CEO was a Horton graduate.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Dick knew a bunch of people from Horton.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

Dick found ways to establish connections with him.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And he started out grumpy and ended up smiling.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And I think that might have been the first time he'd smiled in quite some time.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

And that began a process which resulted a few months later in this person agreeing to a deal in principle, not fully signed, but to a term sheet, as I recall, which was attractive.

Invest Like the Best with Patrick O'Shaughnessy
Asurion: 50X Season Two - (50X, S2)

for Asurion and I had sort of picked up the ball from that first meeting and started working with the guy along with Dick and we were trying to work on general terms and I would check with Kevin and then I would talk to this guy.