Irv Grossbeck
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then he said, well, is Grosbeck going to be on the board?
And they said, yes.
And he said, I'm in.
That's what I heard.
I don't know if that's apocryphal or true.
I mean, anybody involved with Asurion has never touched their returns in any other thing they did, I'm fully confident.
So we're all in the same fortunate boat.
Well, first of all, the size.
I love smaller boards for small growing companies.
Why populate it with eight or 10 people when you can have five or so, plus the principals.
And it just is so much easier to manage and schedule and have discussions and
have impromptu conversations as needed and get things done.
And then secondly, when you look at those four individuals, they were all experienced in some respect.
David Dodson was the youngest, but he had bought a company and operated successfully.
It produced good returns and he had learned a lot about
on the ground operation of a company that was in the alarm business in Texas.
So he had operating skills.
Obviously, Joel Peterson is a highly accomplished person, as is Bill Egan.
Bob Oster had a lot of experience as well operating companies.
I think he was just beginning his record of investing in smaller enterprises, but he had a very practical turn of mind and was a no-nonsense person and said what he thought, and often it made a lot of sense.