Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing
2072 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

And then after 2000, we started buying companies, not just builds.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

So 90s were all organic builds.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

And then 2000 was, let's acquire software companies as well.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

And that's the ESW chapter.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

ESW, and that's continued through it.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

And it's a private company down in Austin, generates lots of cash flow.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

It's why you can take a billion dollars and say, I'm going to go spend it on education.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

That is that history.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

So we've been doing it.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

And I guess, I don't know if I told this part already, which was three years ago, I went to my team who'd been with me for 25 years.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

And I was like, you've been telling me for 25 years that you could run this company better than me.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

Let's see.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

Good luck.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

I'm going to go be a principal.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

And by the way, I'm taking a billion dollars so I can figure out and get that going.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

So now I turned from boss to shareholder.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

Literally, I'm like the worst shareholder now in the world.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

I feel like if I was, I feel so sorry for him because I'm like, guys, I need all this capital.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

This expansion that McKinsey wants to do, it's going to take $300 million.

Invest Like the Best with Patrick O'Shaughnessy
Joe Liemandt  - Building Alpha School, and The Future of Education - [Invest Like the Best, EP.439]

So she has to raise money or we're going to have to give it to her.