Patrick O'Shaughnessy

Wonderful place to close.

Thanks so much for your time.

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Welcome to this classic episode.

Classics are my favorite episodes from the past 10 years, published once a month.

These are end-of-one conversations with end-of-one people.

This Business Breakdowns on Rolex is a longtime standout.

The founder of Hodinkee, Ben Clymer, was the perfect person to take us through the ins and outs of this legendary brand.

I hope you enjoy it.

This is Business Breakdowns.

Business Breakdowns is a series of conversations with investors and operators diving deep into a single business.

For each business, we explore its history, its business model, its competitive advantages and what makes it tick.

We believe every business has lessons and secrets that investors and operators can learn from, and we are here to bring them to you.

Here's a puzzle.

What do OpenAI, Cursor, Perplexity, Vercel, Plaid, and hundreds of other winning companies all have in common?

The answer is that they're powered by today's sponsor, WorkOS.

If you're building software for enterprises, you've probably felt the pain of integrating SSO, SCIM, RBAC, audit logs, and other features required by big customers.

WorkOS turns those deal blockers into drop-in APIs with a modern developer platform built specifically for B2B SaaS.