Phoebe Yang

I'm looking right now at my McKinsey valuation book.

I learned how to value companies.

And I remember my boss one day coming by my office and it was late.

He left every day at 5.

It was 7 and I would stay till 11.

He said, why are you still here?

And I said, because I'm learning this stuff.

And he said, you don't have to do this.

I said, yeah, but that's why I took this job is to learn it.

But in that process, I really learned at least the financial labors of successful and unsuccessful businesses.

But I wanted to operate too.

And so while I was there, I ended up being asked to help turn around a business before we became public.

It was Discovery Health, which is at the time Dr. Oz.

At the same time, things were starting to disrupt the media industry.

The media industry was the first to really be disrupted and impacted by digital forces.

And we had a fledgling business unit called the New Media Business Unit.

And I raised my hand and I went to go be the operator in that business unit.

And I was a VP so I could sign for the company.

But I wasn't senior enough to win in any internal jockeying that was happening around which deals you got to do.

And so everybody was jockeying for the big deals with Comcast and DirecTV.