Vivek Ramaswamy
๐ค SpeakerAppearances Over Time
Podcast Appearances
You know what? That was like what a lot of my friends were close to me said, you might as well have just done it. Because that would have been perfectly legal and acceptable. Yeah. It might not have been what I felt like was the right thing to do. Dude, this happens all the time. It's insane. Having not done it, this will be the case.
You know what? That was like what a lot of my friends were close to me said, you might as well have just done it. Because that would have been perfectly legal and acceptable. Yeah. It might not have been what I felt like was the right thing to do. Dude, this happens all the time. It's insane. Having not done it, this will be the case.
You know what? That was like what a lot of my friends were close to me said, you might as well have just done it. Because that would have been perfectly legal and acceptable. Yeah. It might not have been what I felt like was the right thing to do. Dude, this happens all the time. It's insane. Having not done it, this will be the case.
And that's what most normal biotech CEOs could do, diversify a little bit or whatever. And so the thing they pick on is Roivant, which is the parent company, And just for completeness, Roivant, the parent company, was developing a bunch of these drugs. We did a financing at Roivant, the parent, where there was so much demand in one of our financings.
And that's what most normal biotech CEOs could do, diversify a little bit or whatever. And so the thing they pick on is Roivant, which is the parent company, And just for completeness, Roivant, the parent company, was developing a bunch of these drugs. We did a financing at Roivant, the parent, where there was so much demand in one of our financings.
And that's what most normal biotech CEOs could do, diversify a little bit or whatever. And so the thing they pick on is Roivant, which is the parent company, And just for completeness, Roivant, the parent company, was developing a bunch of these drugs. We did a financing at Roivant, the parent, where there was so much demand in one of our financings.
There was $500 million financing, but more investors wanted to put in money. The only way we were able to accommodate that capital was the investors in Roivant selling a certain number of shares in Roivant. I was to the order of about $30 million at that point in time. Those shares that I sold then are worth way more today than they were back then.
There was $500 million financing, but more investors wanted to put in money. The only way we were able to accommodate that capital was the investors in Roivant selling a certain number of shares in Roivant. I was to the order of about $30 million at that point in time. Those shares that I sold then are worth way more today than they were back then.
There was $500 million financing, but more investors wanted to put in money. The only way we were able to accommodate that capital was the investors in Roivant selling a certain number of shares in Roivant. I was to the order of about $30 million at that point in time. Those shares that I sold then are worth way more today than they were back then.
So I actually lost, you know, I actually lost financial value by doing it. But that's the hook of a totally different company that you sold shares in that people will say he made money off of an Alzheimer's failure, which is insane. I mean, it's just, it's an eye-opening lesson to how dirty American politics works. Yeah. But it's also a lesson for me to say, you know what?
So I actually lost, you know, I actually lost financial value by doing it. But that's the hook of a totally different company that you sold shares in that people will say he made money off of an Alzheimer's failure, which is insane. I mean, it's just, it's an eye-opening lesson to how dirty American politics works. Yeah. But it's also a lesson for me to say, you know what?
So I actually lost, you know, I actually lost financial value by doing it. But that's the hook of a totally different company that you sold shares in that people will say he made money off of an Alzheimer's failure, which is insane. I mean, it's just, it's an eye-opening lesson to how dirty American politics works. Yeah. But it's also a lesson for me to say, you know what?
I think you got to actually, people don't just want to know about your policies. Yeah. I think they want to understand the struggles you've been through. And I've sometimes been not as personally natural in talking about it. We don't vote for the policy.
I think you got to actually, people don't just want to know about your policies. Yeah. I think they want to understand the struggles you've been through. And I've sometimes been not as personally natural in talking about it. We don't vote for the policy.
I think you got to actually, people don't just want to know about your policies. Yeah. I think they want to understand the struggles you've been through. And I've sometimes been not as personally natural in talking about it. We don't vote for the policy.
Yeah, exactly.
Yeah, exactly.
Yeah, exactly.
And a lot of those, a lot of those experiences help shape me to who I am, to believe that, yeah, you're going to go through hardship from time to time. You get through that by actually, you know, mostly coming out stronger on the other side of it.
And a lot of those, a lot of those experiences help shape me to who I am, to believe that, yeah, you're going to go through hardship from time to time. You get through that by actually, you know, mostly coming out stronger on the other side of it.