Will Schroter
👤 SpeakerAppearances Over Time
Podcast Appearances
I can't even remember anymore.
This is a public record.
It sold for a little over $300 million in cash.
In 2002.
Yeah, which is about 2x our top line of real bookings.
Real bookings being like the project-based bookings.
So it was a great outcome.
I can't, unfortunately.
That's all sealed.
But let me give you the insight that I can give you.
Number one,
What gave me incentive from that point on wasn't having some cash.
I know a lot of people believe that.
But I think there's a lot missing that a lot of folks don't understand.
There's two versions of having cash.
One version is having enough that you feel safe.
If shit hits the fan, you can absorb that.
And I think that's not nearly as much money as people think it is, but it's helpful to have.
The second is the kind of money where you can just place bets.
and be okay if you lose.