Winston Weinberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it's not incredibly difficult to do that.
Whereas if you're a newcomer and you just come into a company, you don't have that.
And so you're starting from zero and you have 10 years of context that you have to somehow absorb, right?
And so my point in answering that way is you just have a very good pulse on the company and you can tell, oh, if I would have made this change about six months ago,
This would have moved these things forward.
And this problem about hiring the senior exec wouldn't have existed.
And I waited a little bit too long to do that.
Right.
You just have a sense for it.
One of them was super early on.
We thought we basically thought that there was going to be a way to like one shot ourselves into like building the company instead of doing it the hard way.
And the way we this was like early 2024.
So about like a year and a half into the company, a little bit less.
The idea was basically we were going to buy this company that ended up, it was 10 times bigger than us, people-wise.
And about the same, like we were trying to buy the company for the same, a little bit higher valuation than we were valued at.
We tried to buy it.
We kind of like signed actually the deal before we had the money.
So like what old private equity funds used to do, right?
Like KKR used to do this all the time where they'd basically like sign the deal for the leverage buyout and then they'd go raise the money.
It was a very common thing they used to do.