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Winston Weinberg

๐Ÿ‘ค Speaker
1528 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

And it's not incredibly difficult to do that.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

Whereas if you're a newcomer and you just come into a company, you don't have that.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

And so you're starting from zero and you have 10 years of context that you have to somehow absorb, right?

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

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,

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

This would have moved these things forward.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

And this problem about hiring the senior exec wouldn't have existed.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

And I waited a little bit too long to do that.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

Right.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

You just have a sense for it.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

One of them was super early on.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

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.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

And the way we this was like early 2024.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

So about like a year and a half into the company, a little bit less.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

The idea was basically we were going to buy this company that ended up, it was 10 times bigger than us, people-wise.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

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.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

We tried to buy it.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

We kind of like signed actually the deal before we had the money.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

So like what old private equity funds used to do, right?

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

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.

The Knowledge Project
Winston Weinberg: Speed, Stress, and Better Decisions

It was a very common thing they used to do.