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2min chapter
Nike
Acquired
The Importance of Humility in an IPO
Bob Woodell, who would become Nike's first president other than Phil when Phil takes a sabbatical later in the eighties. He was also a bowerman runner, had a terrible accident in college and was confined to a wheelchair for the rest of his life. Bob is this amazing story. But he doesn't come from wealth and his family loans three or $5,000 to blue ribbon,. It's like a huge amount of the family's net worth. And so that's not going to sell shares in your company. Yeah. So what I've never been able to figure out is did he change it to sports tech, Inc., and then change it back to blue ribbon
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