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Sonic: Cliff Hudson

Wisdom From The Top with Guy Raz

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How Did Steve Lynn Rebuild the Management Team?

There was a sense that things were not right when you joined the company. The founder went into defensive mode and secured an option on their stock. He effectively blocked Jim Barrett from buying the company. But it suddenly put the management team in a position where if we really didn't have the money, we could exercise the option to buy the company.

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