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Shake Shack: Danny Meyer
How I Built This with Guy Raz
Shaik Shak's Decision to Return the Funds
I was surprised at the reaction for about ten minutes, and then i completely understood it. Shaik shak obviously would not have applied for the loan if if it didn't perceive a need. Within thirty six hours of understandingthe government had run out of money, the company an its board made the decision to return it. And it was the first of any public company to do so. That actually began a cascade of what i'm told is well well north of two or three billion dollars of funds that were returned subsequent to that. So that's the kind of example that i would want to set....
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