Opening Up to Franchises to Buy a Great Business
Acquiring Minds
00:00
How Did You See the Writing on the Wall?
The day that pre-core's acquisition of Peloton was announced, COVID stock hit its peak. The chairman of that company is a member of the Chinese National People's Congress and the head of the Chinese Olympic Committee. So pretty high ranking fellow. And I wasn't going to tie my fortunes to that. But it hurt, I tell you, because I had been at that company pre-call for 13 years. As a company of just under a thousand people, I knew hundreds of them by name. We made 90% of our products in the United States. It was just a great environment, and I would have happily ended my career there. Once that was not going to be
Transcript
Play full episode
