Masters in Business

Graham Weaver on Private Equity

24 snips
Jul 22, 2022
Graham Weaver, founder and CEO of Alpine Investors, discusses his journey from engineering to private equity and the power of relationships in the industry. He emphasizes the importance of trust and commitment in managing investments. The conversation dives into transformative strategies that helped his firm thrive post-2008 crisis, showcasing innovative hiring and the significance of diversity in leadership. They also explore the value of recurring revenue in software businesses while reflecting on personal growth through challenges faced during the pandemic.
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ANECDOTE

Pig Farm Investment

  • Graham Weaver's first private equity experience involved a struggling pig farm in Missouri.
  • Living in the CFO's basement, he learned about hog price volatility and the challenges of financial modeling.
ANECDOTE

Dorm Room PE

  • Graham Weaver started Alpine Investors in his Stanford dorm room.
  • He cold-called companies, bought a label-making business, and financed it with credit cards.
INSIGHT

Talent-Driven Returns

  • During the 2008 recession, Alpine Investors shifted its focus to talent.
  • They realized that people, not deals or prices, drive returns.
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