Masters in Business

Brad Gerstner on Tech Investing

40 snips
Nov 17, 2023
Brad Gerstner, Founder and CEO of Altimeter Capital, talks about the importance of trustworthy data in AI, his journey with Forest River, and the rise and potential of AI. They also discuss the transformation of Twitter, the role of social media, and propose a fix for wealth inequality through investment accounts for every child in America. The chapter concludes with a discussion on creating a 401k-like account for children and the state of the IPO environment.
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ANECDOTE

Early Entrepreneurial Influences

  • Brad Gerstner worked for Peter Leagle at Forest River, learning about entrepreneurial practices firsthand.
  • Leagle's hands-on approach, like measuring competitors' RVs, taught Gerstner valuable business lessons.
ANECDOTE

Path to Business School

  • Gerstner's grandfather encouraged him to pursue a professional career, leading him to law school.
  • However, financial constraints and a desire for financial independence motivated him to pursue business school.
ANECDOTE

Early Venture Capital Experience

  • Gerstner joined General Catalyst in its early stages, helping to secure a launch deal with an online travel company.
  • He later worked with Paul Reader at Park Capital, gaining experience in both public and private tech investments.
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