Business Breakdowns

Join Neil Schuster, co-founder of the golf media business No Laying Up, as he dives into the business side of the PGA Tour. Discover the fascinating concept of the 'Tiger Tax' and its effects on player earnings. Schuster explains how the Tour transitioned into a nonprofit and explores its revenue generation strategies. The discussion also touches on the rise of competing leagues like LIV Golf and the ongoing challenges of engaging modern audiences, including exciting collaborations with streaming platforms. Perfect for golf fans and business enthusiasts alike!

Brian Schimpf, CEO and co-founder of Anduril, a pioneering defense tech company, digs into transforming the defense landscape. He shares insights on shifting from outdated cost-plus contracts to a more innovative firm-fixed pricing model. The conversation highlights the evolution of military tech with drone advancements and the need for ethical AI in defense. Schimpf also discusses navigating the complexities of government contracts, emphasizing agility and creativity in developing cutting-edge solutions for modern warfare.

Marc Rubinstein, a seasoned financial analyst known for his expertise in investment banking, joins the discussion about Goldman Sachs. They unravel the bank's transformation from niche player to industry titan, and the evolving business dynamics post-financial crisis. Topics include the complexities of bank valuation and Goldman's strategic pivot towards consumer banking. The conversation also touches on shifting competition in the financial sector and the impact of new players on traditional investment banks, providing a fresh perspective on market strategies.

Join oil and gas investor Josh Young from Bison Interests as he discusses Baytex Energy, a mid-sized producer thriving amidst soaring oil prices. Young dives into the company’s strategic cash flow management between unconventional and conventional oil, illustrating the industry's boom-and-bust nature. He also explores the impacts of shale dynamics on production costs and the evolution of oil types, highlighting Baytex's pivotal position in the market and key investment insights that could shape future industry trends.

Mark Gansey, CEO of DigitalBridge, shares insights from his extensive career in digital infrastructure. He explains how digital infrastructure has evolved, emphasizing its pivotal role in modern connectivity and the demand for fiber and data centers. Gansey discusses the company's strategic transformation into a leading player and its ambitious growth plans. He also explores competitive innovations like Starlink, and highlights the importance of a customer-focused approach and effective team dynamics in the success of digital infrastructure investments.

Adam Foroughi, Co-founder and CEO of AppLovin, dives into the evolution of mobile app monetization. He shares the challenges the company faced in its early days, navigating a changing advertising landscape. The conversation highlights AppLovin's data-driven platform, which optimizes advertising for app developers. Foroughi also discusses the importance of nimbleness within engineering teams and the complexities of maintaining a competitive edge in a rapidly evolving tech environment. Discover how AppLovin transformed the mobile gaming market!

Joe Magyer, an insightful investor, discusses the rapid rise of Afterpay, a buy-now-pay-later pioneer founded in 2015. He explores how Afterpay differentiates itself from traditional credit options and its innovative approach to consumer payments. Magyer highlights the ecosystem's benefits to merchants and consumers alike, and delves into Afterpay's strategic evolution, especially post-acquisition by Block. He also addresses the challenges and growth prospects in today's economic landscape, revealing key insights into consumer behavior trends.

Hamish Corlett, a payments expert and investor at TDM Growth Partners, discusses the evolution of Block, formerly known as Square. He shares insights about its transformation into a $75 billion leader in financial services focused on economic empowerment. The conversation explores the synergy between Square and Cash App, highlighting Afterpay's role in enhancing their ecosystems. Corlett also emphasizes innovation and trust in navigating the payments landscape, revealing key lessons about customer empathy and market opportunities in financial technology.

Romeen Sheth, a McKinsey alum and current President of Metasys Technologies, dives into the history of McKinsey & Company, unveiling its role as a pioneer in management consulting. He discusses its project-based model and ethical challenges, including infamous scandals like Enron. The conversation highlights McKinsey's shift towards innovative asset-based consulting and its impact on talent management. Sheth also shares key lessons from McKinsey's journey, emphasizing the importance of adaptability in the fast-changing consulting landscape.

Deven Parekh is a partner at Insight Partners and an early investor in Fanatics since 2011. He dives into Fanatics' transformative impact on sports merchandise and its innovative vertically integrated commerce model. The discussion covers the company's strategic expansions into NFTs and real money betting, as well as the challenges of predicting inventory in a dynamic market. Parekh also shares insights on the importance of data-driven marketing and how Fanatics is shaping the future of the sports economy.