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The Startup Ideas Podcast cover image

How Holdco Legend Michael Girdley is Playing Multi-Decade Games (and Winning)

The Startup Ideas Podcast

NOTE

Consider the Diminishing Return on Money

Seeking advice from a senior vice president of a $500 billion company, the speaker discussed a potential offer of $30 million for a holdco, intending to fuel acquisitions for 20% of the business. The advisor emphasized calculating the multiples to evaluate the deal. However, the speaker pondered the importance of considering the 'multiple of fun' and highlighted the concept of diminishing returns on money.

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