Go offline with the Player FM app!
Wisdom from a $900 Million Challenge
Manage episode 426203128 series 2981263
In today’s episode, I share my experience stepping into the role of running Lee Steinberg Sports & Entertainment. Unaware of Lee's battle with alcoholism, I found myself leading a $900 million deal to buy the Rams during the 2008 financial crisis. With Lee in rehab, I relied on my background in venture capital and technology to navigate the challenges. Lee's advice—simplify negotiations and avoid doing business with difficult people—guided me through the complexities. This wisdom not only helped close the deal but also played a crucial role in my recovery from bankruptcy, shaping my approach to high-level business dealings.
2008 episodes
Manage episode 426203128 series 2981263
In today’s episode, I share my experience stepping into the role of running Lee Steinberg Sports & Entertainment. Unaware of Lee's battle with alcoholism, I found myself leading a $900 million deal to buy the Rams during the 2008 financial crisis. With Lee in rehab, I relied on my background in venture capital and technology to navigate the challenges. Lee's advice—simplify negotiations and avoid doing business with difficult people—guided me through the complexities. This wisdom not only helped close the deal but also played a crucial role in my recovery from bankruptcy, shaping my approach to high-level business dealings.
2008 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.