@seanallenfenn
Methods of Prosperity 117
They Say He’s Nice. The Truth Is He’s Shrewd.
Michael Dell
“Ideas are a commodity. Execution of them is not.”
– Michael Dell
Most entrepreneurs who go public stay public.
Michael Dell orchestrated something unprecedented in the tech industry.
In 2013, he took his company private.
It was the largest technology leveraged buyout ever ($24.9 billion).
Then he brought it back public again in 2018.
This gave him the freedom to make long-term strategic decisions.
This kind of freedom came without quarterly earnings pressure.
Which is a luxury most public company CEOs don't have.
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