COO's $150M Crypto Growth
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Ryan Begelman shares a story about a missed investment opportunity through his company's COO.
"I have one of my COO of my company who invested $150 in a crypto hedge fund and he's up to almost $6,000,000 in value. I missed that because I was just like 'I'm busy, I can't look at that right now.'
I was really laser focused on BizNow and Summit and Powder Mountain. I wasn't looking at deals every day, just maybe a deal every 3 weeks. So I missed a lot of stuff."
Ryan Begelman
In 2008, He bought into Bisnow Media, became CEO, and bootstrapped it with its founders, Mark and Elliott, from $1M to $20M in revenue and ~$7M annual profit. In 2016, as Fortune reported, He sold Bisnow to a private equity firm. Today, Bisnow is the largest producer of commercial real estate news and events.
He also cofounded Summit. Named by Forbes “The Davos of Generation Y,” Summit gathers leaders and features icons like Jeff Bezos, Richard Branson, Shonda Rhimes, Jessica Alba, Reed Hastings, Brené Brown and Al Gore.