Ken Langone
“There are thousands and thousands of early Home Depot associates who became multimillionaires because of this...”
Source→“Home Depot IPO'd in 1981 with interest rates near 20%... $32 million market cap... cut the deal size from $6M to $3M”
Source→“Bear Stearns — Investment bank that reluctantly underwrote Home Depot's 1981 IPO as a favor to Ken Langone, then cut the deal size from $6M to $3M.”
Source→“Ross Perot's technology/enterprise services company; Ken Langone managed its IPO, establishing his reputation.”
Source→“Sandy Sigaloff ("Ming the Merciless") — Turnaround CEO brought in to run Dalen out of bankruptcy”
Source→“Jeffrey Chanin — Sigaloff's lieutenant who negotiated (unsuccessfully, then successfully at a much higher price) to buy back Ken Langone's Handy Dan shares.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.