“Are we at the same price? In certain deals, you can get in cheaper than what management bought. That's a Warren Buffett type of thing to do.”
“Marc sent Buffett's assistant a message… his phone rang and it was Buffett… they submitted an offer of around $10 billion.”
Marc Stad · Buyers and Builders · Marc Stad: From $0 to $40 Billion (The Extraordinary Story of Dragoneer's Founder)
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What was described
Messaged Warren Buffett’s assistant with a brief note, prompting Buffett to call back within minutes and discuss a $10 billion investment structure
$10 billion offer submitted; final combined transaction valued at $12 billion
Said nearby on the same subject
“Investment bonds… are taxed within the structure each year at a maximum rate of 30%… and then there's no tax when you transfer later on”
“I did less than 10 calls, emails, like email, call, follow up or call email, and had a company within those first 10.”
“‘He gave the brief to three sets of creators… we literally gave them 10 minutes to go make a video… I would literally buy both of these.’”
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