This week, we speak with Graham Weaver, founder and CEO of Alpine Investors, a private equity firm in San Francisco that invests in software and services. Graham has been in private equity for more than 20 years, starting Alpine in his dorm room at Stanford Graduate School of Business.
We discuss how he launched a PE company in his dorm at Stanford’s GSB and proceeded to “make every mistake in the book.” But his investors stayed with him, impressed by his communication during rough times. They must have seen a lot of potential in him, as Alpine is now an $8 billion firm.
He explains how Alpine came to focus on developing and training CEOs to drive their private equity acquisitions. Regardless of what econometric modeling the rest of the private equity industry does, the potential gains from a well-executed turnaround start at the top.
Here is a list of his favorite books; A transcript of our conversation on Tuesday is available here.
You can stream and download our entire conversation with podcast extras on iTunes, Spotify, Stitcher, Google, Bloomberg, and Acast. All our previous podcasts on your favorite podcast host can be found here.
Be sure to check out our Masters in Business next week with Hannah Elliott, who covers all things automotive for Bloomberg. We discuss today’s wild car market, motorcycles going electric, vehicles competing with Tesla and his favorite hypercars. He lives in LA and says car culture there is enjoying a renaissance and why you should take the $10,000 Ferrari track course.