Brad Gerstner: commitment

Transcript context

…Did he take you on that deal? He said, oh, great, you can "work" here and I won't pay you? The funny thing is, he did say, come apprentice. I think I was too weeks in and he said, this is ridiculous. He said, okay, I'm going to pay you, you're going to do this. I will say it was one of the most extraordinary mentor-mentee journeys over the course of the next 2½ years. He's a legend. He doesn't get the credit he deserves. He gave me the autonomy to, on the public side, go invest in my entire book in Google, Priceline, a couple of great companies, and then to go make some venture capital investments like leading the Series B and Zillow. I remember at the time, thinking, this is so easy. I had such deep conviction in Google. I didn't have to have this highly diversified book. If it went down, Paul would come into the office and say, what do you think? I'd say buy more, I'm heading to yoga. We had a really great round together. I didn't realize that that was with Paul when you led the Series B in Zillow because you were a Zillow board member from that point on for quite a long time. Did you stay on the board of Zillow as an independent even after leaving Paul's firm and starting Altimeter?…

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