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Published · transcript-backed

Speaker unverified: belief

19 Dec 2019 Acquired Convoy (with CEO Dan Lewis)

“I remember I was like, “Here's how much we think your Convoy stock will be worth.”

— Speaker unverified

Source trail

Everything needed to verify it.

Speaker
Speaker unverified
Attribution
Not verified from this transcript
Claim type
belief
Recorded
19 Dec 2019
Publisher
Acquired

Transcript context

…You go to move faster. You're stock price has to appreciate faster than Amazon stock price. It has. It definitely has, but that's cooled off, too. During certain phases, it gets harder and easier based on how well the alternative is growing. I remember talking to somebody that I was trying to convince to join. I don't remember who this person was exactly. I remember I was like, “Here's how much we think your Convoy stock will be worth. ” They were like, “Well, I am doing the math and Amazon will be worth a $8 trillion dollars in three years.” I was like, “Why?” “If you look at the last couple of years of their stock price appreciation,” whatever it was the time frame they're using, “it was the exact right time.” At some point, you have to start working back from GDP.…

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