Smith ran Cotopaxi's executive search himself against Bain Capital's advice
Davis Smith · Davis Smith: From Selling $6M of Pool Tables to Scaling Cotopaxi to $150M in Revenues | E1095 · 20VC with Harry Stebbings · Dec 15, 2023 · at 51:22
Davis Smith is the founder and former CEO of outdoor brand Cotopaxi. Bain Capital is a major investor in the company.
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“And I started a process being capital gave me a handful of search firms to go talk to. I talked to four or five of them. I didn't want, I didn't hire any of them. And I decided I'm going to go run the process myself. And bank capital was like, that is a mistake. You should not do it. You should hire these professionals to go do it.”
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