IBM, every mention
61 scenes, the whole family · ← back to IBM
tap a year for its mentions
every year anyone Ted Seides 7Tom Steyer 4Steve Papa 4John Kim (Kimmer) 4Jim Falbe 4Charlie Ellis 4Tom Russo 3Mike Maples, Jr. 3Rick Heitzman 2Richard Tedlow 2
Verbatim, from the transcripts: the passages where IBM comes up
Operator-Led Private Equity at Ethos - Erik Brooks (EP.504)
- ▶ 0:40 Eric Brooks It was Fadi saying to the head of sales, when I ran business services for IBM in the Middle East and Africa, I noticed in some countries it was important for you to show up with multiple products.
- ▶ 24:06 Eric Brooks It was Fadi saying to the head of sales, when I ran business services for IBM in the Middle East and Africa, I noticed in some countries it was important for you to show up with multiple products.
Fundraising Mastery: The Tao of Kimmer – John Kim (EP.503)
- ▶ 8:55 John Kim (Kimmer) I started my career as a cash register salesperson at IBM. 4 times in the scene
- ▶ 1:08:08 Ted Seides If you circle all the way back to your early training at IBM, what were some of those seminal lessons you learned in that fantastic sales training program that have carried all the way through? 2 times in the scene
Jeremy Grantham – Bubbles, Value Investing, and the Long Game at GMO (EP.493)
- ▶ 18:45 Jeremy Grantham That was the heart of the nifty-fifty Avon, IBM, Kodak, Coca-Cola.
Scott Kleinman – Apollo's Integrated Alternatives Platform (EP.481)
- ▶ 22:10 Scott Kleinman If I just went to Deutsche Bank or Goldman Sachs to their trading desk and said, give me IBM, all the traded IG stuff, all that excess return is going to be squeezed out of that by the time I'm showing up at a bank's desk to buy that
Top 5 of 2025: #4: Alex Sacerdote
- ▶ 16:42 Alex Sacerdote How do we find the next Microsoft or Dell or IBM in the mainframe world?
Understanding the 401(k) Market – Eric Mogelof, KKR (EP.464)
- ▶ 14:41 Eric Mogelof And these companies, there are some really big ones like Boeing and Ford and Intel, IBM.
Mike Maples Jr. - Identifying Startup Pattern Breakers (EP.406)
- ▶ 7:19 Mike Maples, Jr. They were just starting to become a thing, and my dad was at IBM and knew a bunch of the guys on the PC team, 2 times in the scene
- ▶ 53:29 Mike Maples, Jr. Now, let's imagine IBM or HP had come to Industrial Light Magic and said, I have fast workstations too.
Blythe Masters - Fintech Innovation at Motive Partners (EP.376)
- ▶ 32:35 Blythe Masters Bridget von Kralingen, who was the number two at IBM.
Michael Milken – Innovations in Finance, Medicine, and Education (EP.371)
- ▶ 22:24 Michael Milken So you would never be fired if you lost money in IBM.
- ▶ 30:14 Michael Milken And IBM was outspending them 50 to one at one point.
Rick Heitzmann – New York Venture Investing at FirstMark Capital (EP.350)
- ▶ 25:40 Rick Heitzman Why the legacy monolithic software systems from places like IBM maybe were working for Macy's, but weren't working for the latest entrepreneurs.
- ▶ 32:36 Rick Heitzman A lot of people thought that social curation wasn't an interesting category, or that these Canadian guys who were selling snowboards didn't seem to follow the IBM playbook.
Bruce Ou – Private Market Investing at GroveStreet (EP.347)
Alan Forman – Yale Endowment Real Estate (EP.340)
- ▶ 6:16 Ted Seides So the next time you buy a device, or a family member, colleague, friend, casual acquaintance, or random person you meet in the store is about to buy one, and whether that device is from Apple, Google, Dell, IBM, or even the classic ENIAC,…
- ▶ 25:05 Alan Forman We were in charge of managing it with IBM Pension Fund, and they were helped out by Equitable.
Seth Klarman – Timeless Value Investing (EP.328)
- ▶ 41:28 Seth Klarman So don't call us with IBM Insights or your new rating of Microsoft, but when you find that secondary partnership interest, or you find that illiquid stake in a private company, call us with that, because we'll have a bid for you.
Don Mullen –Single-Family Rentals at Pretium (Capital Allocators, EP.324)
- ▶ 1:02:02 Don Mullen The infrastructure of it is a little bit reminiscent of the Apple, IBM computer debate of the nineties, where it's like you were never incented to buy an Apple product if you were a corporate purchasing person, because you got no penalty… 2 times in the scene
Eric Resnick – Ski, Golf, and Vacation Investing at KSL (EP.322)
- ▶ 17:35 Eric Resnick It was like the IBM corporate headquarters.
Jim Falbe – Modern Value Investing at Saguaro (Capital Allocators, EP.320)
Adam Shapiro – Post-Breeding Grounds for Rising Stars and Families (Capital Allocators, EP.319)
- ▶ 6:18 Adam Shapiro I grew up during the period of early computers, Commodore VIC-X, IBM PC Junior, the basic language.
Tom Steyer – Investing to Save Humanity (Climate Solutions EP.1, Capital Allocators EP. 300)
- ▶ 19:36 Tom Steyer It wasn't like buying IBM. 2 times in the scene
- ▶ 54:24 Tom Steyer Because in the public market, if you own a thousand shares of IBM, or I own a thousand shares of IBM, that doesn't make a heck of a lot of difference. 2 times in the scene
Charley Ellis - Figuring Out Investing and Vanguard (Capital Allocators, EP.286)
- ▶ 59:50 Charlie Ellis An interest rate swap, a hundred million dollars, principle, between the World Bank and IBM.
Jon Ballis – In the Room Where Private Equity Happens at Kirkland & Ellis (Capital Allocators, EP.277)
- ▶ 32:17 Jon Ballis It's different than walking into the boardroom of the proverbial IBM or General Motors.
Ted Seides – Insights on investing and podcasting (Capital Allocators, EP.269)
- ▶ 46:33 Ted Seides He owns IBM stock that he bought in.
Ashvin Chhabra – The Aspirational Investor (Capital Allocators, EP.260)
- ▶ 40:26 Ashvin Chhabra My view was, give me any large cap stock, JP Morgan, Merrill Lynch, IBM, Microsoft, I still don't know what I'm investing in.
Chris Dixon – Frameworks and Investing at Scale (EP.258, Crypto for Institutions 2, EP.05)
- ▶ 14:27 Chris Dixon I think they're very likely going to become like IBM and HP and just chugging along and not really doing much new innovative stuff.
Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
- ▶ 15:52 Steve Papa We were replacing IBM's big database on their mainframe, which is pretty impressive.
- ▶ 20:40 Steve Papa In fact, one of our largest customer ever was IBM. 2 times in the scene
- ▶ 24:26 Steve Papa They basically overnight went from competing for every deal with IBM to suddenly being the dominant on-prem e-commerce company.
Annie Lamont – A Lifetime in Venture, Venture is Eating the Investment World 9 (Capital Allocators, EP. 238)
- ▶ 11:11 Annie Lamont So soft switch ended up being bought by Lotus one, two, three, and then by IBM.
Josh Wolfe – Caution and Innovation at Lux Capital, Venture is Eating the Investment World 8 (Capital Allocators, EP.236)
- ▶ 25:13 Josh Wolfe Today, if you access Facebook, you have to pick up an Apple iPhone, or you have to pick up a Google Android, or you have to log in on your MacBook, or your IBM PC, or, or Lenovo PC, or whatever it is, and they don't want that.
- ▶ 52:50 Josh Wolfe Their ability to execute and see the vision, they're super high signal, and so to attract more people like that, I surround myself with people like that, and then the messages that I have, I like to speak truth to power, and so whether…
Sean O'Sullivan – Start-up Development at SOSV, Venture is Eating the Investment World 3 (Capital Allocators, EP.231)
- ▶ 12:55 Sean O'Sullivan I went to IBM and worked for some bigger companies.
Richard Tedlow - Charismatic Business Leadership (Capital Allocators, EP.222)
- ▶ 28:04 Richard Tedlow The computer had an impact on the world that people could only imagine back in the mid 19 sixties when the IBM three 60 was first introduced.
- ▶ 28:04 Richard Tedlow The computer had an impact on the world that people could only imagine back in the mid 19 sixties when the IBM three 60 was first introduced.
Greg Jensen – Bridgewater Associates (Manager Meetings, EP.06)
- ▶ 42:22 Greg Jensen I mean, years where IBM would invest multiples of their revenue.
Bill Ford – General Atlantic (Manager Meetings, EP.03)
Private Equity Masters 4: David Rubenstein – Carlyle Group (Capital Allocators, EP.203)
- ▶ 45:04 David Rubenstein I recruited Lou Gerson to be the chairman of Carlisle, and he was retiring at IBM at the normal retirement age.
Jeff Housenbold – Inside Softbank Vision Fund (Capital Allocators, EP.186)
- ▶ 29:16 Jeff Hausenbold You don't have to use IBM web sphere.
Ted with Patrick O'Shaughnessy – Lessons from the World's Elite Money Managers (Capital Allocators, EP.184)
- ▶ 57:23 Ted Seides Because my dad, there's a whole nother story, but still owns IBM stock that he bought in 1959.
Chris Dixon – The Future of Blockchain at a16z (Capital Allocators, EP.172)
- ▶ 30:50 Chris Dixon The mainstream at the time was IBM building mainframes.
Joel Greenblatt – Common Sense for Value at Gotham Capital (Capital Allocators, EP.165)
- ▶ 1:02:42 Joel Greenblatt IBM has some certificate programs, but that's the tip of the iceberg and it doesn't have to be just with programming.
Gregory Zuckerman – Decoding Renaissance Medallion (Capital Allocators, EP.119)
- ▶ 24:06 Gregory Zuckerman It took this group of individuals from IBM, Bob Mercer, who went on to fame and fortune as a big backup for Donald Trump and the hard right, and his colleague Peter Brown, and they too weren't really focused on getting rich at the time.
Anne Martin - Pulling the Oars as CIO of Wesleyan University (Capital Allocators, EP.114)
- ▶ 53:58 Anne Martin She graduated from Smith in 1954, magna cum laude in math, and went to work for IBM, if you can believe it.
Michael Novogratz – Galaxy Digital (First Meeting, EP.06)
- ▶ 17:55 Mike Novogratz The guy that programmed big blue and IBM way back.
Thomas Russo – All About Google (Capital Allocators, EP.90)
- ▶ 4:51 Ted Seides So I want to turn to something that you touched on earlier and I, let alone, which is Berkshire's shift slowly IBM into Apple into technology investments.
Thomas Russo – All About Berkshire Hathaway (Capital Allocators, EP.89)
- ▶ 13:35 Tom Russo Now that, that was Charlie's observation around the appearance of IBM in the portfolio. 3 times in the scene
- ▶ 56:50 Ted Seides So I want to turn to something that you touched on earlier, let alone, which is Berkshire's shift slowly IBM into Apple into technology investments.
Charley Ellis - Indexing and Its Alternatives (EP.62)
- ▶ 8:12 Charlie Ellis Up until that time, you had to pick up the phone and call a broker and say, what was the last price of IBM or General Motors or whatever?
- ▶ 14:00 Charlie Ellis I've got more power in my cell phone in my pocket than an IBM three 60 computer would have had.
Paul Black - Gratitude, Fun, and Growth Stocks (Capital Allocators, EP.51)
- ▶ 8:37 Paul Black At that time, I liked growth for growth's sake, so I was taking people out of IBM stock and putting them into digital equipment, because digital equipment stock was a much more rapid grower at the time.
Wayne Wicker - Managing for Millions who Matter (Capital Allocators, EP.44)
- ▶ 17:40 Wayne Wicker We had the CIO from General Motors and the former CIO at IBM.
Ali Hamed - Novel Asset Investing (Capital Allocators, EP.40)
Kip McDaniel – CIO Whisperer (Capital Allocators, EP.20)
- ▶ 9:16 Kip McDaniel He was at that point the ex-CIO of IBM.
Larry Kochard – Endowment Professor (Capital Allocators, EP.11)
- ▶ 10:01 Larry Kochard Joe Grills, a retired CIO of the IBM pension, was involved with that.
Charley Ellis – Multiple Ways to Win (Capital Allocators, EP.08)
- ▶ 47:44 Charlie Ellis It was an interest rate swap between IBM and the World Bank, and everybody at Salomon Brothers says, you can't do that.