Former Goldman Sachs investment banking co-head Gregg Lemkau reflects on advising Elon Musk during Tesla's production and capital struggles.
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“And you forget Tesla's now taken off in such an incredible way, but you forget there were moments there when it was really his genius and fortitude that kept that company alive and let it go on and thrive.”
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More from Gregg Lemkau
AssertionSupported
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“And so it was negotiating a deal with SoftBank, who in classic SoftBank fashion was saying, either you take all of our money or we're going to go invest it in Lyft and kill you.”
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Insight
Having a long duration capital advantage does not play in public markets
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Gregg LemkauJan 9, 2023▶ 37:20Gregg Lemkau - The Evolution of MSD (Capital Allocators, EP.291)
AssertionSupported
Musk tweeted '$420 funding secured' before calling bankers to evaluate buyout
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Opinion
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Disclosure
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“And initially it actually began a relationship where after he and I for months had been at odds, have become friends in the subsequent world as I've gone on to MSD, actually become an investor behind him in his next venture because he, I do think he's a really…”
Gregg LemkauJan 9, 2023▶ 18:51Gregg Lemkau - The Evolution of MSD (Capital Allocators, EP.291)
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