Podcasts about acquired

What does it take to go from a musician with no real estate network landing in the business right as the market crashed in 2008, to building a needs-based investment empire that's raised over $250 million and directly acquired $93 million in assets? In this episode, Dani Lynn Robison, founder and CEO of Freedom Family Investments and author of the Amazon #1 bestseller "Calm Money Never Panics," pulls back the curtain on her journey from flipping single-family homes to running a $200 million fund built entirely on trust, transparency, and a needs-based investment thesis. She shares the wild story of her very first apartment complex (nicknamed "Drugs, Thugs, and Bugs") that turned her from a turnkey operator into a commercial real estate investor, opens up about two deals where she lost money — including a syndication where she had to exercise step-in rights for the first time — and reveals why she believes trust doesn't scale the way paid marketing does. Dani also breaks down her simple, fixed-and-preferred-return fund structure, her three-gate operator vetting process, and the counterintuitive advice that simplicity, not more information, is what wins investors over. If you want a masterclass in building an eight-figure capital raising business on honesty and relationships instead of hype, this conversation delivers it straight from someone who's lived every lesson.5 Key Takeaways:Dani built Freedom Family Investments around a "needs-based" investment thesis (multifamily, workforce housing, senior housing, self-storage) because it's easy for investors to understand and believe in, especially amid economic uncertainty and AI disruption.Her business model prioritizes simplicity and trust over high returns — a fixed/preferred return structure (8-10% income track, 10-14% growth track) with no fees, which she says attracts investors who care more about predictability and character than chasing IRR.She raised over $35 million purely through word of mouth and referrals without ever building a marketing funnel, and later learned firsthand that pouring money into paid marketing and vendors doesn't scale trust the way an authentic track record does.Dani openly shares her worst deals with investors — including a $72,000 contractor fraud loss and a syndication where she had to exercise step-in rights to protect investor capital — because transparency about failures builds more trust than presenting a "perfect" track record.Every operator her fund partners with must pass a three-gate vetting process (track record, operational ability, then the deal itself), and she'll spend four to five months vetting an operator because trust and communication matter more than chasing a "home run" deal with an unreliable partner.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

Frank and Vactor get into the news that the original theatrical cut of A New Hope, the version Lucas kept buried for nearly fifty years, is coming back to theaters in 70mm IMAX for Star Wars' 50th. Tim's still on paternity leave, so it's a two-hander. Cheers! Beers of the Week Sam Adams American Light Propel Fitness Water, in spirit, because he forgot it More Vactor: This Comic COOKS! on YouTube and TikTok, plus weekly on Lanterns Live with his friend Ralph right after each new episode airs. He was last with us on #572. Shout out to Derek and Graham over at Super House of El, and to our friend William Goodman, who joined them this week and writes about Lanterns for GQ and Men's Health. Find every back episode at beerwithgeeks.com. We're on YouTube and wherever you get your podcasts. Like, subscribe, follow, and leave a rating if this one hit.Special Guest: Vactor.

Fathom said that it has over 400,000 monthly active users. Also, Glass Imaging was founded by a pair of former Apple engineers who previously led the team that developed Apple's Portrait Mode. And Cornelis, a company creating networking technology to help AI chips communicate more effectively, announced Monday that it has raised $205 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hello Beautiful, I'm so grateful you're here with me. Life has taught you far more than you may realize. Today we'll reflect on the experiences, challenges, and victories that have shaped your wisdom and strengthened your spirit. This meditation supports self-reflection, personal growth, emotional healing, mindfulness, resilience, and inner peace. Love,

What can Costco hot dogs and Hermès handbags teach interior designers about running a high-end design business? Quite a lot, apparently. Rebecca and Shaun dig into the wildly different business models behind Costco and Hermès and uncover surprising lessons about luxury, value, trust, vendor relationships, pricing, craftsmanship, and creating a brand clients believe in.They also catch up on some big personal and business changes, including Shaun's decision to leave his studio and reduce overhead, Rebecca's adventures in home renovation and color drenching, and the importance of making strategic business decisions with trusted advisors. From cost-plus pricing and designer discounts to vintage sourcing and what actually defines a luxury client, this episode explores how interior designers can create more profitable businesses while delivering an experience that feels truly high-end.In this episode they discuss:Why Shaun decided to give up his office space, reduce overhead, and make aggressive financial moves for the next chapter of his interior design businessHow working with a CPA and financial advisor can help designers make smarter decisions about expenses, profitability, retirement, and long-term business goalsRebecca's spontaneous color-drenched hallway and the design concept of “compression and release” inspired by Frank Lloyd WrightWhat the Acquired podcast's deep dive into Costco reveals about limited product selection, strong supplier relationships, customer trust, and delivering exceptional valueHow designers can build deeper vendor relationships and use purchasing power to create better pricing without making a luxury design service feel “cheap”Whether a cost-plus pricing model can work for high-end interior design, especially when sourcing custom furniture, vintage pieces, and products from preferred vendorsWhat Hermès teaches us about craftsmanship, consistency, exclusivity, brand identity, and creating luxury products that clients desire beyond pure functionalityThe difference between offering a luxury design service and working with a truly luxury client who values trust, access, one-of-a-kind pieces, expertise, and the finished result over price shoppingOur links:Subscribe and leave a review - Apple PodcastsLike, Comment, & Follow - Hot Young Designers Club InstagramRebecca's InstagramShaun's InstagramFor more information - Check out the websiteBecome a “Loyal Hottie” - Support us on PatreonDesign Resources - Check out our shop

Lucas Schuermann is the founder and CEO of Variational, a peer-to-peer derivatives protocol built on Arbitrum. Former Genesis executive, former quant, and someone who went to Columbia at 12 and started a hedge fund at 20.Today we get into why variational charges zero trading fees, how it's aggregating liquidity from traditional finance to list hundreds of assets on chain, why perps have a funding rate problem most traders don't understand until it costs them, and what happens to old-school brokers once this liquidity actually moves.___________THE SHIFT NEWSLETTER

We expect the Rowdies to announce the acquisition of Jürgen Locadia, so we discuss the element he brings to the best team in the conference. We beat lowly BKN this week, and have officially clinched the playoffs in a bounceback season. HFD up next. #COYR Support The Pod! Buy A Shirt! Use Promo Code “COYR” for 10% OFF! – https://shop.rblrsports.com @RBLRRowdies on all social media! YouTube: RBLR Sports on YouTubeSpotify: RBLR Sports on SpotifyiHeart: RBLR Sports on iHeartRadioApple Podcasts: RBLR Sports on Apple PodcastsTikTok: @RBLRSports on TikTok Follow @RBLRSports on all social media, and please remember to Like & Subscribe!

We expect the Rowdies to announce the acquisition of Jürgen Locadia, so we discuss the element he brings to the best team in the conference. We beat lowly BKN this week, and have officially clinched the playoffs in a bounceback season. HFD up next. #COYR Support The Pod! Buy A Shirt! Use Promo Code “COYR” for 10% OFF! – https://shop.rblrsports.com @RBLRRowdies on all social media! YouTube: RBLR Sports on YouTubeSpotify: RBLR Sports on SpotifyiHeart: RBLR Sports on iHeartRadioApple Podcasts: RBLR Sports on Apple PodcastsTikTok: @RBLRSports on TikTok Follow @RBLRSports on all social media, and please remember to Like & Subscribe!

Sameer Nigam, founder and CEO of PhonePe, joins Unstarted for a candid conversation on building a company that now serves over 700 million users.From a middle-class naval family to a failed music startup (Mind360), an acquisition by Flipkart, and the founding of PhonePe, Sameer breaks down the thinking behind his "asymmetric bets," why he chose UPI when the entire market was chasing wallets, and how the Big Billion Day payments collapse revealed the problem he'd spend the next decade solving.He also opens up on his 31-year partnership with co-founder Rahul Chari, why he embraces regulators instead of fighting them, what PhonePe's data reveals about how India really spends, and the story behind the IPO that was pulled at the last minute.A must-watch for founders thinking about co-founders, market timing, building for population scale, and knowing when to cut your losses.Unstarted is a show about founders, for founders hosted by Avnish Bajaj. Chapters0:00 Intro: meet Sameer Nigam & the "celebrity founder" tag2:15 Family background: a Navy dad and an entrepreneur mom at early TCS10:45 Why tech fundamentals still win (and the Google "75% AI code" point)17:40 First venture: Mind360, the "iTunes for India"22:10 Why it failed: wrong market sizing and the piracy era26:00 Acquired by Flipkart and the B2B pivot34:15 Big Billion Day: when India's payment infra collapsed38:00 Why wallets were never the answer41:20 The asymmetric bet on UPI44:30 Ghar Wapsi: merging back into Flipkart to buy time47:10 Demonetization: luck, timing, and near-zero competition50:00 Obsessing over infrastructure and the right foundation52:30 ICP, population scale, and the "painkiller in the hinterland"55:40 Incumbents push back: ICICI blocking and the RBI visit59:00 What PhonePe's data reveals about how India spends1:05:00 The most anticipated IPO that didn't happen1:08:30 Final advice: don't be an entrepreneur by FOMO

USAP allegedly paid a competitor $9 million to stay out of the Dallas market. A Texas teachers' pension system says it's paying twice the going rate for anesthesia because of it. Joe Rodriguez (Chief Growth Officer, Guide Anesthesia) is joined by Tracy Young (COO, Essential Anesthesia) and Gary Keeling (VP, Anesthesia Services at Coronis Health) to unpack the USAP consolidation fallout, why anesthesia pay works the way it does, and the debt mechanics behind CHG Healthcare's acquisition of Krewe Anesthesia. First: Representative Tom Oliverson's Houston Chronicle testimony and the Texas Teacher Retirement System's claim that USAP charges double the going rate, including the allegation that USAP paid Envision $9 million to stay out of the Dallas market entirely. Tracy makes the business case for what USAP did before making the ethics case against how they did it. Second: why anesthesiologists and CRNAs actually get paid what they get paid, and why "fair" isn't a market principle derived from your length of training. It's derived from what two parties subjectively determine. Third: CHG Healthcare's acquisition of Krewe Anesthesia, traced back through Leonard Green Partners and the collapse of Crozer Health. Tracy breaks down how debt-funded acquisitions work and why the model only survives as long as interest rates stay low. Plus: Joe's three-part fix for what's actually driving healthcare costs, and a listener question on practicing anesthesia in New York. Takeaways: Comparing anesthesia rates to "the market average" is meaningless. Most rates are too compressed to cover the actual cost of staffing anesthesia care. Anesthesiologists and CRNAs get paid what they get paid for one reason: that's what the market is willing to pay. Supply and demand, not sympathy or spin. Fairness is not a market principle, per se. Compensation is only ever what a buyer is willing to pay and a provider is willing to accept. Locums companies are becoming management companies because hospitals want one vendor to own the whole staffing headache, not five vendors to coordinate. Solving healthcare costs at the system level takes three things: real investment in public health, broad coverage delivered privately, and better use of the professionals already in the system. Want more Dr. Joe Rodriguez? Tik Tok: @jrodcrna21 Instagram: @jrod.crna & @abouttherestpod YouTube: @AboutTheRest Thanks for my co-hosts: Randy Moore (EVP & National Chief CRNA, NorthStar Anesthesia) Gary Keeling (VP of Anesthesia Services, Coronis RCM) To Learn More about Human Content Visit: ⁠⁠⁠http://www.human-content.com⁠⁠⁠ To Learn More about About The Rest Visit: www.abouttherest.com Got a Question? hello@abouttherest.com Part of the Human Content Podcast Network Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt is joined by the hosts of the Acquired podcast, Ben Gilbert and David Rosenthal, to discuss their two-part series on the history of The Walt Disney Company; what surprised them the most during their deep research; Disney's most precarious investments, biggest missteps, and best acquisitions; where Disney is today; and how it's positioned for the future (02:08). Matt finishes the show with an opening weekend box office prediction for 'Coyote vs. Acme' (34:57). Host: Matt Belloni Guests: Ben Gilbert and David Rosenthal Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez Theme Song: Devon Renaldo Nominated for 26 Emmy Awards, including OUTSTANDING DRAMA SERIES. Bob Iger, James Cameron, Kevin Feige, Jon Favreau and More Featured in New Disney+ Documentary ‘Disney Worldbuilders.' Now Streaming on Disney+. Learn more about your ad choices. Visit podcastchoices.com/adchoices

 With Louis Diamond Vanguard's acquisition of Altruist could reshape RIA custody, bringing together Altruist's technology with the scale, capital, and reputation of one of the industry's best-known brands. In Summary Vanguard's acquisition of Altruist brings one of the financial industry's most established brands together with one of RIA custody's fastest-growing challengers. In this Rapid Reaction Industry Update, Louis Diamond looks beyond the reported $4B+ purchase price to consider what the combination could mean for advisors—what he sees as the good news, the potentially negative outcomes, and everything in between. Altruist gains the capital, scale, and brand recognition that could help it compete more aggressively for larger RIAs and breakaway teams. Vanguard gains a technology-forward custody platform and greater access to the independent advisor channel. The larger implication may be increased competition across RIA custody. With Schwab and Fidelity controlling much of the market, a Vanguard-backed Altruist could create new pressure around technology, pricing, service, referrals, and innovation—while raising new questions about how Vanguard balances its growing advice business with its role as custodian. The Storyline RIA custody has long been dominated by Schwab and Fidelity, particularly since Schwab's acquisition of TD Ameritrade. Altruist emerged as one of the few credible challengers, building its position around modern technology, lower costs, and an advisor-focused platform.   But technology was only part of the equation. For larger breakaway teams in particular, Altruist faced another hurdle: brand recognition. Advisors could be impressed by the platform while still wondering how clients accustomed to names like Merrill, UBS, Morgan Stanley, Schwab, or Fidelity would respond to an unfamiliar custodian.   Vanguard changes that equation.   Louis examines why the acquisition makes strategic sense for both companies, from Vanguard's push to expand access to financial advice to Altruist's opportunity to operate with the backing of a well-capitalized, long-term owner.   For advisors, however, the bigger story is what happens next. A stronger competitor in custody could affect everything from technology and pricing to referral opportunities and the choices available to breakaway advisors.   There are also important questions still unanswered. Vanguard operates its own advice businesses. Altruist's speed and fintech culture may be tested inside a much larger organization. And while Vanguard says Altruist will remain independent, the longer-term operating model remains to be seen.   The deal may not change advisors' options immediately. But it has the potential to change the competitive dynamics surrounding those options considerably.   Topics Covered Vanguard's acquisition of Altruist RIA custody competition Schwab and Fidelity Altruist's technology and Hazel AI Vanguard's financial advice strategy Custodian brand recognition for breakaway advisors Advisor referral networks Custody and technology pricing Direct advice and custodian conflicts The future of RIA platforms and Supportive Independence > Download a transcript of this episode… Listen and Learn Highlights for Advisors Why is the Vanguard-Altruist acquisition significant for RIA custody? (03:53)Louis explains why custody has remained highly concentrated around Schwab and Fidelity and how combining Vanguard's scale and reputation with Altruist's technology could create a much stronger third competitor.   What problem does Vanguard potentially solve for Altruist? (05:01)Altruist has built a strong reputation among advisors for its technology, but larger breakaway teams have sometimes questioned whether clients would recognize or trust the brand. Vanguard could significantly reduce that concern.   Why does buying Altruist make sense for Vanguard? (07:00)Vanguard has more than 50 million investors and has publicly discussed the need to expand access to financial advice. Louis considers how Altruist could give Vanguard both additional capacity and a stronger connection to independent advisors.   What does Altruist gain from Vanguard beyond capital? (09:51)Louis discusses the significance of having a long-term, investor-owned parent rather than remaining dependent on successive rounds of venture capital, while gaining additional resources to develop custody, technology, and Hazel AI.   How could this acquisition change the choices available to breakaway advisors? (12:33)The combination of Altruist's technology with Vanguard's brand could make the platform more viable for larger teams that previously hesitated because of client recognition and trust concerns.   Could Vanguard become a meaningful source of client referrals to RIAs? (13:42)With millions of existing investors and more demand for advice than Vanguard can necessarily serve internally, Louis considers whether a future referral program connecting Vanguard clients with Altruist RIAs could become an important competitive advantage.   What are the potential risks of the Vanguard-Altruist combination? (16:54)The acquisition also raises questions around Vanguard's competing advice business, Altruist's long-term independence, differences in corporate culture, innovation speed, and talent retention.   What could happen next across the custody market? (20:00)Louis offers several predictions, including responses from Schwab and Fidelity, wider adoption of Hazel AI, a potential Vanguard-Altruist referral channel, and greater use of Altruist by breakaway advisors.   Key Takeaways Vanguard's acquisition of Altruist could introduce a more formidable competitor into an RIA custody market heavily concentrated around Schwab and Fidelity. Vanguard addresses one of Altruist's biggest challenges with larger breakaway teams: providing a widely recognized financial brand that advisors can more easily explain to clients. Altruist gives Vanguard a technology-forward entry point into RIA custody as Vanguard continues expanding its strategy around access to financial advice. Advisors could benefit from greater competition through pressure on custody and technology pricing, service, product development, and innovation. A future referral channel could become an important part of the combination, particularly given Vanguard's enormous investor base and Altruist's growing network of RIAs. The acquisition also introduces potential conflicts and execution risks, including Vanguard's own advice businesses, the integration of two very different corporate cultures, and questions about whether Altruist can maintain its speed and independence over time. For breakaway advisors, the custody shortlist may have changed: Altruist can now pair its technology and fintech capabilities with the capital and reputation of Vanguard. https://youtu.be/UlgCBjLXrnw Quotable Moments “Custody is really a trust business.”— Louis Diamond (05:55) “Every time a well-capitalized player shows up, especially in custody, advisors win.”— Louis Diamond (12:33) “Really, it's tech-forward independence now without a brand trade-off.”— Louis Diamond (13:42) “There are always innovators showing up from outside the establishment, and every time one succeeds, advisors end up with more options and more leverage and more negotiating power than they had the year before.”— Louis Diamond (22:44) FAQs Why is Vanguard acquiring Altruist? Louis sees several strategic reasons for the acquisition. Altruist gives Vanguard an established technology and custody platform serving more than 6,000 advisors, while potentially expanding Vanguard's ability to reach investors through independent financial advisors. It may also provide another distribution channel for Vanguard investment products and future offerings. What does Vanguard's acquisition mean for Altruist? Altruist gains the backing of one of the world's largest and best-known investment firms while retaining, at least initially, its brand, leadership, and operating structure. Vanguard's capital could allow Altruist to continue investing in custody capabilities, technology, and products such as Hazel AI without relying on additional venture funding rounds. How could the acquisition affect RIA custody competition? Schwab and Fidelity currently dominate RIA custody. Louis believes a Vanguard-backed Altruist could become a stronger challenger by combining Altruist's technology and pricing model with Vanguard's scale, capital, and reputation. That could increase competitive pressure around pricing, service, technology, and innovation. Why could the deal matter to breakaway advisors? Altruist's technology has attracted advisor interest, but some larger breakaway teams have questioned whether clients would be comfortable holding substantial wealth with a less familiar custodian. Vanguard's ownership could substantially reduce that brand-recognition hurdle and make Altruist a more viable option for larger teams. Could Vanguard refer clients to advisors using Altruist? No referral program has been announced. However, Louis believes it is an important possibility to watch. Vanguard has more than 50 million investors, while Altruist provides access to thousands of independent advisors. Connecting investors seeking human advice with RIAs on the Altruist platform could create a meaningful new referral channel. Are there risks for advisors using a Vanguard-owned custodian? Potentially. Vanguard operates its own financial advice businesses, creating some of the same competitive concerns advisors have raised about other custodians with retail advice operations. Other questions include whether Altruist will remain operationally independent over time and whether its culture and pace of innovation can be maintained under Vanguard ownership. What happens next for Altruist, Schwab, and Fidelity? Louis expects the competitive response to be worth watching. He believes Schwab and Fidelity could respond through technology, AI, pricing, or other changes to their advisor offerings. He also expects Altruist to compete more aggressively for breakaway teams and sees the potential for Hazel AI to expand well beyond advisors who custody assets with Altruist. Does the Vanguard-Altruist deal change anything for advisors immediately? Not necessarily. The transaction still needs to close, and its longer-term impact will take time to emerge. But for advisors evaluating custodians, independence, or the value they receive from existing partners, the acquisition adds another factor to consider as the competitive landscape evolves. Louis sees several strategic reasons for the acquisition. Altruist gives Vanguard an established technology and custody platform serving more than 6,000 advisors, while potentially expanding Vanguard's ability to reach investors through independent financial advisors. It may also provide another distribution channel for Vanguard investment products and future offerings. Altruist gains the backing of one of the world's largest and best-known investment firms while retaining, at least initially, its brand, leadership, and operating structure. Vanguard's capital could allow Altruist to continue investing in custody capabilities, technology, and products such as Hazel AI without relying on additional venture funding rounds. Schwab and Fidelity currently dominate RIA custody. Louis believes a Vanguard-backed Altruist could become a stronger challenger by combining Altruist's technology and pricing model with Vanguard's scale, capital, and reputation. That could increase competitive pressure around pricing, service, technology, and innovation. Altruist's technology has attracted advisor interest, but some larger breakaway teams have questioned whether clients would be comfortable holding substantial wealth with a less familiar custodian. Vanguard's ownership could substantially reduce that brand-recognition hurdle and make Altruist a more viable option for larger teams. No referral program has been announced. However, Louis believes it is an important possibility to watch. Vanguard has more than 50 million investors, while Altruist provides access to thousands of independent advisors. Connecting investors seeking human advice with RIAs on the Altruist platform could create a meaningful new referral channel. Potentially. Vanguard operates its own financial advice businesses, creating some of the same competitive concerns advisors have raised about other custodians with retail advice operations. Other questions include whether Altruist will remain operationally independent over time and whether its culture and pace of innovation can be maintained under Vanguard ownership. Louis expects the competitive response to be worth watching. He believes Schwab and Fidelity could respond through technology, AI, pricing, or other changes to their advisor offerings. He also expects Altruist to compete more aggressively for breakaway teams and sees the potential for Hazel AI to expand well beyond advisors who custody assets with Altruist. Not necessarily. The transaction still needs to close, and its longer-term impact will take time to emerge. But for advisors evaluating custodians, independence, or the value they receive from existing partners, the acquisition adds another factor to consider as the competitive landscape evolves. NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Related Resources  Rise and Reinvent: Joe Duran on Building and Rebuilding World-Class Firms From Insurance Sales to $8B RIA: A Northwestern Mutual Breakaway Story Diamond Consultants 4th Annual Advisor Transition Report View the transcript of this episode… Vanguard Acquires Altruist: What It Means for RIAs, Custody & Breakaway Advisors With Louis Diamond Louis Diamond (00:06): Welcome to the latest episode of our podcast series for financial advisors. Today’s episode is a special rapid reaction industry update, Vanguard acquires Altruist, what it means for advisors in the industry. I’m Louis Diamond, and this is The Diamond Podcast for Financial Advisors. Mindy Diamond (00:28): At Diamond Consultants, we help elite advisors identify the right environment for their businesses to thrive, whether that’s at a wirehouse, boutique, or independent firm. With nearly three decades of experience, we’ve guided thousands of advisors and represented more than a quarter of a trillion dollars in assets transitioned. And each year, one in four advisors managing a billion dollars or more who change firms are our clients. Our process is education driven and based on building relationships, starting as your strategic partner well before you’re even thinking of a move. To schedule a confidential conversation, call us at 908-879-1002. (01:21): Wondering why advisors change firms and where they’re headed? Are transition deals going up or down? Those very questions and more inspired us to create our annual advisor transition report. It’s the award-winning data-driven resource designed for advisors that connects the dots between the motivations around movement and the firm’s appetite for top talent. Arm yourself with the knowledge you need to make smart decisions. Download your copy at diamond-consultants.com/transitionreport. Louis Diamond (02:05): Funny how the biggest news in the business almost never comes from the firms everyone is watching. On Wednesday, August 26th, 2026, Vanguard announced its acquiring Altruist. If you asked me a year ago to name the company most likely to buy an RIA custodian, Vanguard would not have been near the top of my list. Vanguard was in the RIA custody business once. They left in 2003 and handed roughly $120 billion of advisor assets to TD Ameritrade on the way out. 23 years later, they’re buying their way back in, reported $4 billion or more. So let’s talk about what happened, why it matters, and where I think it goes from here. (02:48): What happened? On August 26th, 2026, a definitive agreement was announced out of Valley Forge, Pennsylvania. A deal is closing later this year where Vanguard is acquiring Altruist, the relative upstart RIA custodian. The price, an undisclosed number, but a reported $4 billion, some outlets reporting $4.6 billion or more. Either way, more than double their last private market valuation at the end of April 2025. Another element is Altruist is staying as a standalone. They’ll keep their brand, CEO, management team, and operate the same model just as a wholly owned subsidiary of Vanguard. Altruist in one breath, for those unaware, was a custodian and fintech company founded in 2018 by Jason Wenk. They became a self-clearing custodian, third largest as far as number of advisors served, north of 6,000 advisors, and had a reputation for serving smaller or upstart advisors, but recently started getting into more of the larger market breakaway space. (03:53): One estimate I’ve seen peg’s Altruist market share of RIA custody at around 6%, but you compare that to about three quarters of the market for Schwab and Fidelity combined. So a relatively small player, but a rapidly emerging player and threat in US RIA custody. This is not the first time Vanguard has been involved with Altruist. They reportedly were an early investor in Altruist back in 2020 and former Vanguard CEO, Bill McNabb, has been on the board of Altruist, so a lot of history between the firms. Let’s get into now why I think this is interesting for the industry as a whole. In my view, custody has never really been all that competitive, especially since TD Ameritrade sold to Schwab. You really had an oligopoly between Schwab and Fidelity. Sure, there’s a number of compelling, say more boutique custodians, whether Pershing Advisor Solutions, Goldman Sachs, which was another newer entrant to custody, LPL, Raymond James, First Clearing, and a number of others are also in the space, but it is a market that is dramatically dominated by the two largest players. (05:01): So I think this matters because you add an amazing venerable brand and reputation of Vanguard with this scrappy upstart custodian, and all of a sudden you can see a world where custody is one of the more competitive spaces in the industry. Altruist, in my view too, was one of the first credible challengers to the incumbent custodians in 20-ish years. Goldman has since picked up some decent market share and certainly they’re attractive for the segment of advisors. But Altruist with their tech-forward approach, low fees, and even just the way they went to market as an antagonist to Schwab and Fidelity, they’re a big deal and I think this just magnifies what they’re able to do. The gap though for Altruist was brand and reputation. Sure, they had amazing tech. No one ever has doubted that. Hazel AI, which they recently launched has been very well received. (05:55): Advisors I’ve worked with who have demoed the platform are incredibly impressed. The big Achilles heel though for Altruist has been my clients don’t know who Altruist is. Why would my clients put their millions of dollars of wealth with a self-clearing custodian that doesn’t have the same scale or reputation as the incumbent custodians? Well, that really goes away here. And at the end of the day, custody is really a trust business, but you’d have to think that a client would trust their assets held with Vanguard or with Altruist through Vanguard in a very similar way that they would trust assets held by Bank of New York Mellon or Charles Schwab or Fidelity Investments or Goldman Sachs. So to me, Vanguard acquiring Altruist solves that problem in one sentence, very simple. Why I think this makes sense for Vanguard? Salim Ramji, the CEO of Vanguard, has been saying since he arrived from BlackRock two years ago that only one in five Americans work with a fee-based financial advisor and that quality advice shouldn’t be a luxury good and this shortage is only going to get worse as advisors retire. (07:00): This is really him putting his money where his mouth is and really trying to make financial advice, human directed financial advice more accessible to everyday Americans and the upper echelons of wealth in this country. Vanguard as a company has over 50 million reported investors and over 12 trillion in assets. A lot of these people want Vanguard advice, but Vanguard hasn’t had the manpower or the capacity to deliver it itself. Buying Altruist over time can certainly solve that capacity gap and make it so that a human-based financial advisor or any of Vanguard’s internal platforms now have a greater ability to provide advice to Americans looking for financial advisors in the United States. I think this also means more distribution capability for Vanguard funds. Not that Vanguard has ever had a problem with distribution. They have a relatively small wholesaling force compared to other firms, but given their cost and reputation and performance, they’re really on pretty much every platform. (08:04): Most advisors have some clients that are invested into Vanguard mutual funds or ETFs, but this I think just gives them a greater ability to distribute Vanguard products, probably in a similar way to Goldman’s approach. When Goldman entered US RIA custody, in large part, they were doing it for distribution of different things. For Goldman, it was private markets and lending and other types of products. Vanguard is more ETFs and mutual funds, but Vanguard has also been pushing more into the private market space, so I can definitely see a world in which they can ratchet up the distribution of their products in a fairly cost-efficient way. I think to me, the most interesting thing about this marriage is the mission overlap is quite real. When Vanguard started, and to this day, their goal was to provide quality investment products at a fraction of the cost of the incumbents so that investing can be accessible to everyday Americans. (08:59): That’s exactly the verbiage that Jason Wenk and Altruist has used from the beginning, where they want to become a all-in-one hub or tech-enabled custodian so that an advisor, regardless of their size and a client regardless of their AUM, have the ability to get quality advice. I recently listened to a podcast called Acquired. We’ll link it in the show notes, but it’s a three-hour in-depth look into the building of Vanguard. And if you combine that with the podcast episode that I recorded with Jason Wenk, the CEO of Altruist, if you play them side by side, the parallels are eerily similar. So we’ll link both into the show notes, but I really think both of these firms were cut from the same cloth and really from the beginning, both have gone against the grain and tried to rattle incumbent players in the industry. So at least on paper, seems like a very good match. (09:51): Why does this deal make sense for Altruist? For one, for Jason Wenk and his leadership team, this has to be the outcome you drew up, maybe even better. Founding a new custodian in 2018, selling it in 2026, eight years later for over $4 billion, that’s a pretty incredible return on time for this team. They deserve it all and built something special and really entered into a space where no one wanted to venture just given the market share of the major incumbents, but good for them and has to feel good to pull off this type of sale. I think the big thing too is the buyer is the story. Vanguard as a company, it’s investor owned. They’re not private equity owned. They’re not VC backed like Altruist was. So Altruist can get off of the fundraising treadmill. They don’t have to worry about fund life or a five-year hold period or an eventual sale to a strategic. (10:42): Now they can really just focus on the business at hand, having one of the most well-capitalized companies in the world as their capital backer and owner. And every advisor on a PE-backed platform knows the question hanging over every relationship, who owns this next? That’s a question they won’t have to answer anymore at all, and they can really just focus now going forward. I think this also gives Altruist a fortress balance sheet and a ton of capital to keep pushing and developing their Hazel AI platform, which was launched in September 2025. Hazel’s an AI tax planning tool, kind of AI superpower that really has taken the industry by storm and has started to be sold as a standalone product to RIAs. And from what I’ve seen, they’ve sold it to over 1600 new RIAs just in the first month alone for $60 a seat per month, and that’s available to folks if they custody at Altruist or not. (11:36): So this, I think, just gives them an ability to distribute their fintech solutions and certainly develop their custody platform in a way that maybe was challenging or not as possible before. They can also take a longer term view instead of having to worry about they raised a series F, whatever comes after F and an eventual sale, investors wanting to get a return on capital, they can now focus on building over the long term, which has been Vanguard’s strategy all along. I think too, this will give Altruist the ability to invest in new capabilities that they didn’t have before, whether it’s lending or whether it’s more on the product side. It takes a lot to be a custodian. It seems like a relatively straightforward business just holding assets, but there’s a lot of products, solutions, really requirements that everyday investors and RIA clients have, and I think this will just ratchet up Altruist’s ability to close some of the capability gaps that they’ve had since they launched and they’re very transparent about those. (12:33): What I’m most excited about this, just coming from my vantage point in the industry, is why should an advisor care? To me, there’s five things that advisors should really take notice of with this acquisition. First one’s competition. Every time a well-capitalized player shows up, especially in custody, advisors win. Schwab and Fidelity have fought Vanguard in the asset management space for decades, and more recently in financial advice. Now you’re adding custody against a firm that doesn’t need to be profitable the next quarter, and all of a sudden we very much have an arms race and some competition is good for pricing, for service, for innovation, and I think this is going to be only positives for clients across the country, having another competitive option and keeping the incumbents really on their toes. Another reason, the breakaway shortlist has changed. Objection I always heard about Altruist was, “The tech is great, the AI seems cool, but how do I explain the name Altruist to a 68-year-old client who’s leaving Merrill or UBS or Morgan Stanley?” (13:42): While someone may still get some objections because Vanguard may not have the same brand cache as Goldman Sachs or UBS Private Wealth or Merrill Private Wealth, that objection got a lot weaker today. Really, it’s tech-forward independence now without a brand trade-off. It’s a genuinely different offer in the market than it was before. Third, I think this is one that hasn’t been talked about much, but should be watched closely, potential for referrals. Schwab confirmed last week that it was taking the SAN or the Schwab Advisor Network client referral minimum from two million to five million. For anyone not aware, referrals from the retail branches of Schwab and Fidelity are one of the major organic growth funnels for many of the top RIAs in this country and have driven valuations to billions and billions of dollars for firms that are in this program. (14:36): I really do see this as being a potential new massive referral opportunity of Vanguard existing clients and customers to Altruist custody to RIAs at a time when Schwab is trying to keep more of those referrals from themselves, which is a very savvy strategy, but at the same time, probably creates a bit of an opening for Altruist and Vanguard to become a really good referral hub for clients, which is a major draw for signing up new RIAs as clients, for breakaway advisors, et cetera. (15:07): So more details need to come there. We don’t even know if they’re starting a referral channel, but I have to imagine that’s high in the punch list and will be a very compelling offering in the marketplace. Yeah, think about it. Vanguard is 50 million investors and a CEO who said multiple times that they don’t have enough advisors or humans to deliver this advice. So perfect. You now have a massive array of RIAs and more and more coming to the table who offer that advice and being able to still serve them, still keep the assets in-house, but do it in a way where Vanguard doesn’t have to scale up their advisor force. They now have advisors to refer to. Fourth is pricing. I think the Vanguard effect is going to be real here. When Vanguard started, and even to this day, they’ve been the one who’ve pushed down the expense ratio on mutual funds and ETFs. (15:56): It’s been a massive benefit to investors across this country. It’s been Altruist’s playbook all along too, more focused on the advisor, so offering amazing tech and a custody platform for virtually no cost to an advisor. So I would say whatever you’re paying for technology, for custody, and really anything else that Altruist and Vanguard might touch, I would expect it to go down potentially and just have more pressures on the incumbent firms to really sharpen their pencil or to get more creative on pricing and innovation. I think that the fifth thing to keep in mind is Schwab has long used its scale and positioning in the market to best competitors, whether it was going to $0 on tickets for equities and ETFs, et cetera, a number of years ago or a number of other strategies they’ve taken. Now you have a firm that has similar scale as Schwab, a reputation for playing the long game and being comfortable making less money in the process. (16:54): So again, massive benefit to the advisors to have another major player driving down costs and increasing innovation in the space. But this is not all positives. As with anything, there’s the good and the bad, and also some open questions. The biggest, I think, downside or potential thing to watch here, and certainly if you are a BDO at a custodian, this is the line you’re using, “Vanguard has its own advice business, personal advisor, digital advisor, and a CEO who stated that his goal is that an advisor is in every investor’s pocket.” So now you have the custodian that’s holding your client’s assets also running one of the largest advice operations in the country. We’ve heard this concern in the past about Schwab or Fidelity where you have RA custody and then these firms have massive retail distribution networks. So certainly Vanguard, I think, will be in the same lane. (17:46): And if you look at a Pershing or an LPL or Raymond James, it’s a little bit different because they don’t have their own channels in the same way that Schwab or Fidelity do. So certainly if you’re BNY Mellon in particular, which is a straight B2B custodian, this is a clear point of differentiation for Vanguard, Altruist and certainly versus the other custodians. Next one is Vanguard has said that Altruist will remain a standalone business. The brand will stay intact, the management team, et cetera. But in fairness, every acquirer says versions of the same thing. The real test is let’s wait two years, three years and see how converging roles or similar roles across the firm start to converge into one, and over time will they more Altruist brand and human capital into one structure. (18:36): Right now we don’t know, but I’m always a bit skeptical with acquisitions that you have the honeymoon period, takes time for the deals to close, and then what happens a couple of years down the line? Either as there’s new executives in charge, there’s turnover, or just there’s certain synergies that can be had, and the best way to do it is by combining operations and the like. (18:56): The next risk, I think it might sound a little bit mundane, but it’s culture and speed. Vanguard based in Valley Forge, Pennsylvania, Altruist in LA, very different cultures. Altruist as a fintech company has been superfast to market, building, breaking things, innovating. And Vanguard, I think they’ve been extremely innovative on pricing, on product development, but I’ve never heard amazing reviews about Vanguard’s technology. So does this convergence of cultures create an issue? Does it create more bureaucracy for Altruist trying to build stuff? Is there a cultural mismatch when it comes to speed of market and innovation? And I think the last thing to keep in mind or to watch is the talent drainage at Altruist post-closing. Yes, I was a FinTech company and custodian offering equity, lots of upside for people that have taken this journey with them. Vanguard notoriously is the opposite. They don’t offer equity to anyone and they offer their employees high base salaries and you have a culture of longevity within the firm. (20:00): So after the lockup period is done for, or the earn out period is done for any Altruist equity owners and many of their employees, does that cause some talent drainage where folks want to go onto the next big thing, think what will happen to all the amazing SpaceX employees a year from now when their IPO lockups are done? Does that lead them to another opportunity? All these are questions I don’t know, but trying to play devil’s advocate. I think the biggest potential negative is just the Vanguard advice business as a competitor, a conflict to RIA custody. Let me give you a couple of predictions before we wrap here. I think Schwab and Fidelity will respond fast, whether it’s on the AI front or because the pressure is really on. I don’t know, maybe the $5 million referral minimum that Schwab just announced, maybe that sunsets after a period of time. I have no idea. (20:53): I’m also excited to see, we’ll call it the tech face off between Altruist and Robinhood. Robinhood acquired TradePMR, which is on the Wells Fargo First Clearing platform and is in the process of launching an RIA custodian themselves. So now you have, I think, two pretty incredible tech-forward custodians really trying to gain market share, so that will be fun to watch. Could there be a threat in the RIA platform space? So RIA platforms meaning RIAs, we call them supportive versions of independence, where advisors can plug into, they get technology, compliance, operations, et cetera, and still own their business. Given the end-to-end tech stack that Altruist boasts, and they’ve also been in development of their own corporate RIA, does that become that much more of a competitive feature that could possibly become a solution in and of itself that takes a dent out of these RIA platforms playbook? (21:45): I don’t know, but I think it’s possible. Altruist Hazel AI, does that push even well beyond custody? There’s a ton of AI and fintechs popping up around the industry. Hazel has certainly taken a lot of headlines and attention. With Vanguard behind it now, does that push the price lower? Does it help their distribution? Maybe you picture this, if you have a Vanguard-owned product sitting in the daily workflow of a competitor’s advisors, so let’s say you’re a Morgan Stanley, you’re a Schwab advisor, et cetera, do you now have a Vanguard-owned product in Hazel as part of your workflow or your fintech stack? Could be interesting. I will call a referral channel for Vanguard or Altruist, we’ll say within the next year or two. I think it would be crazy if that didn’t happen and that will be a massive disruptor. And finally, my prediction is more breakaways landing in Altruist. They’ve started to crack that door, but now with the powerful brand and reputation behind them, the sky’s probably the limit. (22:44): So in closing, a guy, Jason Wenk, started a company in 2018 in Los Angeles because he thought independent advisors deserve better software at a lower price. Eight years later, one of the most respected financial institutions in the world paid $4 billion for it, and the reason is he was right in that bet. There are always innovators showing up from outside the establishment, and every time one succeeds, advisors end up with more options and more leverage and more negotiating power than they had the year before. It’s a consistent theme across the industry. So nothing changes tomorrow, deals take time, deals have a way of falling apart, but if you’re evaluating custodians, thinking about independence for the first time, wondering whether your current partner is going to keep earning your business, today is a good day to reopen that question. And if you’re an advisor, I think cheer this on and be excited. (23:42): And as a industry participant, I am very excited to see how this deal takes hold and how this pushes the rest of the industry to innovate and continue to be better. So that’s it for today. Thank you for hearing my ramblings, and I’ll see you next time. Mindy Diamond (24:02): As a financial advisor, you hold yourself to the highest standards of integrity, honesty, and credibility. You are successful because you take your professional responsibilities seriously and are dedicated to your clients, but are you living your best business life? Are your goals aligned with your firms or could a better option exist? Should I Stay Or Should I Go? Is a book written with you in mind. It’s a self-guided journey that walks you through the key steps that we take with our advisor clients. This strategic thought process and roadmap to professional self-discovery is designed to help you ask the right questions and think critically and objectively, whether you’re considering change or not. Learn how to get your copy at diamond-consultants.com/thebook.   Vanguard Acquires Altruist: What It Means for RIAs, Custody & Breakaway Advisors With Louis Diamond Louis Diamond (00:06): Welcome to the latest episode of our podcast series for financial advisors. Today’s episode is a special rapid reaction industry update, Vanguard acquires Altruist, what it means for advisors in the industry. I’m Louis Diamond, and this is The Diamond Podcast for Financial Advisors. Mindy Diamond (00:28): At Diamond Consultants, we help elite advisors identify the right environment for their businesses to thrive, whether that’s at a wirehouse, boutique, or independent firm. With nearly three decades of experience, we’ve guided thousands of advisors and represented more than a quarter of a trillion dollars in assets transitioned. And each year, one in four advisors managing a billion dollars or more who change firms are our clients. Our process is education driven and based on building relationships, starting as your strategic partner well before you’re even thinking of a move. To schedule a confidential conversation, call us at 908-879-1002. (01:21): Wondering why advisors change firms and where they’re headed? Are transition deals going up or down? Those very questions and more inspired us to create our annual advisor transition report. It’s the award-winning data-driven resource designed for advisors that connects the dots between the motivations around movement and the firm’s appetite for top talent. Arm yourself with the knowledge you need to make smart decisions. Download your copy at diamond-consultants.com/transitionreport. Louis Diamond (02:05): Funny how the biggest news in the business almost never comes from the firms everyone is watching. On Wednesday, August 26th, 2026, Vanguard announced its acquiring Altruist. If you asked me a year ago to name the company most likely to buy an RIA custodian, Vanguard would not have been near the top of my list. Vanguard was in the RIA custody business once. They left in 2003 and handed roughly $120 billion of advisor assets to TD Ameritrade on the way out. 23 years later, they’re buying their way back in, reported $4 billion or more. So let’s talk about what happened, why it matters, and where I think it goes from here. (02:48): What happened? On August 26th, 2026, a definitive agreement was announced out of Valley Forge, Pennsylvania. A deal is closing later this year where Vanguard is acquiring Altruist, the relative upstart RIA custodian. The price, an undisclosed number, but a reported $4 billion, some outlets reporting $4.6 billion or more. Either way, more than double their last private market valuation at the end of April 2025. Another element is Altruist is staying as a standalone. They’ll keep their brand, CEO, management team, and operate the same model just as a wholly owned subsidiary of Vanguard. Altruist in one breath, for those unaware, was a custodian and fintech company founded in 2018 by Jason Wenk. They became a self-clearing custodian, third largest as far as number of advisors served, north of 6,000 advisors, and had a reputation for serving smaller or upstart advisors, but recently started getting into more of the larger market breakaway space. (03:53): One estimate I’ve seen peg’s Altruist market share of RIA custody at around 6%, but you compare that to about three quarters of the market for Schwab and Fidelity combined. So a relatively small player, but a rapidly emerging player and threat in US RIA custody. This is not the first time Vanguard has been involved with Altruist. They reportedly were an early investor in Altruist back in 2020 and former Vanguard CEO, Bill McNabb, has been on the board of Altruist, so a lot of history between the firms. Let’s get into now why I think this is interesting for the industry as a whole. In my view, custody has never really been all that competitive, especially since TD Ameritrade sold to Schwab. You really had an oligopoly between Schwab and Fidelity. Sure, there’s a number of compelling, say more boutique custodians, whether Pershing Advisor Solutions, Goldman Sachs, which was another newer entrant to custody, LPL, Raymond James, First Clearing, and a number of others are also in the space, but it is a market that is dramatically dominated by the two largest players. (05:01): So I think this matters because you add an amazing venerable brand and reputation of Vanguard with this scrappy upstart custodian, and all of a sudden you can see a world where custody is one of the more competitive spaces in the industry. Altruist, in my view too, was one of the first credible challengers to the incumbent custodians in 20-ish years. Goldman has since picked up some decent market share and certainly they’re attractive for the segment of advisors. But Altruist with their tech-forward approach, low fees, and even just the way they went to market as an antagonist to Schwab and Fidelity, they’re a big deal and I think this just magnifies what they’re able to do. The gap though for Altruist was brand and reputation. Sure, they had amazing tech. No one ever has doubted that. Hazel AI, which they recently launched has been very well received. (05:55): Advisors I’ve worked with who have demoed the platform are incredibly impressed. The big Achilles heel though for Altruist has been my clients don’t know who Altruist is. Why would my clients put their millions of dollars of wealth with a self-clearing custodian that doesn’t have the same scale or reputation as the incumbent custodians? Well, that really goes away here. And at the end of the day, custody is really a trust business, but you’d have to think that a client would trust their assets held with Vanguard or with Altruist through Vanguard in a very similar way that they would trust assets held by Bank of New York Mellon or Charles Schwab or Fidelity Investments or Goldman Sachs. So to me, Vanguard acquiring Altruist solves that problem in one sentence, very simple. Why I think this makes sense for Vanguard? Salim Ramji, the CEO of Vanguard, has been saying since he arrived from BlackRock two years ago that only one in five Americans work with a fee-based financial advisor and that quality advice shouldn’t be a luxury good and this shortage is only going to get worse as advisors retire. (07:00): This is really him putting his money where his mouth is and really trying to make financial advice, human directed financial advice more accessible to everyday Americans and the upper echelons of wealth in this country. Vanguard as a company has over 50 million reported investors and over 12 trillion in assets. A lot of these people want Vanguard advice, but Vanguard hasn’t had the manpower or the capacity to deliver it itself. Buying Altruist over time can certainly solve that capacity gap and make it so that a human-based financial advisor or any of Vanguard’s internal platforms now have a greater ability to provide advice to Americans looking for financial advisors in the United States. I think this also means more distribution capability for Vanguard funds. Not that Vanguard has ever had a problem with distribution. They have a relatively small wholesaling force compared to other firms, but given their cost and reputation and performance, they’re really on pretty much every platform. (08:04): Most advisors have some clients that are invested into Vanguard mutual funds or ETFs, but this I think just gives them a greater ability to distribute Vanguard products, probably in a similar way to Goldman’s approach. When Goldman entered US RIA custody, in large part, they were doing it for distribution of different things. For Goldman, it was private markets and lending and other types of products. Vanguard is more ETFs and mutual funds, but Vanguard has also been pushing more into the private market space, so I can definitely see a world in which they can ratchet up the distribution of their products in a fairly cost-efficient way. I think to me, the most interesting thing about this marriage is the mission overlap is quite real. When Vanguard started, and to this day, their goal was to provide quality investment products at a fraction of the cost of the incumbents so that investing can be accessible to everyday Americans. (08:59): That’s exactly the verbiage that Jason Wenk and Altruist has used from the beginning, where they want to become a all-in-one hub or tech-enabled custodian so that an advisor, regardless of their size and a client regardless of their AUM, have the ability to get quality advice. I recently listened to a podcast called Acquired. We’ll link it in the show notes, but it’s a three-hour in-depth look into the building of Vanguard. And if you combine that with the podcast episode that I recorded with Jason Wenk, the CEO of Altruist, if you play them side by side, the parallels are eerily similar. So we’ll link both into the show notes, but I really think both of these firms were cut from the same cloth and really from the beginning, both have gone against the grain and tried to rattle incumbent players in the industry. So at least on paper, seems like a very good match. (09:51): Why does this deal make sense for Altruist? For one, for Jason Wenk and his leadership team, this has to be the outcome you drew up, maybe even better. Founding a new custodian in 2018, selling it in 2026, eight years later for over $4 billion, that’s a pretty incredible return on time for this team. They deserve it all and built something special and really entered into a space where no one wanted to venture just given the market share of the major incumbents, but good for them and has to feel good to pull off this type of sale. I think the big thing too is the buyer is the story. Vanguard as a company, it’s investor owned. They’re not private equity owned. They’re not VC backed like Altruist was. So Altruist can get off of the fundraising treadmill. They don’t have to worry about fund life or a five-year hold period or an eventual sale to a strategic. (10:42): Now they can really just focus on the business at hand, having one of the most well-capitalized companies in the world as their capital backer and owner. And every advisor on a PE-backed platform knows the question hanging over every relationship, who owns this next? That’s a question they won’t have to answer anymore at all, and they can really just focus now going forward. I think this also gives Altruist a fortress balance sheet and a ton of capital to keep pushing and developing their Hazel AI platform, which was launched in September 2025. Hazel’s an AI tax planning tool, kind of AI superpower that really has taken the industry by storm and has started to be sold as a standalone product to RIAs. And from what I’ve seen, they’ve sold it to over 1600 new RIAs just in the first month alone for $60 a seat per month, and that’s available to folks if they custody at Altruist or not. (11:36): So this, I think, just gives them an ability to distribute their fintech solutions and certainly develop their custody platform in a way that maybe was challenging or not as possible before. They can also take a longer term view instead of having to worry about they raised a series F, whatever comes after F and an eventual sale, investors wanting to get a return on capital, they can now focus on building over the long term, which has been Vanguard’s strategy all along. I think too, this will give Altruist the ability to invest in new capabilities that they didn’t have before, whether it’s lending or whether it’s more on the product side. It takes a lot to be a custodian. It seems like a relatively straightforward business just holding assets, but there’s a lot of products, solutions, really requirements that everyday investors and RIA clients have, and I think this will just ratchet up Altruist’s ability to close some of the capability gaps that they’ve had since they launched and they’re very transparent about those. (12:33): What I’m most excited about this, just coming from my vantage point in the industry, is why should an advisor care? To me, there’s five things that advisors should really take notice of with this acquisition. First one’s competition. Every time a well-capitalized player shows up, especially in custody, advisors win. Schwab and Fidelity have fought Vanguard in the asset management space for decades, and more recently in financial advice. Now you’re adding custody against a firm that doesn’t need to be profitable the next quarter, and all of a sudden we very much have an arms race and some competition is good for pricing, for service, for innovation, and I think this is going to be only positives for clients across the country, having another competitive option and keeping the incumbents really on their toes. Another reason, the breakaway shortlist has changed. Objection I always heard about Altruist was, “The tech is great, the AI seems cool, but how do I explain the name Altruist to a 68-year-old client who’s leaving Merrill or UBS or Morgan Stanley?” (13:42): While someone may still get some objections because Vanguard may not have the same brand cache as Goldman Sachs or UBS Private Wealth or Merrill Private Wealth, that objection got a lot weaker today. Really, it’s tech-forward independence now without a brand trade-off. It’s a genuinely different offer in the market than it was before. Third, I think this is one that hasn’t been talked about much, but should be watched closely, potential for referrals. Schwab confirmed last week that it was taking the SAN or the Schwab Advisor Network client referral minimum from two million to five million. For anyone not aware, referrals from the retail branches of Schwab and Fidelity are one of the major organic growth funnels for many of the top RIAs in this country and have driven valuations to billions and billions of dollars for firms that are in this program. (14:36): I really do see this as being a potential new massive referral opportunity of Vanguard existing clients and customers to Altruist custody to RIAs at a time when Schwab is trying to keep more of those referrals from themselves, which is a very savvy strategy, but at the same time, probably creates a bit of an opening for Altruist and Vanguard to become a really good referral hub for clients, which is a major draw for signing up new RIAs as clients, for breakaway advisors, et cetera. (15:07): So more details need to come there. We don’t even know if they’re starting a referral channel, but I have to imagine that’s high in the punch list and will be a very compelling offering in the marketplace. Yeah, think about it. Vanguard is 50 million investors and a CEO who said multiple times that they don’t have enough advisors or humans to deliver this advice. So perfect. You now have a massive array of RIAs and more and more coming to the table who offer that advice and being able to still serve them, still keep the assets in-house, but do it in a way where Vanguard doesn’t have to scale up their advisor force. They now have advisors to refer to. Fourth is pricing. I think the Vanguard effect is going to be real here. When Vanguard started, and even to this day, they’ve been the one who’ve pushed down the expense ratio on mutual funds and ETFs. (15:56): It’s been a massive benefit to investors across this country. It’s been Altruist’s playbook all along too, more focused on the advisor, so offering amazing tech and a custody platform for virtually no cost to an advisor. So I would say whatever you’re paying for technology, for custody, and really anything else that Altruist and Vanguard might touch, I would expect it to go down potentially and just have more pressures on the incumbent firms to really sharpen their pencil or to get more creative on pricing and innovation. I think that the fifth thing to keep in mind is Schwab has long used its scale and positioning in the market to best competitors, whether it was going to $0 on tickets for equities and ETFs, et cetera, a number of years ago or a number of other strategies they’ve taken. Now you have a firm that has similar scale as Schwab, a reputation for playing the long game and being comfortable making less money in the process. (16:54): So again, massive benefit to the advisors to have another major player driving down costs and increasing innovation in the space. But this is not all positives. As with anything, there’s the good and the bad, and also some open questions. The biggest, I think, downside or potential thing to watch here, and certainly if you are a BDO at a custodian, this is the line you’re using, “Vanguard has its own advice business, personal advisor, digital advisor, and a CEO who stated that his goal is that an advisor is in every investor’s pocket.” So now you have the custodian that’s holding your client’s assets also running one of the largest advice operations in the country. We’ve heard this concern in the past about Schwab or Fidelity where you have RA custody and then these firms have massive retail distribution networks. So certainly Vanguard, I think, will be in the same lane. (17:46): And if you look at a Pershing or an LPL or Raymond James, it’s a little bit different because they don’t have their own channels in the same way that Schwab or Fidelity do. So certainly if you’re BNY Mellon in particular, which is a straight B2B custodian, this is a clear point of differentiation for Vanguard, Altruist and certainly versus the other custodians. Next one is Vanguard has said that Altruist will remain a standalone business. The brand will stay intact, the management team, et cetera. But in fairness, every acquirer says versions of the same thing. The real test is let’s wait two years, three years and see how converging roles or similar roles across the firm start to converge into one, and over time will they more Altruist brand and human capital into one structure. (18:36): Right now we don’t know, but I’m always a bit skeptical with acquisitions that you have the honeymoon period, takes time for the deals to close, and then what happens a couple of years down the line? Either as there’s new executives in charge, there’s turnover, or just there’s certain synergies that can be had, and the best way to do it is by combining operations and the like. (18:56): The next risk, I think it might sound a little bit mundane, but it’s culture and speed. Vanguard based in Valley Forge, Pennsylvania, Altruist in LA, very different cultures. Altruist as a fintech company has been superfast to market, building, breaking things, innovating. And Vanguard, I think they’ve been extremely innovative on pricing, on product development, but I’ve never heard amazing reviews about Vanguard’s technology. So does this convergence of cultures create an issue? Does it create more bureaucracy for Altruist trying to build stuff? Is there a cultural mismatch when it comes to speed of market and innovation? And I think the last thing to keep in mind or to watch is the talent drainage at Altruist post-closing. Yes, I was a FinTech company and custodian offering equity, lots of upside for people that have taken this journey with them. Vanguard notoriously is the opposite. They don’t offer equity to anyone and they offer their employees high base salaries and you have a culture of longevity within the firm. (20:00): So after the lockup period is done for, or the earn out period is done for any Altruist equity owners and many of their employees, does that cause some talent drainage where folks want to go onto the next big thing, think what will happen to all the amazing SpaceX employees a year from now when their IPO lockups are done? Does that lead them to another opportunity? All these are questions I don’t know, but trying to play devil’s advocate. I think the biggest potential negative is just the Vanguard advice business as a competitor, a conflict to RIA custody. Let me give you a couple of predictions before we wrap here. I think Schwab and Fidelity will respond fast, whether it’s on the AI front or because the pressure is really on. I don’t know, maybe the $5 million referral minimum that Schwab just announced, maybe that sunsets after a period of time. I have no idea. (20:53): I’m also excited to see, we’ll call it the tech face off between Altruist and Robinhood. Robinhood acquired TradePMR, which is on the Wells Fargo First Clearing platform and is in the process of launching an RIA custodian themselves. So now you have, I think, two pretty incredible tech-forward custodians really trying to gain market share, so that will be fun to watch. Could there be a threat in the RIA platform space? So RIA platforms meaning RIAs, we call them supportive versions of independence, where advisors can plug into, they get technology, compliance, operations, et cetera, and still own their business. Given the end-to-end tech stack that Altruist boasts, and they’ve also been in development of their own corporate RIA, does that become that much more of a competitive feature that could possibly become a solution in and of itself that takes a dent out of these RIA platforms playbook? (21:45): I don’t know, but I think it’s possible. Altruist Hazel AI, does that push even well beyond custody? There’s a ton of AI and fintechs popping up around the industry. Hazel has certainly taken a lot of headlines and attention. With Vanguard behind it now, does that push the price lower? Does it help their distribution? Maybe you picture this, if you have a Vanguard-owned product sitting in the daily workflow of a competitor’s advisors, so let’s say you’re a Morgan Stanley, you’re a Schwab advisor, et cetera, do you now have a Vanguard-owned product in Hazel as part of your workflow or your fintech stack? Could be interesting. I will call a referral channel for Vanguard or Altruist, we’ll say within the next year or two. I think it would be crazy if that didn’t happen and that will be a massive disruptor. And finally, my prediction is more breakaways landing in Altruist. They’ve started to crack that door, but now with the powerful brand and reputation behind them, the sky’s probably the limit. (22:44): So in closing, a guy, Jason Wenk, started a company in 2018 in Los Angeles because he thought independent advisors deserve better software at a lower price. Eight years later, one of the most respected financial institutions in the world paid $4 billion for it, and the reason is he was right in that bet. There are always innovators showing up from outside the establishment, and every time one succeeds, advisors end up with more options and more leverage and more negotiating power than they had the year before. It’s a consistent theme across the industry. So nothing changes tomorrow, deals take time, deals have a way of falling apart, but if you’re evaluating custodians, thinking about independence for the first time, wondering whether your current partner is going to keep earning your business, today is a good day to reopen that question. And if you’re an advisor, I think cheer this on and be excited. (23:42): And as a industry participant, I am very excited to see how this deal takes hold and how this pushes the rest of the industry to innovate and continue to be better. So that’s it for today. Thank you for hearing my ramblings, and I’ll see you next time. Mindy Diamond (24:02): As a financial advisor, you hold yourself to the highest standards of integrity, honesty, and credibility. You are successful because you take your professional responsibilities seriously and are dedicated to your clients, but are you living your best business life? Are your goals aligned with your firms or could a better option exist? Should I Stay Or Should I Go? Is a book written with you in mind. It’s a self-guided journey that walks you through the key steps that we take with our advisor clients. This strategic thought process and roadmap to professional self-discovery is designed to help you ask the right questions and think critically and objectively, whether you’re considering change or not. Learn how to get your copy at diamond-consultants.com/thebook.  

On this bonus episode of Good Morning Hospitality, A Skift Podcast, Wil Slickers sits down with Dan Gaertner, CEO of VayKLife, to break the news that VayKLife has acquired Xplorie, bringing gear and amenities together with local activities and experiences under one platform for vacation rental managers. Dan walks through why the deal happened now, what the combined platform means for VRMs on day one, and why he believes pairing physical gear with curated experiences is one of the most powerful ways for property managers to differentiate in a market where AI is making every listing look the same. Backed by Fort Point Capital, VayKLife is betting that the guest experience layer, the bikes staged at the door, the $250 spending spree on local attractions, the dinner shows and golf tees, is where the next generation of five-star reviews and repeat guests actually comes from. Learn more at vayklife.com.

Early testers are raving about what Instinct can do, but some say the AI assistant's sweeping access, broad terms and ability to act on users' behalf come with uncomfortable trade-offs Also, Hugging Face has reportedly been fielding acquisition offers that would value the company at around $13B. But with the founders' feeling of responsibility to community, doubts arise as to whether a sale will happen. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Plus - Flock CEO calls for ‘compromise' as surveillance company faces growing backlash; Two years after launch, Walmart's Flipkart is closing in on India's quick-commerce leaders Learn more about your ad choices. Visit podcastchoices.com/adchoices

What does it tell you about a company when every single person it hires, in every function, has to pass the same interview about culture?In this episode of Supra Insider, Marc Baselga and Ben Erez set the guest format aside for a conversation Marc started because he noticed something new. After two years of coaching people through interview loops, this was the first time he'd seen Ben genuinely fascinated by one specific interview at one specific company. Ben walks through what he's pieced together about Anthropic's culture interview: the no-exceptions policy, the rapid-fire format of ten or more questions in a single 45-minute slot, and the fact that anyone at the company, from marketing to IT, can be trained to run it.They explore the questions that actually get asked, what Ben believes is being evaluated underneath them, why “why Anthropic” demands more depth than the same question anywhere else, and whether the filter holds as the company gets hotter and more candidates learn to say the right things. Then they turn to the question Ben finds most interesting: why almost no other company does this, and what happens inside a company when employees are calibrated to evaluate culture.If you're preparing for an interview at a frontier lab, thinking about how your own company screens for values, or just curious what a well-designed culture filter looks like from the outside, this episode is for you.All episodes of the podcast are also available on Spotify, Apple and YouTube.New to the pod? Subscribe below to get the next episode in your inbox

92.3 The Fan presents a selection of conversations about the Cavs from during the past week by The Ken Carman Show with Anthony Lima, Baskin & Phelps, and The Afternoon Drive. The guys discuss the addition of Peyton Watson, and whether Watson changes this team's overall outlook. Plus, thoughts on James Harden's new three-year, $90 million extension.

92.3 The Fan presents a selection of conversations about the Cavs from during the past week by The Ken Carman Show with Anthony Lima, Baskin & Phelps, and The Afternoon Drive. The guys discuss the addition of Peyton Watson, and whether Watson changes this team's overall outlook. Plus, thoughts on James Harden's new three-year, $90 million extension.

92.3 The Fan presents a selection of conversations about the Cavs from during the past week by The Ken Carman Show with Anthony Lima, Baskin & Phelps, and The Afternoon Drive. The guys discuss the addition of Peyton Watson, and whether Watson changes this team's overall outlook. Plus, thoughts on James Harden's new three-year, $90 million extension.

On this special "Talking with TC" - Terry and co-host John Arezzi welcome Sammy Stafura - obtained by the Mets from the Pirates in a one on one trade for Luke Weaver. A New York native, and the #8 prospect in the Mets organization currently plays for the Brooklyn Cyclones of the High A South Atlantic League (and was their most recent player of the month). Sammy grew up a die hard Mets fan who had his dreams come true at the Trade deadline coming to the organization he grew up with and loved. A feel good story and someone Terry really enjoyed getting to know on this exclusive interview. Subscribe to our YouTube Channel or watch any of our episodes here: ⁠https://www.youtube.com/@TheTerryCollinsShow Subscribe to the Terry Collins show on your favorite podcast platform Follow The Terry Collins Show: ⁠X: https://x.com/TerryCollins_10⁠ Instagram: ⁠ https://www.instagram.com/terrycollins_10/ Facebook: https://www.facebook.com/theterrycollinsshow/ Follow John Arezzi on X: ⁠⁠⁠⁠⁠https://x.com/johnarezzi⁠⁠⁠⁠⁠ Follow John Arezzi on Instagram: ⁠⁠⁠⁠⁠ https://www.instagram.com/johnarezzi Donate $11 a month to now help first responders, veterans and our military heroes. Go to Tunnel to Towers and help them do good: ⁠⁠⁠⁠⁠https://t2t.org/⁠⁠⁠⁠⁠ Check out some AMAZIN Mets Memorabilia from our friends at Coachs Collectibles here: ⁠https://coachscollectiblesny.com/⁠ Host: Terry Collins Co-Host: John Arezzi Creative Director: Marsh Researcher - Dominic DiBiase Executive Producer: John Arezzi Learn more about your ad choices. Visit megaphone.fm/adchoices

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Justin M. Lee. Purpose of the Interview To showcase Dr. Lee’s journey from a young real estate agent to a multi-industry entrepreneur. To inspire listeners with strategies for wealth-building through real estate, construction, and logistics. To encourage financial literacy, ownership, and collaboration within underserved communities. To issue a call to action for minorities to explore opportunities like Amazon DSP and real estate investment. Key Takeaways Early Career & Education Started young in real estate, embraced discomfort in rooms dominated by older professionals. Leveraged millennial tech skills (social media marketing) to help veteran brokers grow. Earned a doctorate degree and became a licensed real estate broker. Social Media as a Business Tool Built a strong presence on TikTok (90K followers) and other platforms. Helped older real estate firms thrive by creating digital visibility. Emphasized that “business must look as good online as in person.” Financial Literacy & Homeownership African-American communities often lack foundational financial knowledge. Key barriers: misunderstanding credit, fear of debt, and lack of exposure to ownership benefits. Advocates teaching the difference between good debt (real estate) and bad debt (consumer credit). Real Estate Process Initial onboarding: credit score, income, tax filing. Connect clients with lenders, secure pre-approval, then negotiate and close within 30–45 days. Uses property tours as motivation even for those not yet approved. Pooling Resources for Wealth Industry dominated by white men and foreign investors who use syndication. Dr. Lee created a private family fund with fraternity brothers and friends. Acquired 150+ apartment units and commercial properties by pooling resources and forming LLCs. Amazon DSP Opportunity Owns an Amazon Delivery Service Partner business (42 trucks, 200 employees). Offers minorities a chance to apply for DSP with $10K grant. Taught him true CEO skills: HR, payroll, compliance, and scaling operations. Construction Business Entered construction after experiencing exploitation in fix-and-flip projects. Learned the business side (permits, change orders) and got licensed. Built major projects like a 10,000 sq. ft. restaurant in Atlanta. Advocates for Black representation in construction, an industry dominated by whites and Hispanics. Personal Background Raised in New Orleans during Katrina by a single mother and grandparents. Mother invested FEMA checks into real estate, teaching him property management and renovation skills early. Believes knowledge is power and emphasizes planning and consistency. Notable Quotes On embracing discomfort:“I learned to embrace the uncomfort and make it one of my biggest strengths.” On social media:“You have to make your business look the same way online as in person.” On financial literacy:“Real estate is always going to be good debt. Bad debt is the Macy’s card.” On collaboration:“Pooling resources shows how far we can go and how fast we can go—but together.” On planning:“If you don’t plan, you plan to fail. All you have to do is stick to the plan.” #SHMS #STRAW #BEST Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcastSee omnystudio.com/listener for privacy information.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Justin M. Lee. Purpose of the Interview To showcase Dr. Lee’s journey from a young real estate agent to a multi-industry entrepreneur. To inspire listeners with strategies for wealth-building through real estate, construction, and logistics. To encourage financial literacy, ownership, and collaboration within underserved communities. To issue a call to action for minorities to explore opportunities like Amazon DSP and real estate investment. Key Takeaways Early Career & Education Started young in real estate, embraced discomfort in rooms dominated by older professionals. Leveraged millennial tech skills (social media marketing) to help veteran brokers grow. Earned a doctorate degree and became a licensed real estate broker. Social Media as a Business Tool Built a strong presence on TikTok (90K followers) and other platforms. Helped older real estate firms thrive by creating digital visibility. Emphasized that “business must look as good online as in person.” Financial Literacy & Homeownership African-American communities often lack foundational financial knowledge. Key barriers: misunderstanding credit, fear of debt, and lack of exposure to ownership benefits. Advocates teaching the difference between good debt (real estate) and bad debt (consumer credit). Real Estate Process Initial onboarding: credit score, income, tax filing. Connect clients with lenders, secure pre-approval, then negotiate and close within 30–45 days. Uses property tours as motivation even for those not yet approved. Pooling Resources for Wealth Industry dominated by white men and foreign investors who use syndication. Dr. Lee created a private family fund with fraternity brothers and friends. Acquired 150+ apartment units and commercial properties by pooling resources and forming LLCs. Amazon DSP Opportunity Owns an Amazon Delivery Service Partner business (42 trucks, 200 employees). Offers minorities a chance to apply for DSP with $10K grant. Taught him true CEO skills: HR, payroll, compliance, and scaling operations. Construction Business Entered construction after experiencing exploitation in fix-and-flip projects. Learned the business side (permits, change orders) and got licensed. Built major projects like a 10,000 sq. ft. restaurant in Atlanta. Advocates for Black representation in construction, an industry dominated by whites and Hispanics. Personal Background Raised in New Orleans during Katrina by a single mother and grandparents. Mother invested FEMA checks into real estate, teaching him property management and renovation skills early. Believes knowledge is power and emphasizes planning and consistency. Notable Quotes On embracing discomfort:“I learned to embrace the uncomfort and make it one of my biggest strengths.” On social media:“You have to make your business look the same way online as in person.” On financial literacy:“Real estate is always going to be good debt. Bad debt is the Macy’s card.” On collaboration:“Pooling resources shows how far we can go and how fast we can go—but together.” On planning:“If you don’t plan, you plan to fail. All you have to do is stick to the plan.” #SHMS #STRAW #BEST Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcastSteve Harvey Morning Show Online: http://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Why is one of the world's largest legacy beer companies quietly buying up the global dietary supplement market? In this video, I'm breaking down the radical corporate transformation of Kirin Holdings. Facing a terminal decline in Japan's domestic beer market due to an aging population, Kirin is executing a masterful multibillion-dollar M&A playbook to pivot heavily into preventative health and functional ingredients. Discover how Kirin built its global "Health Science Triad" by acquiring dominant regional anchors like Blackmores, FANCL, and most recently, Jamieson Wellness for $1.4 billion. I'll dive into their 4-pillar corporate M&A blueprint, how they avoid rigid bureaucracy, and how they use consumer brands as a pipeline for their proprietary, high-margin ingredients like Cognizin and IMMUSE. Lastly, I'll explore if functional beverages and functional foods could be next, along with a future European expansion that would Kirin past their $3 billion Kirin Health Science International segment revenue goal by 2035? Let's get into the strategy.

Third week of August, what'd you miss in vet med?Live from WVC NashvilleVetspire acquired by Battery VenturesPetVet365 Earns Certified Autism Center DesignationNom Nom comes frozen and scoopablePawsibile Ventures opens next CohortHelpful links:Explore The Bird Bath Terminal's live veterinary market dataThe Bird Bath Substack

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Justin M. Lee. Purpose of the Interview To showcase Dr. Lee’s journey from a young real estate agent to a multi-industry entrepreneur. To inspire listeners with strategies for wealth-building through real estate, construction, and logistics. To encourage financial literacy, ownership, and collaboration within underserved communities. To issue a call to action for minorities to explore opportunities like Amazon DSP and real estate investment. Key Takeaways Early Career & Education Started young in real estate, embraced discomfort in rooms dominated by older professionals. Leveraged millennial tech skills (social media marketing) to help veteran brokers grow. Earned a doctorate degree and became a licensed real estate broker. Social Media as a Business Tool Built a strong presence on TikTok (90K followers) and other platforms. Helped older real estate firms thrive by creating digital visibility. Emphasized that “business must look as good online as in person.” Financial Literacy & Homeownership African-American communities often lack foundational financial knowledge. Key barriers: misunderstanding credit, fear of debt, and lack of exposure to ownership benefits. Advocates teaching the difference between good debt (real estate) and bad debt (consumer credit). Real Estate Process Initial onboarding: credit score, income, tax filing. Connect clients with lenders, secure pre-approval, then negotiate and close within 30–45 days. Uses property tours as motivation even for those not yet approved. Pooling Resources for Wealth Industry dominated by white men and foreign investors who use syndication. Dr. Lee created a private family fund with fraternity brothers and friends. Acquired 150+ apartment units and commercial properties by pooling resources and forming LLCs. Amazon DSP Opportunity Owns an Amazon Delivery Service Partner business (42 trucks, 200 employees). Offers minorities a chance to apply for DSP with $10K grant. Taught him true CEO skills: HR, payroll, compliance, and scaling operations. Construction Business Entered construction after experiencing exploitation in fix-and-flip projects. Learned the business side (permits, change orders) and got licensed. Built major projects like a 10,000 sq. ft. restaurant in Atlanta. Advocates for Black representation in construction, an industry dominated by whites and Hispanics. Personal Background Raised in New Orleans during Katrina by a single mother and grandparents. Mother invested FEMA checks into real estate, teaching him property management and renovation skills early. Believes knowledge is power and emphasizes planning and consistency. Notable Quotes On embracing discomfort:“I learned to embrace the uncomfort and make it one of my biggest strengths.” On social media:“You have to make your business look the same way online as in person.” On financial literacy:“Real estate is always going to be good debt. Bad debt is the Macy’s card.” On collaboration:“Pooling resources shows how far we can go and how fast we can go—but together.” On planning:“If you don’t plan, you plan to fail. All you have to do is stick to the plan.” #SHMS #STRAW #BEST Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcastSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

(0:00) About the Boardroom Governance Summit (Aug 26-27, 2026)  (0:43) Intro (2:08) About the podcast sponsor: The American College of Governance Counsel. (2:54) Start of interview.  (3:56) Origin Story of Shannon Nash (7:00) Her pivot from Law to Finance (9:15) Her operating and finance career  (12:55) Her experience in tech (subscription businesses) and current COO and CFO role at Vibrant Planet (15:50) Her first board (UserTesting) and subsequent board career (Netscout, SoFi, Lazy Dog Restaurants, Silicon Valley Community Foundation)  (22:04) Cybersecurity Meets AI (28:47) Where are the Humans? The next wave in the agentic era (31:44) Regulated Boards and Risk (36:25) Private Board Experience (VC and PE).  (41:13) About Alpha AI, focusing on AI Governance (43:53) On her podcast No Boxes, Just Verses (46:45) Her obsession with the Acquired podcast (47:41) Her mentors (49:40) Quotes that she thinks of often or lives her life by. (51:06) An unusual habit or an absurd thing that she loves. Beat Shazam show (52:15) The living person she most admires. Shannon Nash is a qualified financial expert, attorney, and CPA with over 30 years at the intersection of technology, finance, and governance. She serves as a board member in both public and private companies. You can follow Evan on social media at:X: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Thank you to Jurlique for sponsoring this week of Mini Scroll. You can find the Holy Basil & Aloe Hydrating Mist here: https://kolsq.io/blafiThe biggest stories on the internet from August 13th, 2026.Please consider buying us a coffee: https://buymeacoffee.com/centennialworld/ Timestamps:00:00 Intro4:14 Acquired Wedding leak/dress drama10:08 Tate McRae viral TikTok ad13:04 Drew Afualo addresses podcast backlashFind our podcast YouTube channel here: https://www.youtube.com/channel/UC18HclY7Tt5-1e3Z-MEP7Jg Subscribe to our weekly Substack: https://centennialworld.substack.com/ Follow us on Instagram: https://www.instagram.com/infinitescrollpodcast/ Follow Lauren on Instagram: https://www.instagram.com/laurenmeisner_/ 

Big K Hour 04: Hear the journey of Roberto Clemente's car from the man who just acquired it full 1795 Thu, 13 Aug 2026 15:10:02 +0000 6raTfSZ0sfTX6fQ3OGb27KnmhJHHzA0p news The Big K Morning Show news Big K Hour 04: Hear the journey of Roberto Clemente's car from the man who just acquired it The Big K Morning Show 2024 © 2021 Audacy, Inc. News htt

THE royal wedding weekend comes to an end, and all that's left is a lingering two-day hangover. BUT it's all worth it because this is quite literally THE BEST weekend ever!! We're bringing you the EXCLUSIVE “Acquired a Husband” FULL debrief. Let's just say the run of show…FABULOUS, the details absolutely INSANE (yes, Brooke's taking notes)!! Annnnnd, naturally, we're overthinking everything leading up to the weekend, because we wouldn't be us if we didn't overthink a thing or two. Shoutout to the rep at Bloomingdale's for solving what feels like a wardrobe crisis, and shoutout to Ben for showing us you can literally just say hi (it's really not that deep). Alsoooooo, we KNOW there are some spies out there. Look, we see the videos, the speculation in the comments, AND the leak (so not cool, btw). So not only are we recapping this AMAZING weekend, it's also time to clear a few things up!!GOTG LTK https://www.shopltk.com/explore/Gals_on_the_Go GOTG Newsletter https://gotg.substack.com/ Gals On The Go Instagram https://www.instagram.com/galsonthegopodcast/ Brooke's Youtube Channel https://www.youtube.com/brookemiccio Brooke's Instagram https://www.instagram.com/brookemiccio/ Danielle's Youtube Channel https://www.youtube.com/c/daniellecarolan Danielle's Instagram https://www.instagram.com/daniellecarolan/ Business inquiries can be sent to: GalsOnTheGoGroup@caa.comDanielle's LTK: https://www.shopltk.com/explore/daniellecarolan/productsets/11ee5d6284a6acf19fd50242ac110003 Brooke's LTK: https://www.shopltk.com/explore/brookemiccio/productsets/11ee5d662bea0b67931d0242ac110004 GOTG YouTube Channel (watch full episodes with video!) https://www.youtube.com/channel/UCkCy3xcN257Hb_VWWU5C5vA00:35 intro01:13 very hungover02:04 how we met the twins03:36 custom t-shirts08:41 where we stayed14:00 outfit panics 15:47 the trip up17:47 the welcome party28:26 overthinking saying hi34:35 brooke not feeling well41:09 the ceremony56:41 first looks01:06:02 the after party01:08:23 the next daySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Brandon Sanderson and Dan Wells return to Intentionally Blank in high spirits after their summer travels across the pond. With whimsy and gusto, they spin tales of their time in the land of chips and iceless drinks. Bear witness to the many marvels and gifts bestowed to them there and the gratitude with which the authors esteem them. All that and more on this episode of Intentionally Blank!Want to send me something to open?Dragonsteel EntertainmentATTN: AdamP.O Box 698American Fork, UT 84003Join the DSNX26 Waitlist Here: https://conventions.leapevent.tech/entry/single/Dragonsteel_Nexus/371f286a-23fa-4b84-9ab9-17b8ecffdb49Get your Wheel of Time updates here with the Bound and Woven newsletter: https://mailchi.mp/brandonsanderson/eye-of-the-world-campaignStay up to date by following my newsletter: https://brandonsanderson.us10.list-manage.com/subscribe?u=7d056bb7596a3e617f82004b2&id=fa68f14db0Interested in signed books and swag? Check here: https://www.dragonsteelbooks.com/You can also follow me on:Tiktok: https://www.tiktok.com/@authorbrandonsandersonFacebook: https://www.facebook.com/BrandSandersonTwitter: https://twitter.com/BrandSandersonInstagram: https://www.instagram.com/brandsanderson/?hl=enTwitch: https://www.twitch.tv/mistbornbrandonFrequently asked questions: https://faq.brandonsanderson.com

1. Acquired Style's Brigette Pheloung Is Married to Mitch McHale After Nearly 9 Years Together (PEOPLE) (25:18) 2. Brooks Nader ditches bikini top in front of entire family — including her dad — on Italian getaway (Page Six) (36:53) 3. Brad Pitt Reveals He's No Longer Sober After 7-Year Stretch, Drinks in a ‘More Restrained Manner' Now (PEOPLE) (40:59) 4. Anne Hathaway Responds to Internet Speculation That She's Faking Her Pregnancy After Viral Bump Photos (PEOPLE) (48:44) 5. Chrissy Metz Is Taking a GLP-1 After Years of Skepticism. She Knows People Will Have Thoughts (PEOPLE) (56:36) - Dear Toasters Advice Segment (1:01:37) The Toast with Jackie (@JackieOshry) and Claudia Oshry (@girlwithnojob) ⁠The Toast Patreon ⁠⁠  ⁠⁠Toast Merch⁠⁠ ⁠⁠Girl With No Job by Claudia Oshry⁠⁠ ⁠⁠The Camper & The Counselor⁠⁠ ⁠⁠Lean In⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode 680 of the New Media Show, host Rob Greenlee welcomes Steven Goldstein, founder and CEO of Amplifi Media, for a timely, future-leaning discussion. We have entered the Liquid Content Era. A podcast conversation can now become an audio episode, full-length YouTube video, Spotify video, Apple Podcasts video, vertical clips, social posts, articles, newsletters, searchable transcripts, and potentially AI-discovered answers. The underlying content may be the same, but the way people encounter and consume it varies by platform. That creates an enormous opportunity for creators. It also creates a measurement problem. Podcasting built much of its advertising business around the download. That metric helped turn an emerging medium into a legitimate advertising marketplace, but Steven argues that it no longer adequately represents how audiences consume modern shows. Downloads were created in an era when bandwidth was limited and podcast applications often downloaded episodes to devices before the listener played them. Today, streaming is increasingly immediate, video consumption is growing, audiences move between devices, and clips can sometimes reach more people than the original episode. The question is no longer simply:  How many times was the podcast downloaded? The better question may be: How many people actually listened to, watched, encountered the advertising, and engaged with the creator's content across the entire media ecosystem? Why advertisers need this change. Large brands already buy television, web, streaming video, social, and other digital media through dashboards that provide comparable impression-based reporting. Podcasting remains fragmented across RSS analytics, platform dashboards, YouTube views, Spotify data, and different definitions of what constitutes meaningful exposure. That fragmentation makes podcast media harder to buy at scale. Steven explains that advertisers do not want separate teams manually reconciling podcast audio, video, clips, and platform metrics. If podcasting wants to attract substantially more advertising investment, it needs to fit more easily into the systems marketers already use. That leads into one of the episode’s central topics: the AMP Accords. The Alliance for Measurement in Podcasting was formed to address three persistent problems: Defining a podcast Standardizing exposure metrics across platforms Creating a more consistent way to evaluate advertising effectiveness. The AMP Accords describe their goal as establishing cross-platform measurement standards spanning open RSS and closed platforms. One of the biggest proposed shifts is moving toward a 30-second play as a standardized exposure metric across audio and video. Steven is less concerned about whether 30 seconds ultimately proves to be the perfect number than he is about establishing a common starting point. Media measurement has always evolved. Steven draws on his experience in radio, where audience measurement moved from handwritten listening diaries to electronic Portable People Meters. The change was disruptive. Some formats gained audience under the new methodology, and others lost it. But advertisers demanded better information, and the industry eventually adapted. Podcasting is facing a similar moment. The industry should not allow the pursuit of a perfect measurement system to delay the adoption of a more useful one. The AMP framework also addresses advertising impressions and audience measurement. That matters because an advertiser ultimately wants to know whether someone actually received an advertising message, not simply whether a media file was automatically delivered to a device. Rob and Steven discuss the tension this creates for established podcast measurement. Some publishers remain strongly committed to the download because it has provided consistency and an open measurement methodology for many years. Steven gives the download credit for helping build the podcast advertising business but believes the medium now needs to move forward. The shift becomes even more important when video enters the equation. YouTube has become a major podcast-consumption platform with sophisticated analytics on views, watch time, audience behavior, retention, and discovery. Spotify has added video. Apple is expanding its video capabilities through HLS. Meanwhile, audiences increasingly move fluidly between audio and video rather than seeing them as completely separate media products. This raises another difficult question: What exactly is a podcast now? The AMP Accords propose a broad podcast definition that encompasses audio or video and open or closed distribution, provided the program remains meaningful without requiring constant visual attention. Steven likes the basic framework but emphasizes that audiences will ultimately shape the word's meaning. People already call shows “podcasts” based on format and experience rather than on technical infrastructure. Most listeners do not know whether a show uses RSS feeds, direct platform uploads, streaming video, or another delivery method. Rob raises a concern about defining podcasting too strongly through an audio lens. If a video must always function perfectly with the viewer's eyes closed, does that discourage creators from investing in richer visual storytelling? That question becomes increasingly important as video production matures. A modern video podcast can include visual demonstrations, graphics, archival material, set design, screen sharing, camera movement, and other elements that provide additional value to the viewer. Rob argues that creators should retain the freedom to build excellent audio and excellent video experiences, even when the two versions are not identical. The discussion then moves to another major part of liquid content: short-form video. Shorts or Clips were initially treated primarily as promotional tools designed to push people toward the full episode. That assumption is changing. Some audience members may never consume the full show. They may know a creator entirely through Shorts, Reels, TikTok, or other excerpts. Steven describes this as both an opportunity and a potential problem. If a creator publishes the four best moments from an hour-long conversation, some viewers may decide those clips provide everything they wanted from the episode. That means short-form may represent a separate audience, not simply a funnel into long-form media. At the same time, social clips have become an increasingly important discovery mechanism. Creators cannot simply ignore the places where audiences spend their time. That is the essence of liquid content: the audience determines where and how the media gets consumed. Artificial intelligence adds another layer. Steven believes creators should increasingly think beyond traditional SEO, Search Engine Optimization, toward AEO, Answer Engine Optimization. AI systems are increasingly becoming discovery engines themselves. Instead of searching through a list of websites or podcast episodes, a user may ask an AI system a specific question and receive a direct answer assembled from available sources. That shift could be especially valuable for niche creators. A podcast with deep authority in a narrow subject may become an important source of AI-generated answers if its content is well-structured, transcribed, accessible, and clearly associated with expertise in that category. Rob expands the discussion into recommendation systems. YouTube already uses AI extensively to determine which content should be presented to which audience. Similar systems will increasingly influence discovery throughout digital media. That creates a harder competitive environment. Steven argues that mediocre content will be crushed. As audiences face effectively unlimited choices and algorithms become better at filtering those choices, simply producing acceptable content may no longer be enough. Shows need differentiation, relevance, expertise, strong personalities, or storytelling that holds attention. That does not mean every successful podcast needs millions of listeners. Steven points to niche podcasts serving highly specific professional communities. A show about HVAC systems may never become a mainstream entertainment hit, but it can still become an extremely valuable business if it reaches the right technicians, manufacturers, buyers, and industry decision-makers. Influence within a valuable niche can matter more than raw audience scale. The conversation closes by examining the tension between short-form and long-form media. Consumers are time-starved. Summaries, clips, AI-generated takeaways, and compressed content are becoming increasingly useful. Yet long-form is not disappearing. Joe Rogan, Acquired, Dan Carlin, and other successful long-form creators demonstrate that audiences will still spend hours with content when the storytelling, expertise, personality, or subject deserves the investment. The real challenge is earning the audience's time. In the Liquid Content Era, creators are no longer simply publishing episodes. They are building adaptable media assets that can move across platforms, formats, screens, algorithms, and audiences. The measurement systems now need to catch up. Topics Covered in This Episode: -What Steven Goldstein means by the Liquid Content Era -Why one piece of content now becomes many media products -Why the podcast download is becoming less representative of consumption -What podcasting can learn from radio and television measurement -Why advertisers need unified cross-platform metrics -The AMP Accords and the future of podcast measurement -The proposed 30-second play standard -Plays, audience, ad impressions, and ad audience -Audio versus video measurement -Apple HLS, YouTube, Spotify, and platform competition -Why the definition of a podcast continues to evolve -Whether video podcasts need to work with the viewer's eyes closed -The difference between clipping content and creating for vertical video -Why clips may represent a separate audience -AI and Answer Engine Optimization -How algorithms increasingly control media discovery -Why mediocre content faces greater pressure -High-value niche content versus mass audience scale -What it takes to create a hit today -Why long-form content can still win Chapter Time Stamp Markers 00:00 Welcome to The New Media Show Episode 680 00:36 The Liquid Content Era needs new measurement 01:10 Introducing Steven Goldstein of Amplifi Media 02:07 Why media has entered the Liquid Content Era 03:18 The New York Times as a liquid content example 04:41 Podcasting moves from audio into multimedia 05:29 Video was always part of podcasting 06:22 Why the download originally made sense 07:13 Streaming changes how podcast consumption is measured 08:08 What podcasting can learn from radio measurement 09:11 From listening diaries to electronic measurement 10:00 Why advertisers need podcasting inside their dashboards 11:05 Audio and video buying remain separated at agencies 12:06 How television moved toward impression-based measurement 13:13 Short-form video enters the podcast media mix 14:12 Introducing the AMP Accords 15:08 What the AMP Accords propose 17:03 What AMP got right and what could go wrong 18:41 Why 30 seconds is a starting point, not the final answer 20:06 Moving beyond the download 21:23 Downloads do not always equal actual listening 22:03 The IAB and industry resistance to changing measurement 23:20 Some shows will gain, and others will lose under better metrics 24:18 Why Steven believes the download cannot be the future 25:11 Consumer behavior is forcing podcasting to change 26:02 Vertical video becomes a major media business 27:01 Can YouTube, Spotify, and Apple align around new metrics? 29:16 Comparing 30-second and 60-second exposure 31:07 Plays, audience, ad impressions, and advertiser needs 32:16 Why advertisers dislike hidden podcast audience numbers 33:07 Measurement matters differently for niche podcasts 34:19 How audiences move between audio and video 36:05 Should audio and video come from the same media file? 37:02 Why measurement does not need to be perfect to improve 38:16 Liquid content keeps expanding into new formats 39:14 What qualifies as a podcast now? 40:02 The audience may ultimately define podcasting 41:35 Does “eyes closed” unfairly prioritize audio? 43:05 Could the new definition weaken video creativity? 44:31 Separate audio and video podcast experiences 46:07 Vertical video versus automatically generated clips 46:52 Are clips replacing the full episode? 48:04 Short-form audiences may be entirely different 49:00 AI enters the Liquid Content Era 49:28 SEO shifts toward Answer Engine Optimization 50:27 AI becomes the first layer of media discovery 51:13 Algorithms judge what audiences see 53:04 Why mediocre content will be crushed 54:02 What qualifies as quality content? 55:04 Niche media does not need mass scale 57:07 How specialized podcasts can build valuable businesses 58:38 Why podcast creation remains flat despite creator growth 1:00:16 Creators no longer need traditional media gatekeepers 1:01:21 What the COVID podcast boom taught the industry 1:02:27 High-value content and why hits are hard 1:03:05 Differentiation as the foundation of a successful show 1:05:05 What television can teach podcasters about format innovation 1:06:22 Why creators compete for increasingly limited audience time 1:07:34 Short-form versus long-form content 1:08:22 Why people increasingly use AI to summarize long content 1:09:08 Joe Rogan, Acquired, and why long-form still succeeds 1:10:05 Gen Z will consume long content when it earns the time 1:11:01 Structured YouTube content versus podcast conversations 1:13:00 Final thoughts on the changing New Media landscape 1:14:00 Where to find The New Media Show Guest: Steven Goldstein, Founder and CEO, Amplifi Media Amplifi Media: https://www.amplifimedia.com About Steven Goldstein: https://www.amplifimedia.com/about Steven Goldstein on LinkedIn: https://www.linkedin.com/in/steven-goldstein-a057b54 Amplifi Media on LinkedIn: https://www.linkedin.com/company/amplifi-media Steven Goldstein is founder and CEO of Amplifi Media and teaches The Business of Podcasting at NYU. His current work focuses heavily on the shift toward cross-platform audio, video, and social distribution, as well as what he describes as the Liquid Content Era. AMP Accords Alliance for Measurement in Podcasting: https://ampaccords.com The AMP Accords focus on three areas: standardizing impression metrics, developing cross-platform performance measurement, and creating a common industry definition of a podcast. Host, Rob Greenlee, and New Media Show Links New Media Show: https://newmediashow.com New Media Show on YouTube: https://youtube.com/@TheNewMediaShow New Media Show Audio on Apple Podcasts: https://podcasts.apple.com/us/podcast/new-media-show-audio/id392545649 Rob Greenlee Website: https://robgreenlee.com Rob Greenlee on LinkedIn: https://www.linkedin.com/in/robgreenlee Rob Greenlee on YouTube: https://youtube.com/@RobGreenlee Podcast Hall of Fame: https://podcasthall.com AI Disclosure Note: AI tools were used to create a video and audio introduction clip, episode images, help organize and edit this episode and summarize its description, and create chapter markers from the completed Episode 680 transcript. The recorded conversation, human performances, guest perspectives, editorial direction, final review, and responsibility for the published content remain with actual humans Rob Greenlee and Steven Goldstein.The post Liquid Content Era Needs New Measurement | Steven Goldstein, Amplifi Media #680 first appeared on New Media Show.

In 1984, the Walt Disney Company was worth more dead than alive. Disney Animation — the heart of Walt's famous flywheel — had stagnated for years, bleeding away talent while corporate raiders circled, salivating over offers to sell off the film library to MGM and offload the parks to hotel operators. But what followed instead was the greatest turnaround in media history under Michael Eisner and Frank Wells. Beauty and the Beast. The Lion King. Broadway. Bringing the Disney Vault home on VHS and DVD. And the greatest media acquisition of all time — ESPN.And then... it all almost fell apart. Again. Euro Disney turned into a money pit. Boardroom and executive infighting ran rampant. Animation descended into a dumpster fire. (Remember Chicken Little? Us neither.) Comcast — Comcast!! — tried to steal the company via a hostile takeover. Out of the chaos, a new generation of Disney management emerged under Bob Iger to stage yet another epic comeback with Pixar, Marvel and Lucasfilm, creating the defining media empire of the 21st century…until the tech companies came along. Tune in for the ultimate Acquired thrill ride: Disney, Part II.Sponsors:Many thanks to our fantastic Fall '26 Season partners:SierraSentryWorkOSAnthropicLinks:Sign up for email updates, get our takeaways and research photos from each episode, and vote on future topics!The Official Acquired Meetup on Sept 17th with our friends at Sentry. Join us!The Acquired Disney Part II Companion PDFWorldly Partners' Multi-Decade Disney StudyAll episode sourcesCarve Outs:Warby Parker Transitions Extra ActiveMichael Arndt's Toy Story 3 Story PresentationThe Golden State ValkyriesMore Acquired:Get email updates and vote on future episodes!Join the SlackCheck out the latest swag in the ACQ Merch Store!00:00:00 Start00:00:50 Intro00:05:07 Disney in Chaos (1984)00:11:33 Eisner, Wells, Katzenberg Arrive (1984)00:24:30 Animation Renaissance & CAPS Tech (1989)00:37:33 Flywheel Extensions: Home Video, Retail & Broadway00:54:32 Challenges & ABC/ESPN Acquisition (1994-1995)01:05:55 ESPN: Disney's Accidental Goldmine01:21:26 Eisner's Decline & Save Disney Campaign (2001-2004)01:34:53 Comcast Hostile Takeover Bid (2004)01:41:58 Bob Iger's Vision & Pixar Acquisition (2005-2006)01:52:17 Pixar: From Lucasfilm to Steve Jobs (1979-1995)02:03:11 Toy Story, IPO & Eisner Conflict (1995)02:34:30 Disney Acquires Pixar (2006)02:46:37 Marvel & Lucasfilm Acquisitions (2009-2012)02:58:01 Streaming Pivot: Cord Cutting & BAMTech (2015)03:06:30 The Disney+ Strategy & FOX Acquisition (2017-2019)03:19:01 The Disney+ Launch, COVID, & Chapek's Tenure (2019-2022)03:42:15 Iger's Return, Challenges & Parks Revival (2022-2026)03:50:54 The Business Today: Parks & Streaming Focus03:59:22 Analysis: Disney+ Strategy & The New Media Landscape04:10:01 Analysis: Bull/Bear Cases04:21:20 Quintessence04:24:39 Carve-Outs + Outro‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

Procter & Gamble just dropped a staggering $3.8 billion to acquire Thorne, leaving mainstream financial commentators and health enthusiasts completely shocked. Why would a consumer packaged goods (CPG) titan known for Pampers, Tide, and Crest buy a premium dietary supplement brand? In this video, I'll pull back the curtain on the financial architecture and the radical corporate strategy driving this massive M&A transaction. This is far from just selling vitamins...creating a massive strategic paradigm shift into AI-powered predictive health, longevity, and data-rich consumer ecosystems. I'm breaking down the private equity wins for L Catterton, Thorne's massive manufacturing and testing moats, and how P&G completely outmaneuvered rivals like Unilever and Haleon to dominate the healthcare practitioner market. Plus, we address the biggest question on every consumer's mind: Will P&G dilute Thorne's ingredients and destroy its scientific integrity? If you want to understand the future of proactive, personalized, and integrative consumer healthcare, this deep dive is for you.

Full Text of Readings Memorial of Saint Dominic, Priest Lectionary: 412 The Saint of the day is Saint Dominic Saint Dominic's Story If he hadn't taken a trip with his bishop, Saint Dominic would probably have remained within the structure of contemplative life; after the trip, he spent the rest of his life being a contemplative in active apostolic work. Born in old Castile, Spain, Saint Dominic was trained for the priesthood by a priest-uncle, studied the arts and theology, and became a canon of the cathedral at Osma, where there was an attempt to revive the apostolic common life described in Acts of the Apostles. On a journey through France with his bishop, Dominic came face to face with the then virulent Albigensian heresy at Languedoc. The Albigensians–or Cathari, “the pure ones”–held to two principles—one good, one evil—in the world. All matter is evil—hence they denied the Incarnation and the sacraments. On the same principle, they abstained from procreation and took a minimum of food and drink. The inner circle led what some people regarded as a heroic life of purity and asceticism not shared by ordinary followers. Saint Dominic sensed the need for the Church to combat this heresy, and was commissioned to be part of the preaching crusade against it. He saw immediately why the preaching crusade was not succeeding: the ordinary people admired and followed the ascetical heroes of the Albigenses. Understandably, they were not impressed by the Catholic preachers who traveled with horse and retinues, stayed at the best inns and had servants. Saint Dominic therefore, with three Cistercians, began itinerant preaching according to the gospel ideal. He continued this work for 10 years, being successful with the ordinary people but not with the leaders. His fellow preachers gradually became a community, and in 1215 Dominic founded a religious house at Toulouse, the beginning of the Order of Preachers or Dominicans. Dominic's ideal, and that of his Order, was to organically link a life with God, study, and prayer in all forms, with a ministry of salvation to people by the word of God. His ideal: contemplata tradere: “to pass on the fruits of contemplation” or “to speak only of God or with God.” Reflection The Dominican ideal, like that of all religious communities, is for the imitation, not merely the admiration, of the rest of the Church. The effective combining of contemplation and activity is the vocation of truck driver Smith as well as theologian Aquinas. Acquired contemplation is the tranquil abiding in the presence of God, and is an integral part of any full human life. It must be the wellspring of all Christian activity.Saint of the Day, Copyright Franciscan Media

What if your brain suddenly decided that words had colors? In this episode of The Box of Oddities, Kat and Jethro dive into one of neuroscience's strangest documented phenomena: a woman who suffered a traumatic brain injury and awoke seeing vivid colors every time someone spoke. Her condition—known as acquired speech-to-color synesthesia—raises an unsettling question: if the brain can rewrite reality after an injury, how much of the world we experience is actually being created inside our own minds? From disappearing colors and tetrachromats who may perceive millions of shades the rest of us never will, to the mystery of whether your experience of "red" is anything like anyone else's, this episode explores the fragile line between perception and reality. Then, the conversation shifts to one of South Korea's most haunting unsolved mysteries: the 1991 disappearance of the Frog Boys. Five young friends set out to collect salamander eggs on a day off from school and never returned. After one of the largest searches in the nation's history, their remains were discovered eleven years later in an area investigators had searched repeatedly. Was it a tragic accident, a calculated murder, or something else entirely? Decades later, the case remains unsolved—but it forever changed how South Korea responds to missing children. Along the way, expect the usual detours into bizarre headlines, questionable road-trip food decisions, and the wonderfully weird conversations that only happen inside The Box of Oddities. In this episode: Acquired speech-to-color synesthesia How the brain creates color and perception Tetrachromats and the mystery of subjective reality The neuroscience of consciousness and qualia The unsolved Frog Boys case How one tragedy transformed South Korea's missing-child investigations If you love strange science, unsolved mysteries, psychology, neuroscience, true crime, and the wonderfully inexplicable, welcome home. The Freak Family has been waiting for you. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 62: What Is Prosopagnosia? – features Dr. Brad Duchaine, Professor of Psychological and Brain Sciences at Dartmouth College, exploring the science, social impact, and neural mechanisms of face blindness.Episode Summary: This episode features a conversation with Dr. Brad Duchaine, a researcher with over two decades of experience studying face perception. Listen as Dr. Duchaine breaks down what prosopagnosia is, how the brain calculates facial measurements, the distinction between perception and memory deficits, the visual distortion condition known as PMO, and how face blindness impacts everyday social interactions.In this episode we discuss:00:00 – Introduction to Dr. Brad Duchaine and the question of prosopagnosia01:17 – Pronunciation of prosopagnosia and Dr. Duchaine's early interest in the condition02:31 – Specialized psychological mechanisms and entering face recognition research03:27 – How the brain processes person recognition and measures facial characteristics04:57 – Perceptual precision deficits vs. memory/indexing impairments in prosopagnosia07:39 – Prosopometamorphopsia (PMO) and active facial feature distortions10:48 – Causes of face blindness: Acquired prosopagnosia vs. developmental prosopagnosia12:53 – How the internet expanded research access and public awareness14:12 – Coping strategies, non-facial identity cues, and contextual recognition16:03 – Testing for face blindness online (Cambridge Face Memory Test and famous face tests)17:42 – Diagnostic thresholds and normal distribution of face recognition ability19:03 – Current gaps in understanding neural computations and information processing20:33 – Prevalence of developmental prosopagnosia and findings from public reach-out22:03 – The "prosopagnosia epiphany" and validating past social experiences23:51 – Social implications, interpersonal misunderstandings, and emotional costs25:21 – Practical advice for navigating face recognition challenges with others26:24 – Resources for learning more and participating in research27:35 – ConclusionResources:⁠⁠Face Blind ResearchThis episode includes the track 'RSPN' by Blank & Kytt. The song is used under the Creative Commons Attribution 3.0 Unported License. You can find more of Blank & Kytt's music ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here.⁠

Adam Crowley and Nicholas "Harry" Callas share how they feel about the bullpen arms that the Pirates acquired just before the MLB Trade Deadline on Monday.

Steve, Justine, Lenny, Ryan & Luke talk about the buyout of Whiskey Del Bac. TBD music by Kevin MacLeod (incompetech.com).   Important Links: Patreon: https://www.patreon.com/theabvnetwork Our Events Page: bourbonpalooza.com Check us out at: abvnetwork.com. The ABV Barrel Shop: abvbarrelshop.com   Join the revolution by adding #ABVNetworkCrew to your profile on social media.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcast Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Justin M. Lee. Purpose of the Interview To showcase Dr. Lee’s journey from a young real estate agent to a multi-industry entrepreneur. To inspire listeners with strategies for wealth-building through real estate, construction, and logistics. To encourage financial literacy, ownership, and collaboration within underserved communities. To issue a call to action for minorities to explore opportunities like Amazon DSP and real estate investment. Key Takeaways Early Career & Education Started young in real estate, embraced discomfort in rooms dominated by older professionals. Leveraged millennial tech skills (social media marketing) to help veteran brokers grow. Earned a doctorate degree and became a licensed real estate broker. Social Media as a Business Tool Built a strong presence on TikTok (90K followers) and other platforms. Helped older real estate firms thrive by creating digital visibility. Emphasized that “business must look as good online as in person.” Financial Literacy & Homeownership African-American communities often lack foundational financial knowledge. Key barriers: misunderstanding credit, fear of debt, and lack of exposure to ownership benefits. Advocates teaching the difference between good debt (real estate) and bad debt (consumer credit). Real Estate Process Initial onboarding: credit score, income, tax filing. Connect clients with lenders, secure pre-approval, then negotiate and close within 30–45 days. Uses property tours as motivation even for those not yet approved. Pooling Resources for Wealth Industry dominated by white men and foreign investors who use syndication. Dr. Lee created a private family fund with fraternity brothers and friends. Acquired 150+ apartment units and commercial properties by pooling resources and forming LLCs. Amazon DSP Opportunity Owns an Amazon Delivery Service Partner business (42 trucks, 200 employees). Offers minorities a chance to apply for DSP with $10K grant. Taught him true CEO skills: HR, payroll, compliance, and scaling operations. Construction Business Entered construction after experiencing exploitation in fix-and-flip projects. Learned the business side (permits, change orders) and got licensed. Built major projects like a 10,000 sq. ft. restaurant in Atlanta. Advocates for Black representation in construction, an industry dominated by whites and Hispanics. Personal Background Raised in New Orleans during Katrina by a single mother and grandparents. Mother invested FEMA checks into real estate, teaching him property management and renovation skills early. Believes knowledge is power and emphasizes planning and consistency. Notable Quotes On embracing discomfort:“I learned to embrace the uncomfort and make it one of my biggest strengths.” On social media:“You have to make your business look the same way online as in person.” On financial literacy:“Real estate is always going to be good debt. Bad debt is the Macy’s card.” On collaboration:“Pooling resources shows how far we can go and how fast we can go—but together.” On planning:“If you don’t plan, you plan to fail. All you have to do is stick to the plan.” #SHMS #STRAW #BESTSteve Harvey Morning Show Online: http://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

(00:00) GOOD NEWS! Hardy's back from his day off. He was playing golf (for a good cause, so don't give him any grief, bucko!)(00:20:25.51)(00:34:41.37) WHAT HAPPENED LAST NIGHT: Newly acquired Red Sox infielder Curtis Mead didn't last long in his Boston debut Monday night, but the Red Sox still beat the Athletics, 4-2. Plus, the latest sound from Patriots training camp.Please note: Timecodes may shift by a few minutes due to inserted ads. Because of copyright restrictions, portions—or entire segments—may not be included in the podcast.CONNECT WITH TOUCHER & HARDY: linktr.ee/ToucherandHardyFor the latest updates, visit the show page on 985thesportshub.com. Follow 98.5 The Sports Hub on Twitter, Facebook and Instagram. Watch the show every morning on YouTube, and subscribe to stay up-to-date with all the best moments from Boston's home for sports!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Hello!Here's part two of my delightful conversation with James Chatto where we delve into the main characters of his fabulous book!Enjoy!ThomSupport the podcast on Ko-Fi and Patreon for ad-free episodes!https://ko-fi.com/thedeliciouslegacypodcasthttps://www.patreon.com/c/thedeliciouslegacySupport this show http://supporter.acast.com/the-delicious-legacy. Hosted on Acast. See acast.com/privacy for more information.

WSJM Afternoon News for 07-27-26See omnystudio.com/listener for privacy information.

In this episode of the Grow A Small Business Podcast host Troy Trewin interviews Cheryl Contee, founder of BrightWorks AI, shares how she built a purpose-driven SaaS company serving nonprofits, scaled it to a 12-person team with multi-million-dollar revenue, and achieved a historic exit as the first Black female founder to sell a tech startup to a Nasdaq-listed company. Cheryl discusses the realities of fundraising, hiring, leadership, and planning for a successful exit while emphasizing the power of relationships and reputation. She also explains why she is now helping nonprofits adopt AI ethically through her latest venture. This conversation is packed with practical lessons on resilience, innovation, and building a business that creates lasting impact. Also check Cheryl Contee's book, AI for Nonprofits: Putting Artificial Intelligence to Work for Your Cause, and her appearance on the Built to Sell Radio podcast, where she shares how she built and successfully sold Attentive.ly, an AI-powered social listening platform acquired by Blackbaud. Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions:  What do you think is the hardest thing in growing a small business? Cheryl Contee shares that the hardest part of growing a small business is having the confidence to believe in yourself, especially when no one else believes in your vision. Cheryl Contee shares that entrepreneurs must be willing to put in 110% effort and embrace hard work every day. Cheryl Contee shares that self-belief is what keeps founders moving forward through uncertainty and setbacks. Cheryl Contee shares that lasting success comes from combining confidence with consistent dedication and perseverance. What's your favorite business book that has helped you the most? Cheryl Contee shares that her favorite business book is Who Moved My Cheese? because its lessons about adapting to change are even more relevant in today's fast-changing business world. Cheryl Contee shares that entrepreneurs must be willing to follow new opportunities instead of clinging to old ways of working. Cheryl Contee shares that embracing change with the right mindset helps business owners stay resilient and competitive. Cheryl Contee shares that continuous adaptation is essential for long-term business success. Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Cheryl Contee shares that she highly recommends Apple News+ for access to trusted publications like The Wall Street Journal, Bloomberg, The Atlantic, and The Guardian, offering broad and in-depth business insights. Cheryl Contee shares that YouTube has also become one of her favorite learning platforms, especially for independent experts and international news sources. Cheryl Contee shares that exploring multiple perspectives helps business owners make better-informed decisions. Cheryl Contee shares that continuous learning from diverse, credible sources is essential for staying ahead in a rapidly changing world. What tool or resource would you recommend to grow a small business? Cheryl Contee shares that one of the best tools for growing a small business is a well-crafted pitch deck rather than a lengthy business plan. Cheryl Contee shares that a 10–15 slide pitch deck helps entrepreneurs clearly define their market, customers, competitors, business model, and growth strategy. Cheryl Contee shares that answering these core questions creates clarity and prepares business owners for investors, partners, and opportunities. Cheryl Contee shares that a strong pitch deck is a practical resource for building and scaling a successful business. What advice would you give yourself on day one of starting out in business? Cheryl Contee shares that if she could go back to day one, she would remind herself, "You've got this," and trust her ability to succeed. Cheryl Contee shares that embracing what makes you different allows you to see opportunities others may overlook. Cheryl Contee shares that being authentic and courageous opens the door to creating things that have never been done before. Cheryl Contee shares that believing in yourself from the very beginning is one of the greatest advantages an entrepreneur can have.  Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights! Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.     Quotable quotes from our special Grow A Small Business podcast guest: It's okay to be different because different people see opportunities others miss - Cheryl Contee Your reputation is the most powerful marketing tool your business will ever have - Cheryl Contee Plan your exit from day one because successful businesses are built with the end in mind - Cheryl Contee    

How does someone go from working in their family's Italian restaurant to building a $400 million multifamily real estate portfolio? In this episode, Gino Barbaro shares the lessons that transformed his life, from losing money in his first investment to building over 2,000 apartment units with his partner Jake Stenziano. We discuss: - Why today's multifamily market looks surprisingly similar to 2013 - How to build a buy box that helps you avoid bad deals - Why seller financing is making a comeback - What most investors misunderstand about market cycles This conversation combines practical investing advice with the mindset shifts that make success possible. Request a consultation from Hall CPA at go.therealestatecpa.com/3KSEev6 Register for FREE access to the 2026 Hall CPA Tax Strategy Summit: www.taxandlegalsummit.com/2026signup Join the Hall CPA Team: www.therealestatecpa.com/careers/ Connect with Eckard Enterprises: eckardenterprises.com/taxsmartrei/?u…copy_hyperlink Submit your question for Tom & Nathan: go.therealestatecpa.com/question The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Any mention of third-party vendors, products, or services does not constitute an endorsement or recommendation. You should conduct your own due diligence before engaging with any vendor.

James Chatto. Actor, puppet maker, author, food writer and journalist. A truly multi-talented, one would say even a renaissance man! He is my honoured guest on The Delicious Legacy today, to tell us all about his latest book “Acquired Tastes” a food history book, which explores the extraordinary journeys of specific recipes as they moved from one culture to another—carried and transmitted by eight remarkable individuals...Hello! Welcome back to another episode of the Delicious Legacy!You can get James' book here:https://utppublishing.com/doi/book/10.3138/9781487566609Enjoy!LoveThomSupport the podcast on Ko-Fi and Patreon for ad-free episodes!https://ko-fi.com/thedeliciouslegacypodcasthttps://www.patreon.com/c/thedeliciouslegacySupport this show http://supporter.acast.com/the-delicious-legacy. Hosted on Acast. See acast.com/privacy for more information.

During the 4 pm hour of today's show, Chuck & Chernoff were joined by Atlanta Braves GM Alex Anthopoulos ahead of the Braves trade deadline to talk about the state of the team, if there are any untouchable pieces, Spencer Schwellenbach, Hurston Waldrep, Austin Riley, and how the Braves almost acquired Kyle Schwarber in 2021. The guys also talked about Kirby Smart, Georgia Football, and more! See omnystudio.com/listener for privacy information.

Hosts Andy and Tom talk about plans for 3CDC to buy the historic St. Francis Seraph church in Over-the-Rhine, as well as the closure of legendary chef Jean-Robert de Cavel's last restaurant, Kroger axing plans to open more Harris Teeter stores and a Krazy new retailer. Interview starts at (18:42). Bourbon is a tricky business. It has to age for several years – New Riff's minimum is four – before it can be bottled and sold, so distilleries have to be very good at forecasting demand well in advance. With so many producers investing billions in ramping up production in recent years, that's led to a glut of product. New Riff CEO Hannah Lowen talks about how her distillery has navigated that, and what's new at the region's largest bourbon producer.

Greetings Earthlings! Welcome to episode 255 of Last Nights Coffee with Chuck and Jon! Thanks for tuning in!

What if the most common point of failure in your digital customer experience: the 'no results found' page, could become your greatest opportunity for conversion and discovery?Agility requires not just adopting new technologies, but fundamentally rethinking core customer interactions, like search, that have remained static for far too long. It demands a shift from rigid rules to responsive, intelligent systems that learn from and adapt to customer intent in real time.Today, we're going to talk about the evolution of on-site search. For years, it's been a functional, yet often frustrating, utility for customers. But with advancements in AI, it's transforming from a simple keyword-matching tool into a conversational discovery engine that can anticipate intent and drive a more intelligent customer experience.To help me discuss this topic, I'd like to welcome Nitin Mangtani, GM and EVP of Agentforce Commerce at Salesforce.About Nitin MangtaniAbout Nitin MangtaniI am EVP & GM at Salesforce leading the Commerce Cloud and Retail Cloud team. Joined Salesforce executive team with the acquisition of PredictSpring in Sep 2024.I was Founder & CEO at PredictSpring, a leader in the Modern POS space. I led the company as CEO from the founding in my garage to raising $32M from top tier VC's. Acquired amazing customers and delivered high value to global brands from Crate & Barrel, CB2, Under Armour, Janie & Jack, Bouclair, SuitSupply, Orvis, Steve Madden, Deciem (Estee Lauder), LoveSac and others. Maintained highest capital efficiency and delivered top quartile returns to employee's and investors. Salesforce acquired PredictSpring in Sep 2024.Prior to founding PredictSpring, I was a Group Product Manager at Google. During my 7 years at Google, I led strategic initiatives including Google Shopping and scaling the product to hundreds of thousands of merchants in 40 countries. I also Co-led the Google Adwords - Offer Extensions team and Founded Google Apps Search product.Nitin Mangtani on LinkedIn: https://www.linkedin.com/in/nitinmangtani/Nitin Mangtani on LinkedIn: https://www.linkedin.com/in/nitinmangtani/---------- Resources ----------Salesforce: https://www.salesforce.comThe Agile Brand podcast is brought to you by TEKsystems. Learn more here: https://aglbrnd.co/r/2868abd8085a9703We're proud to be a media partner for #MAICON26 - Oct. 13-15! Learn how AI can power your marketing and business and help you grow smarter. Use code AGILE150 to save! https://aglbrnd.co/r/7fe458ced0f04658Reach your customers with Reddit. Spend $500 in ad spend, get $500 back in ad credit! Learn more: https://advertalize.com/r/491818c79fb1873fDon't miss We Make Future - the International Festival of Innovation in AI, Tech, and Digital Marketing, June 24-26 in Bologna. Learn more: https://aglbrnd.co/r/c80991afff416bb2The most influential minds in software, AI, and engineering leadership will be at WeAreDevelopers World Congress North America, September 23-25 in San Jose. Learn more: https://aglbrnd.co/r/60a7299222a7bcf1Enjoyed the show? Tell us more at and give us a rating so others can find the show at: https://aglbrnd.co/r/faaed112fc9887f3Connect with Greg on LinkedIn: https://www.linkedin.com/in/gregkihlstromDon't miss a thing: get the latest episodes, sign up for our newsletter and more: https://aglbrnd.co/r/35ded3ccfb6716baCheck out The Agile Brand Guide website with articles, insights, and Martechipedia, the wiki for marketing technology: https://www.agilebrandguide.comThe Agile Brand is produced by Missing Link—a Latina-owned strategy-driven, creatively fueled production co-op. From ideation to creation, they craft human connections through intelligent, engaging and informative content. https://www.missinglink.company Hosted on Acast. See acast.com/privacy for more information.