Stephen Mandel: Finding Scuttlebutt On Company ManagementThe Acquirer's Multiple
In his recent interview on the Family Centers’ Titan Series, Stephen Mandel discussed a number of topics including how he finds scuttlebutt on a company’s management, in addition to interviewing management directly. Here’s an excerpt from the interview:
Mandel: But also one thing that has evolved and we’ve really… we weren’t doing this so much at the beginning. We’ve kind of evolved to do this over the last, I don’t know 15 years or so.
There are a bunch of generally former journalists, former reporters who have kind of carved out a niche being able to get former colleagues of management to talk and find out all kinds of things about how they ran the business. How they treated their people. How they compensated people, and it’s it’s shocking frankly how good these people are getting people to talk and the level of detail they get into.
So we get literally transcripts from these interviews and we’ll have a dozen or so on an individual and it helps paint a picture. I mean we form our own judgments by meeting with people but it is very helpful… people have worked with people for years and getting their perspectives.
You can watch the entire interview here:
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Article by The Acquirer’s Multiple