Groupon's Rich Heise: He Quietly Built $35B Of Companies
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In this conversation with Ravin and Al, tech investor extraordinaire Rich Heise shares his journey from founding Magnitude Networks in 1995 to navigating the dot-com boom and beyond with Groupon.
He discusses the importance of timing in business, the challenges of family dynamics, and the lessons learned from his experiences with Starbelly and Inner Workings.
Rich emphasizes resilience, adaptability, and the impact of education on personal development, discussing the evolution of several companies including Echo, Media Bank, and Groupon.
They explore the challenges and triumphs of navigating IPOs, the dynamics of partnerships, and the role of luck in business success. The discussion also touches on personal motivations, community building through sports, and reflections on political issues and media bias.
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