| 
  • If you are citizen of an European Union member nation, you may not use this service unless you are at least 16 years old.

  • You already know Dokkio is an AI-powered assistant to organize & manage your digital files & messages. Very soon, Dokkio will support Outlook as well as One Drive. Check it out today!

View
 

Coleman Andrews

Page history last edited by PBworks 17 years, 1 month ago

Mitt had hired me as a young associate at Bain & Co. in 1978, and we worked together occasionally between then and 1983, when we laid the foundations for the creation of Bain Capital. For six months, we traipsed around the United States, Europe and Latin America, seeking investors to back our plan, getting plenty of "no, thank yous" along the way.

 

One potential investor was concerned that we would spend lavishly on fancy offices and needless expenses. I could tell that this bothered Mitt, because he is very careful about spending. Finally, I told the gentleman: "You need to understand how frugal Mitt is. When he and Ann go to the movies, they pop their own popcorn in advance. Mitt figures the home-popped Orville Redenbacher costs him only 62 cents, which is a whole lot cheaper than $4.50 for the big tub at the movie counter."

 

  • Coleman Andrews, co-founded Bain Capital with Romney in 1983

Comments (0)

You don't have permission to comment on this page.