How AJ Patel Sold His Business for Over $600 Million
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 20 December 2021
⏱️ 49 minutes
🧾️ Download transcript
Summary
AJ Patel has broken many records in the eCommerce space and 2 weeks before this talk from The Capitalism Conference, he exited his largest brand for $610 million.
AJ has been a close personal friend to Ryan Daniel Moran for 7 years now and they've grown together and leaders and investors in the business world.
In this fireside chat he shares all of the ups and downs he's had in his career to get him to this point of success.
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Transcript
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| 0:00.0 | I consider it a personal honor, point of pride, a privilege to bring this man to the stage. |
| 0:10.0 | We've been friends for six or seven years now. |
| 0:13.0 | We came up the ranks together and he's just broken record after record and he's just here hanging out. |
| 0:19.0 | And he has no reason to be here |
| 0:21.6 | other than the fact that he cares other than the fact that he enjoys investing in |
| 0:27.1 | all of you so please welcome to the stage a.J. Patel |
| 0:30.6 | so it's kind of difficult not to start by acknowledging the fact that you just had a major milestone two weeks ago. |
| 0:46.8 | You sold zesty, $610 million. |
| 0:50.1 | Clap that up. |
| 0:59.0 | Really quickly, just tell me how you're feeling two weeks later. Same, you know? |
| 1:02.0 | I mean, I've had the realization that this is going to happen probably for two years, not |
| 1:07.5 | this big, but it felt good when it happened. |
| 1:11.5 | Like felt great when it happened. |
| 1:13.0 | Now it's just like, what's next kind of thing? |
| 1:16.0 | Yeah. |
| 1:17.0 | So it's good though. |
| 1:17.5 | So is there disappointment on the other side of that? |
| 1:21.2 | Like expecting it, did you expect it to be different? |
| 1:24.3 | No, because I've had other exits and there's a point when I expected money to make me feel |
| 1:30.3 | different and it didn't. |
| 1:33.3 | And you know, so it's like it's a journey that you just realize it's meant to happen and |
| 1:39.3 | you just feel you feel good about it, but it's not like, I'm at a point in my life where I don't have ebbs |
... |
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