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25. What's the deal with you and lightspeed?
I had the pleasure, or should I say displeasure of sitting next to Steve on a flght from PHX to Miami several years ago. I had many preconceived notions about him, and it turned out, they were all correct. I had heard crazy stories about him and drugs, women, etc etc at shows.
He told me why he got in the biz, and his biz philosophies, he would not shut up. He then went on to tell me that I do not know how to manage my sales staff, that I do not let them have fun, blah blah blah.
From that point on, I put him on my idiot list. I threw a few jabs at him on the boards, and he ran off like a little sissy girl to our mutual friends begging them to ask me to stop picking on him. From that point on, it was open season.
Lightspeed has done well, the concept and the sites are very good. But, Steve is an idiot businessman. For instance, he overpays his girls to the point it is an industry joke. But I guess he pays extra so he can bang em.
I can only imagine how many millions he has blown, and left on the table. Or snorted up his nose...
Bottom line is that he put himself up on a pedestal, and I am just a reality check for him. One day, he will thank me.
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