Thanks for joining us on the show!Ĭanem So first question and most relevant, how are you doing? Health-wise and sanity wise? How is your team and family? So let’s dive right in as Canem asks all of our burning questions pertaining to sourcing opportunities amidst uncertainty.Ĭanem Hi, Michael. Now, with a committed team behind their work, they are looking to turn their efforts into turbo drive and catalyze growth in 21st century jobs for the Tulsa community. Some of the questions his team has been on a quest to address are: “Can you be intentional about how you deploy capital that not only drives return but has a local economic impact as well?” “What are the right economic incentives needed to attract and retain talent in Tulsa?” “Can you make large-scale social change through economic opportunity?” While many of these hypotheses are yet to be concluded, the initial work was compelling enough that it led to the birth of Atento Capital. For the past two years, he’s worked closely with the George Kaiser Family Foundation in Tulsa, straddling both investment and economic development. When they lost the race, he was looking for ways to make an impact given the current American political climate, which led him to Tulsa. But then the 2016 election happened, and he felt compelled to follow his heart and join the Clinton Campaign-initially as a volunteer and eventually helping to organize Madison, Wisconsin. Within two years, they built the company to 45 people across 4 countries and over $15 million in revenue. Prior to that sale, he had already begun angel investing, and eventually joined one of his portfolio companies, Spotad, as President. He joined as the 5th partner, and the 5 of them bootstrapped the business to over 150 people across 6 countries, and over $30 million in revenue before selling to the publicly traded Superior Uniform Group. During his time in undergrad and business school, two close friends of his started a t-shirt company out of their fraternity. 7 Years later, he was operating 22 stores, overseeing nearly 400 people and managing a $19 million revenue operation. He started working full time while in high school as a barista at a coffee shop in LA at Coffee Bean & Tea Leaf. For as long as he can remember, he has always loved to work, both as an operator and as an investor. From 2010 to 2018, he had been living primarily in New York with 2 years in London and a splash of Tel Aviv before moving to Tulsa in the beginning of 2018. Jessica Michael is originally from California, born in San Francisco, and raised in Los Angeles. That’s why we’re grateful to have Michael Basch, Managing Partner at Atento Capital, joining us today to focus on how to source opportunity amidst uncertainty. Jessica As Canem mentioned last week.There are so many wonderful podcasts out there with amazing storytellers, but one of our goals with this podcast is to be the solution to the question “what keeps you up at night?” whatever that question may be. He shared insights on cash flow, cost-cutting and the importance of leading with class during a crisis which I found personally inspiring and I know you will too! If you missed last week’s episode, be sure to check it out! Canem Arkan, the managing director of Endeavor, sat down with John Fein, Founder of Firebrand Ventures. Which is why we were inspired to produce an Investor Series dedicated to unpacking what entrepreneurs should consider as they chart their capital planning in 2020 and beyond. Jessica Hello everyone and welcome back to The Multiplier Effect! In the past few months our team here at Endeavor has met with many entrepreneurs adjusting to this new world as it relates to fundraising and accessing capital with a lot of concern as to what recovery will look like in these volatile times. Episode Transcript CLICK HERE TO DOWNLOAD TRANSCRIPT
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