Mentioned On
Episode Mentions
The a16z Show · May 5, 2026
Building Blackstone, Backing Costco, with Tony James
“Warehouse club predecessor to Costco; operated in San Diego; validated membership retail model.”
Building and scaling investment firms across decadesMerchant banking and principal investing strategyPrivate equity and LBO market evolution (1980s-2000s)
View AnalysisThe Knowledge Project · Dec 30, 2025
The Outlier Playbook: The Patterns Behind Enduring Success
“Saul Price opened warehouse club after being fired at 60, broke his own business-only model to admit credit union members, achieving profitability”
Resilience and adversity as competitive advantageAction bias and decision-making under uncertaintyBusiness system design and operational simplification
View Analysis