Tommy Dobczyk met Vic Keller, a multimillionaire who buys companies, scales them up, and sells them to buyers like Berkshire Hathaway. Keller's strategy is to increase a company's value before flipping it to larger firms that want the business without running it themselves.
Chapters
Today in the Deal Room.
I started my first business and I ended up getting my first ever business partner and he was a multi-millionaire. How did you attach yourself to him?
So anyway, the kid from School of Hard Knocks walks around asking people how they got rich. He's got a great story and stuff. But anyway, Vic Keller was who we met out there at Pace Morby. When we did the, when I did the deep dive on him, it came back describing how great this guy is. He's actually a member of Pace Morby's Sub2 community. So they go around and again, Vic Keller's business model is to buy or buy businesses that get them, you know, get them up to a high value. And buyers like Berkshire Hathaway come along and buy them up. So, and what that means is a private equity company is buying it. It's not controlling it or operating it. It's just buying it for the value that it has and brings, right? So, Dick Keller was great. We got to meet him, ate dinner right next to him while we were out there and talked to him a little bit. Katherine got pictures with him. So that was—
told him about my nonprofit, about getting the kids adopted. So yeah, he said he's gonna look into it.
