78 min listen
E20: Martin Shkreli on Public Vilification, Lessons from Prison, and Getting Back in the Arena
E20: Martin Shkreli on Public Vilification, Lessons from Prison, and Getting Back in the Arena
ratings:
Length:
85 minutes
Released:
Aug 11, 2023
Format:
Podcast episode
Description
Biotech founder and investor Martin Shkreli joins Erik Torenberg and his co-host Jesse Genet on In The Arena podcast to dissect his controversies and crises through the lens of leadership. Martin goes deep into the leadership decisions and regulatory environment that led to him serving time in prison, the lessons he took away about tech and founding startups, and how he believes there is a hero’s journey arc up ahead. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/upstream
In The Arena is a part of the Turpentine podcast network. If you loved listening, subscribe at the podcast platform of your choice: https://link.chtbl.com/MwjyhPC5
Upstream and In The Arena are part of the Turpentine podcast network. Learn more: www.turpentine.co
RECOMMENDED PODCAST:
Turpentine VC: Delve deep into the art and science of building successful venture firms through conversations with the world’s best investors and operators. Listen wherever you get your podcasts: https://link.chtbl.com/TurpentineVC
TIMESTAMPS:
(00:00) Episode Preview
(01:52) Reliving Martin's most stressful moment
(06:09) How the lawsuit impacted Martin's team
(09:52) How the government handled Shkreli’s case
(11:22) The day Martin was taken by authorities
(14:28) Sponsor: NetSuite
(19:10) Hedge funds’ relationships with the law compared with venture
(25:57) The price hike and pharma industry norms
(32:22) Explanation of charges
(41:15) The new CEO
(44:36) New trope of private equity pharma
(48:57) The demise of trust in the media and Pharma Bro
(57:11) Regrets and anger
(59:45) The epidemic of criminal injustice
(01:02:58) Being sued by the FTC under the Sherman Act (monopoly law)
(01:06:03) Shkreli and Silicon Valley
(01:08:31) Entrepreneurship post-indictment
(01:15:40) Martin’s time in prison
(01:21:48) Martin reflects on being a repeat founder, and where his passions lie now.
X / TWITTER:
@wagieeacc (Martin)
@jessegenet (Jesse)
@eriktorenberg (Erik)
@inthearena_pod
SPONSORS: NetSuite
NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ head to NetSuite: http://netsuite.com/upstream and download your own customized KPI checklist.
In The Arena is a part of the Turpentine podcast network. If you loved listening, subscribe at the podcast platform of your choice: https://link.chtbl.com/MwjyhPC5
Upstream and In The Arena are part of the Turpentine podcast network. Learn more: www.turpentine.co
RECOMMENDED PODCAST:
Turpentine VC: Delve deep into the art and science of building successful venture firms through conversations with the world’s best investors and operators. Listen wherever you get your podcasts: https://link.chtbl.com/TurpentineVC
TIMESTAMPS:
(00:00) Episode Preview
(01:52) Reliving Martin's most stressful moment
(06:09) How the lawsuit impacted Martin's team
(09:52) How the government handled Shkreli’s case
(11:22) The day Martin was taken by authorities
(14:28) Sponsor: NetSuite
(19:10) Hedge funds’ relationships with the law compared with venture
(25:57) The price hike and pharma industry norms
(32:22) Explanation of charges
(41:15) The new CEO
(44:36) New trope of private equity pharma
(48:57) The demise of trust in the media and Pharma Bro
(57:11) Regrets and anger
(59:45) The epidemic of criminal injustice
(01:02:58) Being sued by the FTC under the Sherman Act (monopoly law)
(01:06:03) Shkreli and Silicon Valley
(01:08:31) Entrepreneurship post-indictment
(01:15:40) Martin’s time in prison
(01:21:48) Martin reflects on being a repeat founder, and where his passions lie now.
X / TWITTER:
@wagieeacc (Martin)
@jessegenet (Jesse)
@eriktorenberg (Erik)
@inthearena_pod
SPONSORS: NetSuite
NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ head to NetSuite: http://netsuite.com/upstream and download your own customized KPI checklist.
Released:
Aug 11, 2023
Format:
Podcast episode
Titles in the series (61)
E4: David Sacks on his intellectual and political journey: David Sacks is known as a CEO/investor in multiple unicorns, and most recently a media mogul with All-In. In this episode, we trace David’s intellectual and political history from his days fighting student activism at Stanford to now. by "Upstream" with Erik Torenberg