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Some wise words from Martin Shkreli

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TonyStark

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Oh yes, the infamous bad boy makes his way onto The Fastlane Forum!

Well, believe it or not, the guy has some really good pointers on starting a business, the pharmaceutical industry, and lots more!

So before this turns into a 'you're right - he's wrong' discussion, I just wanted to share some advice from this multi-millioniare hedge fund manager/pharmaceutical mogul...

Recent grads: focus on skills, not investing:
View: https://www.youtube.com/watch?v=hvmSTyLeC4o


Shkreli on starting a company from scratch:
View: https://www.youtube.com/watch?v=Abgt3-wOc4I&t=857s
 

Scot

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I'm curious to watch the video, but Im not this guys biggest fan. He started a witch hunt in my industry, the direct result of which almost destroyed my current company and caused a lot of layoffs.

The problem is, he's a hedge fund manager who tried running a pharma company. Pharma companies need a connection to the patients, this guy just didn't get that.
 

B V Marlon

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The second one is quite interesting, if you can put up with the echo, there's some good actionable advice in there.

I'm not sure about the first video though - he just comes across as a bit of a cock. OK, he's very successful but success doesn't mean you have to act like an a**hole. I don't think I'd be in too much of a rush to watch/listen to much more of his material.
 

Brian C.

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A couple weeks back, he gave a speech at my brother's school. Very down to earth; even approachable.

Martin Shkreli is victimized by the majority of media outlets. People without knowledge of the pharma industry are quick to point the finger and label Martin a villain. But he's come to revel in his newfound label. It's a persona he's willingly taken on.

Whether he's "right" or "wrong" is irrelevant. He's disrupting an industry almost singlehandely.

I can't speak on behalf of the pharma industry (I have no experience whatsoever), but the man knows finances. He knows business. And for the most part, I find he provides decent insight into entrepreneurship.

Why?

Because I love no BS, no excuses, non-victim views on entrepreneurship. And because a guy who co-founded a hedge fund, co-founded a biotechnology firm, founded a Pharmaceutical company, and is self-made (his parents were immigrant janitors), might be worth listening to.
 

Scot

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A couple weeks back, he gave a speech at my brother's school. Very down to earth; even approachable.

Martin Shkreli is victimized by the majority of media outlets. People without knowledge of the pharma industry are quick to point the finger and label Martin a villain. But he's come to revel in his newfound label. It's a persona he's willingly taken on.

Whether he's "right" or "wrong" is irrelevant. He's disrupting an industry almost singlehandely.

I can't speak on behalf of the pharma industry (I have no experience whatsoever), but the man knows finances. He knows business. And for the most part, I find he provides decent insight into entrepreneurship.

Why?

Because I love no BS, no excuses, non-victim views on entrepreneurship. And because a guy who co-founded a hedge fund, co-founded a biotechnology firm, founded a Pharmaceutical company, and is self-made (his parents were immigrant janitors), might be worth listening to.

As someone who's in pharma, he's very much hated by our entire industry.
 

AllenCrawley

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AllenCrawley

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I wouldn't hold the general publics opinion in high court.
You're completely missing the point. It's really not a matter of public opinion. He is responsible for his current situation. Not the Feds. I'm out.
 

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