An insider's view of the investment banking world from someonewho is actually shaping it
Powerful, controversial and determined, Thomas Weisel is knownfor his unwavering focus on winning the race, whether he iscompeting in a national cycling championship, sponsoring Tour deFrance winner Lance Armstrong or negotiating with businesscompetitors. For twenty-seven years he ran one of the majorinvestment banks on the West Coast, bringing public companies suchas Applied Materials, Siebel Systems and Yahoo! and wasinstrumental in establishing San Francisco as an alternativefinancial center to Wall Street. In 1997 he sold his company toNationsBank, which later merged with Bank of America. Unhappy withhis treatment after the merger, Weisel trumped Bank of America bynegotiating a separation package that included $500 million instock options and the ability to hire away crucial Bank of Americamanagement. Within two years, the investment bank he started,Thomas Weisel Partners, reached half a billion dollars in revenuesand negotiated high-profile deals such as Yahoo!'s merger withGeocities. Power Investor weaves Weisel's approach to success, hiscompetitive nature and love of cycling into a fascinating insideaccount of the cutthroat world of investment banking.
Thomas Weisel (San Francisco, CA) is the founder, CEO andChairman of the Executive Committee of Thomas Weisel Partners, aresearch-driven merchant bank exclusively focused on the growthsectors of the U.S. economy. He is founder and president ofTailwind Sports, which manages the U.S. Postal Service cyclingteam, and was an Olympic-class speed skater and the former chairmanof the U.S. Ski Foundation.
Richard Brandt (San Francisco, CA) has twenty years'experience as a leading business journalist. He was a seniorreporter for BusinessWeek for fourteen years and editor in chief ofthe technology business magazine Upside for four years.