December 15, 2022
Derek Distenfield, who is the Managing Director of Fundamental Global and FG Labs, revealed in a 16-minute interview with “Play the King” podcast that he looks for “outstanding leaders” when investing in companies.
As an award-winning entrepreneur, Distenfield has achieved many accomplishments working with technology companies. In the interview, he explained that his experience as an investor and mentor has allowed him to work with companies that have ranged from $0 failures to $2 billion dollar successes.
Throughout the podcast, Distenfield continued to stress the importance of leadership. Emphasizing the point, he noted that when a company begins to lose money and is struggling, the CEO and leadership team is “what you’re betting on” to turn things around.
“We really do believe that great companies start with great founders and great CEOs, and that could be in the lumber space, it could be in the movie industry, or it could be in tech companies like Firefly,” Distenfield said on the podcast. “And we’ve ultimately found, if you find the right leader, good things can happen.”
