David Senra · Oct 12Michael Dell, Dell Technologies | David Senra
Recruited at about 45 when Dell was 21, he organized operations and unlocked bank financing by pointing lenders to large customers' purchase orders. He later helped with the private placement and the IPO.
Tips
- Michael Dell hired Lee Walker to fill the gaps in finance and operations he did not enjoy▶ 58:59Walker lent credibility to a 21-year-old founder, helping break open the capital logjam.
- Lee Walker got Dell loans by borrowing against Texaco-sized customers' receivables▶ 1:01:15Revenue was around $60 million a year while the bank accounts held roughly $200,000, as David Senra recounted from the book.
