David Senra · Aug 9Founder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
In the late 1980s it held $15 to 20 billion in liquidity. Prepping for the meeting took Ovitz four weeks of library and stockbroker research, versus six or seven hours with AI on a similar deal today.
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- Ovitz spent a year building trust in Japan before getting a single assignment▶ 19:30Matsushita then held 15 to 20 billion dollars of liquidity, unheard of in the late '80s.
- Ovitz uses AI to cut diligence from weeks to hours and calls it a generalist's superpower▶ 17:04Four weeks of analog prep for Matsushita versus six or seven hours on each of two days with AI.
