Transcript
Introduction
Will
As I mentioned before, there have been two constants at Asurion over the last 28 years: co-founder, CEO, and Chairman Kevin Taweel, whom we met last time, and Irv Grousbeck, a lead board member and investor. Since the original acquisition, Irv had two distinct careers. First, he was the co-founder with his partner Amos Hostetter, of Continental Cablevision, a pioneering cable television company where he was the president of Continental from 1964 to 1980 and remained a director, serving as chairman for a time after that.
And so, just to take a minute on Continental, basically everyone in the cable television business in the 1960s, '70s, and '80s did well. However, there are two records that stand out: one public and one private. The public one belonged to John Malone at a company called TCI. The other one was lesser known and belonged to Irv and his partner Amos at Continental. The company had a reputation as the best run in the industry, and it also had phenomenal returns.