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Founders Last Call Podcast

Founders Last Call Podcast

Written by: David Baker
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About this listen

Every business ends up in someone else’s hands. Founders Last Call Podcast is a narrated business history show about companies that were sold or handed off. Each episode follows one deal: how the owners built the business, the offer on the table, the steps they took to get the outcome they wanted, and what actually happened next. Every episode ends with after the last call, or the decision(s) leading up to and helping the deal close, on what became of the money and the family once the deal was done. All stories are told from the public record.

Educational storytelling only, not financial, legal or tax advice.

2026 David Baker Economics Leadership Management & Leadership
Episodes
  • Patagonia - Lesson's Learned

    Patagonia - Lesson's Learned
    Nov 12 2026

    Lesson's learned from Yvon Chouinard and Patagonia
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    5 mins
  • Patagonia and Yvon Chouinard

    Patagonia and Yvon Chouinard
    Nov 9 2026

    In 2022, Yvon Chouinard didn’t sell Patagonia and he didn’t take it public. He gave it away. The New York Times valued the company at about $3 billion, and the family still owed about $17.5 million in gift taxes to hand it off, according to Bloomberg.

    This episode tells how a climber who made gear out of his car built a company he never wanted to run. It covers how Patagonia almost went under in 1991, and why being on the Forbes billionaires list made him so angry. Then it walks through the steps. He wrote the mission into the company decades early. He gave his team a deadline. He turned down a sale and an IPO. And he spent 2 years building a new structure: the votes went to a trust the family runs, and the profits went to a nonprofit that fights climate change.

    We also look at the critics, the money that’s gone out since, and why his daughter now chairs the board.
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    18 mins
  • Broadcast.com - Lesson's Learned

    Broadcast.com - Lesson's Learned
    Nov 5 2026

    Lesson's taken from the full length episode of Broadcast.com, released last Monday
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    8 mins
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