- Joined
- Nov 29, 2015
- Messages
- 17,486
Do we know her real net worth?
She spoke my to my law class a long, long time ago. She is phenomenal. She is very wealthy, but she said she could have been a lot wealthier from the sci-fi channel. Told the story that she started as a corporate lawyer at a small regional cable provider, had a chance to buy into ownership, grew the subscriber base by a lot and then sold it. She realized that all the money was in actually owning a channel and wanted to start a women's beauty products channel. Her husband liked science fiction and said there was a big audience that didn't have anything for them. She hated science fiction but did the market research and saw her husband was right. Went through all the process of starting the sci-fi channel, got Isaac Asimov and a bunch of big science fiction authors to be on the board and help pitch the idea to investors. Got the financing, had the channel set to launch in a few days, and then the USA network called her and said, "We want to buy your channel." I can't remember the exact amount of money, I think it was for 90-100 million. She knew it could be worth a lot more in the long run and had spent so long launching the channel, she was thinking of telling them no, then USA Network made a mafia move and said, "BTW if you don't sell it to us, we will start our own science fiction channel and bury your channel." So then she sold it to them.
Didn't know she led the BOT now. I will have to stop making fun of them so much as she is actually pretty awesome.
Last edited: