STORRS, Conn.- Sarah Trainor (Poughkeepsie, N.Y.) and Travis Roux (Northport
N.Y.) have been respectively named BIG EAST Women's Track Athlete of the Week and BIG EAST Men's Field Athlete of the Week
running an impressive time of 10:05.46 in the event
The performance vaults Trainor to second on UConn's all-time list in the event
Trainor now ranks first in the conference in the steeplechase
Roux takes home the award after a personal best throw of 52.19 in the discus at the Penn Relays
The performance places the senior captain 8th on the program's all-time list in the outdoor discus
The Huskies return to action this Saturday at Northeastern University for the Jay Carisella Coaches Invitational in Boston
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Cursty Le Roux Named Assistant Volleyball Coach1/18/2025 11:00:00 AM | Volleyball
ShareSaveCommentBusinessHollywood & EntertainmentLa Roux’s Elly Jackson On Her Return To Playing The U.S. And Upcoming AlbumByDavid Chiu
Forbes contributors publish independent expert analyses and insights
David Chiu is a freelance music writer based in New York.Follow AuthorMar 12
It’s been over 10 years since the British electronic pop musician Elly Jackson
But that long hiatus will conclude this Saturday
when La Roux will play in Los Angeles for the start of a month-long residency
“It’s nice to finally be getting a run going and singing the old songs again” says Jackson
who came onto the music scene in 2009 with her smash self-titled debut album
“I’m very much looking forward to playing for people again and getting back into it
came out in 2020 when the COVID pandemic forced musicians – and the rest of the world — to shut down
Now La Roux’s return to the stage with her Los Angeles residency is not only an opportunity for her American fans to be treated to the hits
but the residency is also a preview of new music from her upcoming album (whose title and release date have not been officially announced)
“This record is solely American production-influenced,” Jackson
says of why she chose to play in Los Angeles
“I don’t feel like it makes as much sense in the U.K
All of the visual references are also completely American
Being in the sun is where this album should be
It's nice to start things from where it felt like it was born.”
there is a difference between performing in front of American audiences and those in Britain
“I feel like people [in the U.K.] have high expectations and they see a lot of entertainment,” says Jackson
“There’s a bit more kind of waiting for you to impress them
it’s like the audience is completely different
I feel like America generally has a kind of like you can talk to people in the street
I bumped into so many people and I ended up having conversations and it’s kind of like a friendlier
And that also translates on stage and the response that you get from the audience.”
says she wrote about 80-90 percent of the new album by herself
“Then what I usually do at the end is maybe bring it to somebody that I really trust
that I already have a good relationship with
“I have a friend called Sean [Oakley] who lives in L.A
and who’s very good at what he does," she continues
I wanted to spend a few weeks with him in L.A
also because I wanted the record to have some time in its place of influence
So I did that probably well over a year ago
I spent a few weeks out there with him seeing what else could be added
“It’s very weird for me to see how much time has gone,” Jackson says of La Roux’s recent milestone
I think there's been a lot of kind of anniversarial stuff that's happened recently
When you go through phases and come out of them
you very much feel like you're being reborn in an anniversarial way.”
Jackson set her sights on La Roux — which started as a duo project with producer Ben Langmaid — achieving success in a big and bold way
“I definitely wasn’t aiming small when I was younger
I was involved through rave culture and the kind of Ed Banger-Maison Kitsune-French electro thing
That was really important for me to merge that with the old references
So I was very keen to have what they used to call a kind of breakthrough crossover record
Jackson says she never wanted to be an artist that does the same thing twice
“I think you always have to challenge yourself
Delivering what you’ve delivered before in a slightly lesser form doesn’t make any sense to me
I’ve watched other artists try to do it and try and stay in that lane
And it’s so hard because the longer you stay in it
It's why I changed my look really quickly
But there was a lot of tension and a lot of people that were like
‘Why don't you just write another “Bulletproof”?’ Which my answer is always
but it doesn't work like that.’ Art isn't about that.”
Trouble in Paradise was appropriately titled as it saw the departure of Langmaid and became the last record Jackson would make for a major label
“There was a lot of tension around it,” she says about that second album
“It broke up the relationship with my record label because I did what I wanted to do
and I didn't want to do what they wanted me to do
But I do feel like it's paid off many years later
I was rehearsing yesterday [for the residency]
and I love singing songs from that album: “Sexotheque,” “Cruel Sexuality,” “Tropical Chancer.” I think it is some of my best work.”
was released in 2020 through Jackson’s own label; among the standout tracks was “Gullible Fool,” which provided further evidence of the growth of La Roux’s sound
“I was coming up to another five years in between records
‘I can't have this again.’ I'd also broken up from the longest relationship I'd ever been in
“Gullible Fool” is the maturation of so many things
I think it's definitely the most honest moment on the record
I do think there are great moments on that record
but I also feel like it just had to happen and I had to move on.”
Jackson is hoping to perform in other places in the near future
“I know there’s a lot of people online being like
Don’t worry.’ This is very much just the beginning
I would say this is a warm-up for where I’m going
I just want to play some of the new tracks live and see how they feel
I'm kind of working it out at the moment
I would love to do a residency in New York
I think there's definitely scope for that
La Roux will perform in Los Angeles on March 15 at the Sun Rose; March 22 at the Peppermint Club; March 29 at Moroccan Lounge; and April 5 at El Cid
the daughter of Paul and Sadie (Rindahl) Roux. She attened school in McIntosh
MN and trained as a beautician and owned and operated a Merle Norman Beauty Salon in Crookston
MN for a number of years. She went on to work as a nurses aide in a Crookston nursing home and later in life worked for her long time friend
MN. Her greatest achievement in life was her capacity for kindness and helping others.
son: Jonathan Roux of Portsmouth
VA; daughters: Theresa Lesline (Dustin) of Sioux City
Iowa and Laura Lauster (Mack Burns) of Salem
VA; three grandchildren; sister: Anne Roux
MN; brothers: Charles (Fran) Roux of Buffalo
She was preceded in death by her parents.
West Funeral Home & Life Tribute Center
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This article reported outcomes (weight and metabolic
quality of life) from a secondary analysis of the SM-BOSS randomized prospective trial comparing Roux-en-Y gastric bypass (n = 110) with sleeve gastrectomy (n = 107)
All included patients from the four included Swiss bariatric centers were classified as severely obese prior to the index operation
Data were available for at least 10 years following the index procedure
The data analysis showed that excess BMI loss was 65.2% for Roux-en-Y gastric bypass compared with 60.6% for sleeve gastrectomy
Patients undergoing sleeve gastrectomy had significantly higher reoperation rates due to insufficient weight loss and higher rates of gastroesophageal reflux
The authors concluded that Roux-en-Y gastric bypass was associated with superior long-term outcomes compared with sleeve gastrectomy
This study reported a systematic review of literature performed to identify the prehabilitation components associated with better patient outcomes
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The American Civil Liberties Union of Maine said the Trump administration has arbitrarily revoked the visa of an international graduate student at Northeastern University's Roux Institute in Portland
ACLU attorney Zach Heiden said the student
who asked not to be named due to the sensitivity of their case
is among dozens of international students across New England whose lives have been suddenly disrupted
"They're not able to continue with their studies
They have to live in fear that they might be deported
adding that the government provided no reason for its decision
"The government is supposed to provide people a reason when it's changing their status
and an opportunity to present their side of things
the government has engaged in what looks like really arbitrary conduct," he said
Last week the ACLU of Maine joined a class-action lawsuit against the Trump administration on behalf of international students across New England who've had their visas revoked in recent months
Department of Homeland Security has terminated visas or legal status for more than 1,400 international students across the country
According to Northeastern University's website
as of last week more than 40 of its students and recent graduates have had their visas revoked
The legendary chef is as busy as ever in the post-Gavroche era – but there’s always time for his grandchildren..
I think I was probably 13, maybe 14, and I was working during the summer holidays washing up and doing basic veg prep in one of Dad’s restaurants
[See also: Best restaurants in Mayfair]
It was not necessarily a given, but it’s something that I always wanted to do from a very young age. In a similar vein, my daughter (Emily Roux, co-owner and chef at Michelin-starred Caractère in Notting Hill)
I am a saver. I am thrifty; I hate waste as well. As a chef it’s very important to control waste, but I’m the same in my daily life. I don’t own a fleet of Ferraris or anything like that
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A cheese soufflé with a glass of wine. That’s a meal and a half, isn’t it? I love making it, and I love cooking it, and I love eating it in autumn, winter time when it’s really cold. In summer, if we are in the house in France
The highlight has to be cooking for the late Queen for her 90th birthday. She had booked a table, and we were specifically told not to close the restaurant – it had to be a proper evening in a restaurant
The other guests didn’t know the Queen was coming for dinner
When Her Majesty came down the stairs into the main dining room
I’d like to think that I’m fair and that I stay humble
I’ve got my wife and daughter to thank for that
[See also: London restaurants win big in Michelin Guide Great Britain & Ireland 2024]
I can forgive somebody working for me for not doing something right
The opening of the new restaurant [Trocadero’s, near Glasgow] with my name on it
At the moment the personal aspect would be spending more time with my grandchildren
It’s nice to be able to take the two boys away from Emily every now and then
and give her a bit of – not free time – ‘free’ time at work
[See also: ‘We need moral and spiritual sustainability’: Brunello Cucinelli on pasta, prices and profit]
and respecting everyone – even the washer-up
And I know because I’ve been there and done it
a freelance journalist with a CV that includes ITV News
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TFRRS | Travis Roux – Track and Field Results & Statistics
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Wilhelm Roux’s Der Kampf der Theile im Organismus (The Struggle of Parts in the Organism) was published in 1881 but remained untranslated into English until 2024
when a translation by David Haig and Richard Bondi was published
he will place Roux’s book in the context of a turn toward physico-chemical explanations in 19th-century biology especially in Germany
Roux attempts to explain the internal purposiveness of organisms by selective processes that take place during development
He envisaged a hierarchy of levels of selection from competition among the smallest living units within cells
Roux believed that this internal conflict solved some limitations of the Darwinian theory of natural selection
The Schreibman Lecture in Integrative Biology honors the contributions of Distinguished Professor Emeritus of Biology Martin Schreibman ’56 to teaching
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On March 6, Bayou la Roux in downtown Troy announced that it would be closing down indefinitely
Troy’s “taste of the bayou” officially opened in January of 2024 after remodeling the building that once held Francesca’s in downtown Troy. Bayou la Roux was Troy’s only authentic Cajun restaurant
Owner and head chef Ben Kay previously ran his Cajun and Creole food truck out of Sips Beer Garden and Food Court before opening Bayou la Roux
The Louisiana native attended the Louisiana Culinary Institute and worked as a chef in Monroe and Baton Rouge
Bayou La Roux was voted The Messengers’ Best of Pike Fine Dining Restaurant in 2024
“It has truly been a privilege and an honor to serve this community,” Bayou la Roux’s announcement of the closure read
“Thank you to everyone who welcomed us and made us feel at home in your town
We had a lot of victories but ultimately we couldn’t keep up with raising taxes and inflation
I count myself lucky to have known each and y’all deserve better
You guys are the best team I have ever had the privilege to be a part of and I know y’all will find success and prosperity in anything you set your mind to
There are four games featuring a SWAC team on the Monday college basketball schedule
5-3 SWAC) will attempt to build on a three-game home winning streak when…
The Nashville Predators’ Roman Josi and the Ottawa Senators’ Brady Tkachuk will be two of the most exciting…
will be in action Monday versus the Ottawa Senators at Bridgestone Arena,…
MCDOWELL COUNTY, N.C. (WLOS) — Hurricane Helene has taken 106 lives in North Carolina
according to the Department of Health and Human Services
McDowell County Emergency Services reports that two people died during the storm; however NCDHHS is reporting only one death
the lone victim was 33-year-old Julie le Roux
le Roux later made her home in the mountains after she moved in with her fiancé John Norwood on Geneva Drive in McDowell County
SANDRA ROGERS, KILLED BY HELENE, REMEMBERED AS LOVING FAMILY WOMAN AND ANIMAL ADVOCATE
"You look back and it would rival 'Ferngully' – trees and just lush
Art was le Roux's passion and Norwood built her a studio on their property just off Buck Creek
you wouldn't be able to tell where it once stood
The couple tried to leave the morning the storm swept through
but trees were falling quicker than Norwood could cut them down
ASHEVILLE COMMUNITY HONORS LYN MCFARLAND, VICTIM OF HELENE, WITH DAY OF REMEMBRANCE
'Everybody take cover,' because they saw a 60-foot wall coming to them and in Andrew's story
he said in seconds it was there,” Yates said
the debris hit the side of the house Julie was on,” Yates said
“John saw the fireplace fall and right before that
he said 'I love you' and then he lost track of her after the fireplace fell.”
During an interview on Good Morning America
Norwood pled for help from his hospital bed with a slew of injuries while family
friends and first responders searched through the apocalyptic landscape
“You see the pictures and you think you have an idea
and then you get there and it's worse,” Yates said
SWANNANOA COUPLE KILLED BY HELENE HONORED WITH POSTHUMOUS COMMUNITY SERVICE AWARD
It had been some time between visits for Yates and le Roux
but they were planning on getting together in the near future
Le Roux leaves behind not only a lifetime of memories but a physical legacy
Yates told News 13 that she always had her foot in the door in the art community wherever she was
“We had a gallery wall in the Chalet Restaurant dedicated to her as our artist in residence," Whitney Ledford said
Ledford is the general manager of the Switzerland Inn and Chalet Restaurant where le Roux worked the front desk for a number of years
she added "artist in residence" to her resume
“Her spot in this world was not at the front desk of the Switzerland Inn
it was painting and enjoying all of what nature had to offer,” Ledford said
HURRICANE HELENE DEATH TOLL IN NC RISES TO 106 AS NCDHHS UPDATES STORM-RELATED FATALITIES
the beer menu features a chalk landscape drawing with a fowl
It is partially incomplete as "the tiny little corner – it says not finished
I will be back with her initials," Ledford said
her plein air painting of the stunning surrounding landscape will "forever remain at the Switzerland Inn." The Inn gave the rest of le Roux's work to her family
Yates said there was an art walk where family and friends "brought art that they had been given from her or bought from her and we set it up in the hallway and everyone got to walk through."
the Switzerland Inn was finally able to turn their phones back on
POLL: WHAT SHOULD ASHEVILLE LEADERS PRIORITIZE AFTER HELENE?
"The day that we turned our phones on
the first call that came through was Julie's mother
and we had a full-on conversation and I expressed to her that I would really like to honor Julie's life here," Ledford said
“It was really nice to reminisce and smile through the tears about her and what she added to everyone’s life in the room,” Ledford said
“She will forever be a part of this property.”
The Switzerland Inn will continue to honor le Roux's legacy with "Julie's Gallery" featuring pieces from local artists apart of the Little Switzerland Artisan League
Boil & Roux has remodeled and updated a lot of the inside and outside areas following the Food Network show “Restaurant Impossible” on Friday
during an ABC board meeting discussing allegations against the business of Boil and Roux
District 8 council member Denise Amoroso listens to conversation during the last meeting of the metro council for the year
Boil & Roux’s Maurice Walker in the remodeled main dinning room that was updated after the Food Network show “Restaurant Impossible” on Friday
a popular seafood restaurant on Coursey Boulevard
is going to shut its doors for good at the end of the month
it is with a heavy heart that I announce the closing of Boil & Roux Dec 30th,” owner Maurice Walker texted in a statement to The Advocate
but circumstances have brought us to this point.”
Walker’s statement blamed the restaurant's closing on actions taken by Baton Rouge Metro Council member Denise Amoroso and the Alcoholic Beverage Control Board
who Walker claims still holds more than $15,000 worth of their liquor
Boil & Roux has been at the center of controversy with its neighbors and city-parish officials for years due to repeated noise complaints
permitting issues and problems with its liquor license
It's been operating on Coursey Boulevard since 2014
“All we ever asked was that they obey noise ordinances and respect the neighbors ..
and they did not,” Amoroso said when asked about Walker’s claims
”Their pictures were falling off the walls
The disrespect of some of the patrons that were going there toward the neighbors
the threats to the neighbors — just a lot of things."
Amoroso said she was "standing in for my neighbors as their city council person."
"That's what I'm supposed to do is represent my constituents and issues and problems that they're having — and that's what I was doing," she said
Amoroso said that she hasn’t interacted with Walker or anyone from Boil & Roux for a little more than a year
Walker has said he’s being discriminated against because of his race
he filed a lawsuit against the ABC board claiming unequal enforcement of parish policy
such as El Paso Mexican Grill (which is less than a half mile away) are not subject to similar enforcement
The parties came to an agreement in September 2023
Court records show that Boil & Roux’s landlords
filed a lawsuit in November 2020 asking the courts to initiate eviction proceedings
alleging that the restaurant was nearly $18,000 behind on rent
That petition was dismissed in January 2021
In late April
Boil & Roux’s landlord filed for eviction again
claiming that the restaurant failed to pay rent since June 2023
rent for Boil & Roux is $6,143.59 due on the 5th of each month
the two parties agreed to a stipulated judgment in the eviction proceeding in which Boil & Roux agreed to vacate the premises voluntarily on Dec
“We left all other issues in the case open
as to back rents and all that sort of stuff,” he said
Those issues will be litigated in the future
Boil & Roux was featured on chef Robert Irvine's "Restaurant Impossible," which aired last year in January
Irvine and his team helped Walker create a layout for a renovated outdoor dining space and improve the restaurant's daily specials
it’s not the end,” Walker wrote in his statement
“We’re excited for what’s to come and hope to continue serving this amazing community in new ways
Email Serena Puang at serena.puang@theadvocate.com
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The business of Boil and Roux is seen hours before an ABC Board Meeting where allegations against the business are slated to be discussed
The former Boil & Roux building on Coursey Boulevard has been sold for just under $1 million to a group that plans to open multiple eateries on the site
of Gonzales sold the building at 11777 Coursey in a deal that was completed last week
The buyer was MAARS Properties LLC of Baton Rouge
The plans are to fully remodel the nearly 5,100 square foot building and turn it into two or three restaurant spaces
while the other will be complementary eateries
Plans are to open the restaurant in three to six months
Jane Lu of Property First Realty Group represented the sellers
Duncan said a deal was struck for the building before it went on the market
The building has been vacant since Boil & Roux shut down at the end of 2024. Boil & Roux was at the center of controversy with its neighbors and city-parish officials for years due to repeated noise complaints
Grand Wall Chinese twice sued to evict Boil & Roux
claiming the restaurant owed thousands of dollars in rent
Boil & Roux agreed to vacate the premises voluntarily as part of an agreed-upon judgment in court
Email Timothy Boone at tboone@theadvocate.com
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We chat with author Madeleine Roux about Much Ado About Margaret
which is set in Regency England and follows a rebellious writer and the man who risks everything to publish her
I’m a writer living and working in Seattle
I’ve published over twenty novels for kids
but I’m probably best known for my young adult horror series
but I’ve also cherished branching out into science fiction
I’ve had good fun doing books for brands like Marvel and D&D
but I’ve always been interested in a huge range of genres and my writing reflects that
My parents have some funny samples of my first “books” which were tiny paper pamphlets I stapled together and illustrated
One of them is about Ariel from The Little Mermaid interviewing the different Disney princes to find out who she should marry
then deciding none of them are good enough and running off with Sebastian the crab to just vibe and see the world
I grew up in an artistic household—my dad was always painting or sketching
and my mom got me into Jane Austen and Shakespeare from a young age
I can’t remember a time in my life when stories and storytelling weren’t front and center
If you could only describe it in five words
Readers can expect to fall into a world that’s based on history but has magic sparkling around the edges
I wanted to create an atmosphere that feels like somewhere you’d like to go
you’ve made friends with some of the characters and can imagine yourself spending time with them
They’re also going to get a love story about two strongwilled people who have flaws and challenges
but ultimately they are better and more healed when they’re together
Where did the inspiration for Much Ado About Margaret come from
I’ve been a Jane Austen nerd and a Shakespeare nerd since childhood
and it just felt natural to combine the two things
Shakespeare’s plays were actually hugely popular during the Regency period
so it’s not a stretch to have those influences transfer
Both writers have such a transportive quality to their work
and that for me is a huge strength of romance
the way you can get swept up in the lovestory of two total strangers
I looked to my own childhood growing up in an artistic home to come up with Margaret Arden and her family
and then pulled inspiration from the cheeky magic of Shakespeare’s comedies and the quiet beauty of Austen’s novels to build the rest of the world
really came from experiencing so much Regency content that glossed over what effect it would have on men to go to absolutely brutal war and then return home to
take a turn around a drawing room or shoot some ducks
I wanted the challenge of showing a man with real challenges
and still portraying him as lovable and well-rounded
See alsoAuthors In Conversation: Robyn Schneider & Ciara Smyth
but I always have the most fun writing the villains
It’s incredibly enjoyable to sit in the mind of someone who doesn’t like your main characters much
And it’s a great way to see if you’ve actually made flawed heroes—is there any legitimate criticism of them
let’s explore that from another person’s point of view
Regency novels just aren’t any fun without arrogant
there are always genre conventions you want to be respectful of—I might not give happy endings in my horror books
but I absolutely make sure to when I write romance
You’re still trying to create characters that feel real and setting interesting obstacles in front of them
then letting them loose at those obstacles to watch them grow
I think genres can inform each other wonderfully
but you can take those skills and apply them elsewhere
Tension and stakes are always high in horror
and worldbuilding is crucial in fantasy and sci-fi
and those aspects mesh beautifully with romance
Right now, I’m working on a few things I can’t announce yet, but also the follow up to Much Ado About Margaret. In fall of 2025, my next young adult horror, A Girl Walks Into the Forest
A24-inspired love letter to Baba Yaga and folk horror…quite a departure from this romance novel
beautifully designed and comes with everything you need to engage your visitors and increase conversions
Seattle-based author Madeleine Roux’s latest novel
“Much Ado About Margaret” (out now from Dell)
is the first in a Regency romance series that follows Margaret Arden
a tenacious young writer determined to save her family from financial precarity by publishing her novel with Bridger Darrow
the proprietor of a struggling publishing company
Infused with the wit and charm of Jane Austen and driven by Shakespearean interventions of fate
the novel is an inviting romance that doesn’t seek to merely aestheticize the decadent Regency era
magnify the social and financial barriers women faced
Roux recently chatted with us to discuss the Regency era and the relationship between grief and writing
This interview has been edited for length and clarity
What interested you in writing Regency novels
“The Proposition,” over the pandemic
My mom got really sick and she was the person who got me into Jane Austen
so I actually kind of wrote that book as a way to cheer her up
which is more what I’m known for across the board
No one tells you that when you publish your first book that that’s what you’re meant to do for the rest of your life
I was a huge romance novel reader growing up and I was that perfect age when BBC’s “Pride and Prejudice” was rolling out
so I would watch it on the couch with my mom
There’s some very fond memories around the Regency period
but now it’s interesting because when I come to it
I’m trying to come to it with a much more critical modern lens
We’re sort of on the precipice of (a) potentially unprecedented attack against women and our rights
I think it’s interesting to write in a period of time where I see similarities
Why do you think there is such a cultural fascination with the Regency period right now
There’s an aesthetic quality that everyone loves
I always worry that some of it is an ill-advised nostalgia for when men were men and women were women and you just went to balls
But it is all within a very specific class
All of the people in Jane Austen’s books and “Bridgeton” are upper middle class to rich
I too love to get kind of swept up in the aesthetics and the romanticism
but I always try to have in the back of my head that we’re talking about a very specific social class
We’re talking about a system that was very hostile to women
I’ve read a lot of scholarly articles about how it was a time where it was becoming more acceptable to marry for love
but when your entire economic life and existence as a woman is completely dependent on that match
I don’t know that you can say that with full confidence
Being the oldest daughter in her family is a crucial part of Maggie’s personality
There’s a lot of pressure for her to not only be a role model for her younger sisters
but to get into the marriage that will save them because they are financially in a tough spot
She would love to have a little more power and stability
and the thing she’s best at and has always been good at is writing
she thinks that she can have it all: write her books and make a modest income off of them and that can sort of be the thing that saves the family
I’ve always been fascinated by how many romantic heroes of this period are fresh off of war
The Napoleonic wars are going on in this time period
but we never really see them with PTSD of any kind
I’ve read a lot of accounts of those wars and I don’t think you could come back in a great spot mentally or emotionally
Bridger is grappling with a lot of dark memories of the war and everything in his family is sort of falling apart
so he’s taken on the burden of saving his family
Despite the fact that one of the most prolific literary figures in history was Jane Austen
a woman writing in and about the Regency era
public writing was not acceptable for women at this time
There is a time in the novel where Maggie’s writing becomes accidentally
How does this metaphor allow you to explore this issue
When I decided to do this mashup of Shakespeare and Austen
I wanted to bring in what I see in a lot of Shakespeare’s playful work
this trickster element working against or for the characters
mischievous character that’s pulling the strings
It’s almost like a slightly magical realism element
When she has her book with her at this wedding
a wind comes and scatters the pages all over the whimsical
Bridger gets physically slapped in the face by one of the pages
Some people are scandalized and can’t believe who could be there that would be writing (what Margaret wrote)
And then other people find the pages and find it exciting
It’s sort of the way it feels when your book comes out and then suddenly you have people from Goodreads and Twitter telling you unsolicited opinions about what they think
Your work exists in this beautiful vacuum where everyone’s telling you it’s good and then once it goes out into the world it’s completely uncontrolled
She has this sort of real-time experience of social media
Maggie claims to have “more ink than blood in (her) veins.” What compels her to write
She writes this book in a lot of ways to keep the memory of her father alive because he was really important to her
I had lost my brother right as (the book) was being edited
the cascading mourning period of being in grief
You almost feel like you can do a sort of witchcraft
but you also want other people to know about them
I want to create some kind of enduring forever memorial to this person
I was going back and adding a lot of that into her motivation
There is a sense that she could carry him forward and lock him in time
The opinions expressed in reader comments are those of the author only and do not reflect the opinions of The Seattle Times
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Brisket from Roux Barbecue which will debut as a pop-up on Saturday April 5
Pop-up menu for April 5 at the new Roux Barbecue pop-up at Cypress Coast Brewing Co
Roux Barbecue will pop-up at Cypress Coast Brewing Co
This will be owner and head chef Blake Fossier’s first time taking his six-plus years of barbecue smoking experience to the pop-up scene in Baton Rouge
but he quit in the last few months to focus on his catering business
“I've always been kind of jealous that she has her own business
and I'm stuck working a nine-to-five,” he said
He’s been tweaking his barbecue recipe since getting an offset propane tank smoker
“ I don't use any pre-made charcoal,” he said
“I just make the charcoal with the wood logs
which I get delivered from Texas — the post oak.”
The menu offerings on Saturday will include brisket
a selection of sides and dessert like bananas Foster pudding topped with a rum sauce
Fossier plans to be set up no later than 11:45 a.m
The hope is that this will be the first of many pop-ups which Fossier hopes will bolster the Roux Barbecue name for catering
The next pop-ups are planned for April 13 at Sugarfield Spirits at 481 W
and April 19 at Oxbow Rum Distillery at 760 St
Both pop-ups will start at noon and go to 4 p.m
For more information about new pop-ups or changes in schedule/menu, visit www.instagram.com/rouxbarbecue/
Email Serena Puang at serena.puang@theadvocate.com. Follow her on Instagram @dear.yall
a popular Mexican-influenced New Orleans restaurant
is set to open a Baton Rouge location after one of the owners purchased the former …
The viral LSU gymnast hasn’t been able to compete with the defending national champion Lady Tigers, but she’s been their No. 1 cheerleader and still rocking her “fire” leotard as she did for Saturday’s NCAA Utah Regional Final victory
The injury hasn’t slowed down her NIL influencer life, however, as she just did several ads promoting her signature energy drink flavor for Accelerator while wearing a cotton candy-pink leotard
RELATED: Paul Skenes earns Livvy Dunne praise for surprise LSU Gymnastics nod
/ @livvydunne/InstagramWhile she couldn’t make it to see him throw in Pittsburgh on Tuesday
she got cozy with her white Golden Retriever Roux to watch his game
“loves to watch her papa” while the dog was on the couch with her
RELATED: Livvy Dunne pulls off perfect April Fool’s prank on boyfriend Paul Skenes
Livvy Dunne/SnapchatLivvy Dunne/SnapchatRoux is glued to that TV
she couldn’t have liked what she saw as “Papa” Skenes got his first loss on the season throwing six innings and giving up five earned runs
There’s always next time where Roux (and Livvy) will cheer Skenes on again
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engineers and government officials gathered at the Roux Institute in Portland for the launch of a program promising to bring green jobs and breakthrough technologies to Maine
Attendees sipped from glasses of champagne and picked at hors d’oeuvres as they mingled with the startup founders
A roar of energetic voices spread across the swanky open-concept office space where the startups have been working for the past two months
“The energy level is just off the charts,” said Jon Wallace
a part-time lecturer in engineering at Northeastern and one of the incubator’s “entrepreneurs in residence,” who coaches other members
Wallace is developing his own company in the incubator
with a product that calculates how pilots of smaller planes can reduce their emissions during flights
He said that the incubator’s community of founders
a friendly state government and pipeline of Northeastern students make it one-of-a-kind; a venture full of promise
“It’s hard to find a place with more leading climate scientists
entrepreneurs and investors,“ Wallace said
“I’m confident … that we’re going to really be able to make a difference on … climate change.”
Outside of the Roux Institute’s office space on Fore Street
hints of climate change’s pervasive sources and immense scale appeared in various ways.
a 3,000-passenger cruise ship idled at a pier in Portland Harbor
plumes of exhaust rising from its smoke stacks
Petroleum tanks across the Fore River in South Portland were visible from the office’s windows.
where construction started earlier this month
These are the issues that the incubator’s startups hope to mitigate with technology. One of those startups is bluesonde technologies
which is developing buoys equipped with water quality sensors for outside researchers or companies to use in pursuit of removing carbon
Williams told The Maine Monitor whereas Running Tide specifically sought carbon removal
bluesonde is on the research side of things
designing its buoys to also scout locations for offshore wind sites and aquaculture
Enodia co-founders Jack Watson and Rohit Bokade are using AI to develop technology that models climate change fueled-disasters like floods to pinpoint the weak links in a power grid
revealing where infrastructure upgrades would be most effective
Founders repeatedly praised the benefits that the incubator has provided so far
They can bounce ideas off of other members and receive business advice from companies that have already scaled upward
The Roux’s office space also has a lab area where companies can design their prototypes
Dan Burgess, director of the Governor’s Energy Office, spoke of the green technologies already bound for the state and the opportunity for the incubator to add more. Burgess touted the massive energy storage project planned in Lincoln supported by a $147 million grant from the U.S
Department of Energy and the state’s offshore wind development
“I believe that the challenges presented by climate change are great
but they’re exceeded by the opportunity that we have to build an economy here in Maine
and to move Maine forward,” Burgess told the audience ahead of the incubator’s ceremonial ribbon-cutting
Two other organizations received a chunk of the 2023 Clean Energy Partnership award that seeded the Roux’s incubator
a Brunswick company advising contractors on how to scale their weatherization and energy efficiency services and a Waterville clean energy technology training program
but the Roux took the lion’s share of the funds.
The partnership’s roughly $6 million in awards that have been distributed over the past few years contribute to Gov. Janet Mills’ ultimate goal of creating 30,000 clean energy jobs in Maine by 2030, with more than half of those created thus far, her administration reported in May
That goal is backed by roughly $1 billion in American Rescue Plan Act funding that is allocated through the state’s Jobs and Recovery Plan
which went into effect in October 2021.
It will require a whole lot more funding for the Roux’s incubator to meaningfully contribute to that goal
Though it’s kicking off with just 12 startups
Adams intends for more companies to join the incubator over time
with applicants accepted on a rolling basis
“The funding that we’ve received from the Governor’s Energy Office is just really a drop in the bucket of what we hope to raise to support the companies over time,” Adams said
“We’re not the first organization to be in the climate tech space here
there’s a lot of great organizations
but collaborating is key … and we hope to grow this group very quickly.”
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Emmett Gartner is an environmental reporter for The Maine Monitor
Emmett has long been interested in stories of adaptation and accountability
Howard fellow and now explores how environmental policy aligns with Mainers’ lived experiences and where climate change complicates the status quo
he reported for a daily newspaper in Maryland and spent separate summer stints working as a trail maintenance worker in Nevada
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MEET THE MAINE MONITOR TEAM
WHO FUNDS OUR NEWSROOM
This week, we speak with David Roux, Executive Chairman of BayPine, a private equity firm focused on digital transformation. Previously he co-founded Silver Lake Partners and served as the chairman and co-CEO
David has also held leadership positions at Oracle
He currently serves on the boards of Bristol Seafoods and The Institute for Health Metrics and Evaluation at the University of Washington
Roux credits a lot of his success to being an operator before he was an investor
He worked with Larry Ellison during his days at Lotus
as well as other technology legends including his partners at Silver Lake: Glenn Hutchins
and sectors of opportunity for “digital transformation capital.”
A list of his favorite books is here; A transcript of our conversation is available here Tuesday
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Cass Farrar - 11/10/2024
The Roux cousins discuss the legacy of their fathers
what's next after the closure of Le Gavroche and how they have no plans to stopTo describe the Roux family as a dynasty is not hyperbole
his younger brother Michel joining him several years later
Both worked as private chefs for the wealthy and
after borrowing £3,000 from one such client (an enormous sum in 1967)
they purchased space on Lower Sloane Street and opened their first restaurant
thus changing the face of fine dining in Britain
Food in London at that time was, in their own words, “awful,” but between them, their restaurants have been regulars on The World’s 50 Best Restaurants lists
Albert and Michel won a joint Lifetime Achievement Award in 2006 from The World's 50 Best Restaurants
and Le Gavroche and The Waterside Inn gained no less than six Michelin stars between them
(Albert’s son) was at the helm of Le Gavroche in London until its closure in 2024
while Alain (Michel Sr’s son) heads The Waterside Inn in Bray
opened by his late father in 1972 and the only restaurant outside of France to consistently hold three Michelin stars since 1985.The Roux family is a true food dynasty (Image: Francesca Agosta)
Sitting with both sons along the edge of the River Thames at a Waterside Inn table
the feeling of being among food royalty is very real
it is clear family is at the heart of everything they do
but their devotion to continuing the family legacy by mentoring young chefs and remaining true to everything their fathers founded is unwavering
There is no sense of competition between the two cousins
They also insist they don’t feel any personal pressure
despite coming from the stuff of food legend
“When I took over from the old man at Le Gavroche
But we were brought up to share our knowledge and teach and we want to carry on by inspiring the next generation.”
It is as tough as culinary competitions get and a source of immense pride for both men
The impressive line-up of judges for the Roux Scholarship 2024 (Image: Jodi Hinds)In his trademark
Michel explains: “The six finalists are very
But it’s a matter of whether they can handle the pressure
and a scholar has to be somebody who will also be mentally able to handle everything.”
“It is like the Olympic Games because the calibre is exceptionally high
We don’t judge them on where they’re working or what they’ve done in the past; it is very much about what they do on that day and that pressure can be immense.”The Waterside Inn is the only restaurant outside of France to hold three Michelin stars since 1985 (Image: Jamie Lau)
The two don’t always agree, by their own admission, but external guest judges are invited in every year. In 2023, Thomas Keller of The French Laundry joined the panel
Michel Jr.’s daughter Emily Roux and husband Diego Ferrari are now involved
The scholarship winners are very much like family
“Our dads started young and achieved so much in their own right,” Alain says
“They did a lot to inspire and help so many people
I often heard them talk of people they were working with like sons and daughters.”Alain and Michel are holding a private celebration to honour their fathers
many of those scholars they mentored will join Alain and Michel in October at The Dorchester Hotel for a private celebration of life to honour their fathers
making a larger funeral impossible at the time
But they want the gathering to be a “great party
but it will also be a relief when it’s over because it will be very emotional
We want to see it as a celebration because it’s at the same time as the 40th anniversary of the Roux Scholarship and it’s for everyone whose lives they’ve touched
They really changed the food scene in this whole country
and I feel very proud of that.” Michel agrees: “They would want all of us to have a good time; we don’t want anybody crying too much.”
Private library at The Waterside Inn Alain has recently built a new private library at The Waterside Inn
It’s a space that is hugely inspirational and immensely peaceful
but the renovation was extremely emotional.Alain Roux has renovated the private library at The Waterside Inn as a tribute to his late father (Image: Francesca Agosta)
“Dad died right here in this room,” he says
the room is a regal and beautifully designed alter of sorts to the incredible achievements of their fathers
A glass cabinet is lined with original ceramic Michelin men and a hand-written letter from Queen Elizabeth II espousing her love of their food
The walls are adorned floor-to-ceiling with Roux tomes in multiple languages
The space was designed for study or quiet reflection
with views of the river over an impeccably manicured vegetable garden
“There is a wait list for that,” Alain says
there were never any thoughts of moving into the house himself
I see it all as great memories and I don’t want to lose those
Closing Le Gavroche – and what’s next for the RouxsBoth cousins are beyond busy
but there is no sense either has plans to slow down
Their work ethic is nothing short of astonishing
Michel may have made the decision to close the doors on Le Gavroche
but he is juggling as many projects as ever
“If I achieve half of what my dad achieved in his lifetime
though his culinary achievements stand up on their own.Michel and Albert Roux outside Le Gavroche in July 1981
Michel insists closing Le Gavroche after 34 years was the right decision and
his move towards easing up a little – though he doesn’t come across as a man for whom retirement is even a flickering consideration
“We had a long time to think about it and the way we closed was the right way
The final week was a series of celebrations of something great.”
He admits he had “crazy offers to sell it and roll it out in some godforsaken places but I’m never tempted
I’ve kept the rights to the name Le Gavroche
It means I can pick and choose where it goes
Le Gavroche was very much in charge of my life
I would never allow it to be sold and diluted
What we have as a family is absolutely sacred.”
No signs of slowing downThe strong work ethic demonstrated by both men comes from their fathers but
I always used to work in the school holidays,” Michel says
“I did the washing up here at The Waterside Inn for my first little 10-speed racing bike
and from a very young age we were both taught that you don’t get something for nothing; you have to work for everything.”There is no competition between the Roux cousins (Image: Francesca Agosta)Alain agrees
I had to work over Christmas and New Year and why did I do it
but I loved it.” He admits that these days
but I want people to see they are working in a family business
I want them to feel they are coming into a home
My life is like a service: it is never the same
I like that challenge and I would never want to retire.”
That is right at the heart of what it means to be a Roux
For all the accolades and international success of both generations
it is family and unerring hard work which binds them together
underpinned by the sons’ undying loyalty to what their fathers created
“my uncle and my dad had no price,” Alain says
(Header image: Francesca Agosta)Discover more fantastic restaurants, hotels and bars with 50 Best Discovery
your inside line on the world’s leading restaurants
Metrics details
Roux-en-Y gastric bypass (RYGB) is the second most common metabolic and bariatric surgery (MBS) globally
The impact of pouch size on weight loss outcomes and complications remains unclear
This study aims to compare the weight loss outcomes and complications in long pouch versus short pouch RYGB in patients with severe obesity
conducted in 2021 in two academic tertiary Hospitals
included patients aged 18–65 with severe obesity who underwent RYGB with two different methods
The study outcome was postoperative metrics at 12 months including weight loss outcomes and complications like marginal ulceration
were divided into two groups: 107 with long gastric pouches and 112 with short gastric pouches
The average age was 41.33 ± 10.26 and 42.45 ± 11.70 in long and short gastric pouches
Patients with long gastric pouches had a mean weight of 113.29 ± 16.52 kg and mean Body Mass Index (BMI) of 42.97 ± 4.15 kg/m2
and patients with short gastric pouches had a mean weight of 118.39 ± 12.80 kg and mean BMI of 45.21 ± 5.10 kg/m2
substantial weight loss was noted in all participants (37.8 ± 10.7 kg in patients with long gastric pouch; 48.1 ± 11.3 kg in patients with short gastric pouch; P = 0.033)
were more pronounced in patients with short pouches
however the difference was not significant
Remission of underlying diseases and endoscopic findings were comparable for short and long gastric pouch groups
Both long and short-pouch gastric bypass surgeries are effective and safe for weight loss and remission of obesity-associated medical problems in patients with severe obesity and exhibited similar rates for remission of underlying diseases and endoscopic findings
More studies are needed to individualize surgical approaches based on patient characteristics
Gastric pouch size may also affect certain obesity-associated medical problems
the stoma size at the gastrojejunostomy may have a crucial role in slowing the gastric emptying and incidence of early dumping syndrome
This study aims to compare the weight loss outcomes and complications after long gastric pouch versus short gastric pouch RYGB in patients with severe obesity in two university hospitals in Tehran
This retrospective study was conducted from January 2020 to December 2021 at Firoozgar Hospital and Hazrat-e Rasool Hospital in Tehran
adhering to the ethical standards of the Helsinki Declaration ethical standards
Ethics approval for this study was obtained from the Iran University of Medical Sciences ethics committee (IR.IUMS.FMD.REC.1401.272)
Written informed consent was obtained from the participants in this study
Data were gathered retrospectively from Iran National Obesity Surgery Database (INOSD)19
preoperative medical conditions (such as T2DM
Postoperative metrics for complications after surgery and follow-up data at 12 months included
and remission/improvement of obesity-associated medical problems including T2DM
FBG < 100 mg/dl in the absence anti-diabetic medications; Improvement: reduction in HbA1c and FBG (not meeting the criteria for remission) or decreased need for anti-diabetic medication)
HTN (Complete remission: being normotensive without any antihypertensive medication; Improvement: A reduction in the dosage or quantity of antihypertensive medications
or a decline in either systolic or diastolic blood pressure while maintaining the same medication)
DLP (Complete remission: achieving a normal lipid profile without the use of medication; Improvement: reduction in the dosage of lipid-lowering medications while maintaining comparable management of dyslipidemia or achieving better lipid control with the same medication)
OSA (Complete remission: in those patients with preoperative polysomnography (PSG) with a diagnosis of OSA
an AHI/RDI of o5 off CPAP/BIPAP on repeat objective testing with PSG; Improvement: self-discontinued use of sleep apnea treatment CPAP/BIPAP due to improved symptoms)
GERD (Complete remission: Absence of symptoms and the absence of any medication usage; Improvement: Alleviated severity or frequency of symptoms
or diminished use of medication or only when required)
Diagram of short pouch and long pouch roux-en y gastric bypass
Data were analyzed using IBM SPSS Statistics software
Continuous variables were presented as mean ± standard deviation and categorical variables as counts (percentages)
The chi-square test and t-test were used for comparisons between the two surgical groups
with a p-value < 0.05 indicating statistical significance
The study included 219 patients who underwent RYGB surgery, divided into two groups: 107 with long gastric pouches and 112 with short gastric pouches. Baseline characteristics of these participants are shown in Table 1
The average age was 41.90 ± 11.02 years and the average weight was 115.90 ± 14.74 kg
The mean Body Mass Index (BMI) was 44.12 ± 4.66
The prevalence of underlying diseases included 41 patients (18.72%) with T2DM
43 patients (19.63%) with hypertension (HTN)
36 patients (16.44%) with dyslipidemia (DLP)
and 33 patients (15.07%) with obstructive sleep apnea (OSA)
Thirty-eight (17.35%) patients had GERD symptoms
No significant differences were observed between the two groups before RYGB
At 12-month follow-up point, substantial weight loss was noted in all participants. Reduction in BMI and TWL%, were more pronounced in patients with short pouches, however, neither reached a statistically significant p-value (p = 0.07 and 0.06, respectively) (Table 2)
There was no statistically significant difference in the remission of T2DM, HTN, DLP, OSA, or GERD symptoms between the short and long gastric pouch RYGB groups (Table 3)
42.9% of the short pouch group achieved complete remission compared to 70.0% in the long pouch group (p = 0.202)
and GERD symptoms (p = 0.118) were not significantly different between the two surgical approaches
This research demonstrated that both long and short gastric pouch RYGB techniques are successful in achieving notable weight loss outcomes and remission of obesity-associated medical problems
without significant differences in major complications up to 12 months after the surgery
the long gastric pouches were created on a narrow (36 Fr) bougie that confirmed the mentioned study by Mahawar
The current study indicates that GERD esophagitis was identified through EGD in 15% of patients with long gastric pouches and 12.5% of those with short gastric pouches
it is noteworthy that 100% of patients in the long gastric pouch group and 86.4% in the short gastric pouch group reported remission and improvement of pre-existing GERD symptoms
This suggests that a significant majority of patients experienced symptom relief
despite the presence of GERD esophagitis as evidenced by EGD
This study’s retrospective nature without randomization and short follow-up period may limit the generalizability of its findings
participants’ dietary and physical activity behaviors were not controlled
the study primarily focused on the first 12 months
which may not fully capture long-term effects and complications
the strengths of this study include a robust sample size and comprehensive data collection
More randomized controlled trials with a longer follow-up period
distinct measurement of gastric pouch volume and controlled behavioral factors is suggested for future studies
exploring the physiological and metabolic differences between patients with long and short gastric pouches could provide deeper insights into the effectiveness of these surgical techniques
A more diversified patient demographic could also be beneficial to understanding the impacts across various population groups
both long and short gastric pouch techniques are effective in achieving considerable weight loss and remission of obesity-associated medical problems without major complications within a 12-month post-surgery period
These findings suggest that the choice between long-narrow and short gastric pouches may be more dependent on individual patient characteristics and surgeon preference rather than a one-size-fits-all approach
Further research is needed to explore the long-term effects and any potential subtle differences that might emerge over time
The absence of significant differences in major complications and the consistency with previous research suggest a broad applicability of these findings in the field of metabolic and bariatric surgery
Data will be available upon reasonable request by the corresponding author
Metabolic and bariatric surgery utilization trends in the United States: Evidence from 2012 to 2021 national electronic medical records network
Gastroesophageal reflux disease in obesity: bariatric surgery as both the cause and the cure in the morbidly obese population
Kayaalp, C. & Sumer, F. R-Y gastric bypass and its modifications. Ann. Laparosc. Endosc. Surg. https://doi.org/10.21037/ales-2019-bms-11 (2021)
Adult Obesity Facts (2022). Available from: https://www.cdc.gov/obesity/data/adult.html
state-level prevalence of adult obesity and severe obesity
The metabolic benefits of different bariatric operations: What procedure to choose?
One anastomosis gastric bypass is a “gastric bypass”
and peptide YY secretion in patients with and without weight regain during long-term follow-up after bariatric surgery: A cross-sectional study
Overview of developments in bariatric surgery in the Czech Republic and worldwide and new trends in bariatric-metabolic surgery
Development of ulcer disease after Roux-en-Y gastric bypass
and patient presentation: A systematic review
Perioperative interventions to prevent gastroesophageal reflux disease and marginal ulcers after bariatric surgery—An international experts’ survey
Morbidity of anastomotic leaks in patients undergoing Roux-en-Y gastric bypass
Post-bariatric hypoglycemia in individuals with obesity and type 2 diabetes after laparoscopic Roux-en-Y gastric bypass: A prospective cohort study
Effect of Roux-en-Y gastric bypass with different pouch size in Chinese T2DM patients with BMI 30–35 kg/m2
Large versus small gastric pouch for Roux-en-Y gastric bypass in individuals with type 2 diabetes and a body mass index < 35 kg/m2: Six-year outcomes
fast-emptying gastric pouch leads to better long-term weight loss and food tolerance after Roux-en-Y gastric bypass
International consensus on the diagnosis and management of dumping syndrome
The first web-based Iranian national obesity and metabolic surgery database (INOSD)
Updates to the modern diagnosis of GERD: Lyon consensus 2.0
Standardized outcomes reporting in metabolic and bariatric surgery
Metabolic and bariatric surgeon criteria—An international experts’ consensus
Assessing nutritional deficiencies in bariatric surgery patients: A comparative study of Roux-en-Y gastric bypass versus sleeve gastrectomy
Long-term nutritional deficiencies following sleeve gastrectomy: A 6-year single-centre retrospective study
Subtotal gastric exclusion and gastric partitioning: A randomized prospective comparison of one hundred patients
A systematic review of the effect of gastric pouch and/or gastrojejunostomy (stoma) size on weight loss outcomes with Roux-en-Y gastric bypass
Comparison of size of proximal gastric pouch and short-term weight loss following routine upper gastrointestinal contrast study after laparoscopic Roux-en-Y gastric bypass
Size matters: gastric pouch size correlates with weight loss after laparoscopic Roux-en-Y gastric bypass
It’s the width not the size of the pouch that matters
An extended pouch in a Roux-En-Y gastric bypass reduces weight regain: 3-year results of a randomized controlled trial
The effect of gastric bypass with a distal gastric pouch on glucose tolerance and diabetes remission in type 2 diabetes Sprague-Dawley rat model
The proximal gastric pouch invariably contains acid-producing parietal cells in Roux-en-Y gastric bypass
Marginal ulcer after gastric bypass: A prospective 3-year study of 173 patients
Marginal ulceration after Roux-en-Y gastric bypass surgery: Characteristics
Importance of pouch size in laparoscopic Roux-en-Y gastric bypass: A cohort study of 14,168 patients
Factors associated with complications or failure of endoscopic balloon dilation of anastomotic stricture secondary to Roux-en-Y gastric bypass surgery
Improved surgical technique for laparoscopic Roux-en-Y gastric bypass reduces complications at the gastrojejunostomy
Revision procedures after initial Roux-en-Y gastric bypass
treatment of weight regain: A systematic review and meta-analysis
IFSO consensus on definitions and clinical practice guidelines for obesity management-an international Delphi study
Download references
Minimally Invasive Surgery Research Center
Iran University of Medical Sciences (IUMS)
Shahid Beheshti University of Medical Sciences (SBMU)
Division of Minimally Invasive and Bariatric Surgery
Center of Excellence of European Branch of International Federation for Surgery of Obesity
SS and MK: Conceptualized and supervised the study
provided critical revisions to the manuscript
and contributed to the interpretation of data
IE: Conducted the study as part of his residency research project
MK: Provided critical feedback and guidance during the study design and contributed to manuscript revisions
The authors declare no competing interests
Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations
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The transcript from this week’s, MiB: David Roux, BayPine, Silver Lake Partners
This is Masters in business with Barry Ritholtz on Bloomberg Radio
They are not interested in simply flipping companies or buying firms
and then quickly selling them what they do
They are experts at digital transformation across a wide variety of sectors in the investing world
And they essentially take companies as varied as tire manufacturers and industrial producers and retailers
and find intelligent ways to use technology to make these companies more efficient
and they help affect this massive change with great results
they’re one of the few companies that specialize in this
Their track record has been very impressive
and the approach they bring to transforming old industry companies is
David was one of the co-founders of Silver Lake Investors
a legendary firm from the nineties and two thousands
Barry Ritholtz: It’s a pleasure to have you
I’ve been looking forward to this conversation for quite a while
let’s start out with your background
Bachelor’s from Harvard Masters in philosophy from Cambridge
and then an MBA from Harvard Business School
I’ve always wanted to pretend to be an architect
that’s an area I’m fascinating
building go-karts and tree houses and the like
and that it was as much fun as building a building
a certain type of space inhabited by people
so let’s talk about some of those companies that you built
I realized this is the kind of early PC boom
but there was not very good database technology for PCs because they didn’t have what the mini computers had and the mainframes had
So I saw an opportunity to create some software and also to be able to marry that up with data for people to use on their PCs
Barry Ritholtz: So Tex gets acquired by Lotus
David Roux: Lotus is eventually acquired by IBM
so I had a very good kind of ringside seat and all that
They were very interested in the company’s suite of primarily communications technologies
because the sort of networking boom had already started up
and they saw a world where all of these PCs would be interconnected
Barry Ritholtz: How did you end up at Oracle
David Roux: I had met Larry Ellison during my Lotus Days
I think there might be some m and a opportunities
We really don’t have a corporate development function
became famous as a serial acquirer of all sorts of pieces
David Roux: I was there all through the nineties till 1999
did all the investing off the balance sheet
I also managed our started and managed the m and a program
Barry Ritholtz: can imagine Oracle in the nineties is you were out in California
Barry Ritholtz: I gotta think Oracle and Ellison
like I cut my teeth on them in the nineties
Oracle was consistently ranked best company to work
don’t know what a powerhouse Oracle was
meaning that’s the same year as Apple
And so they’ve been at it and doing a great job for a while
Larry’s often thought of as a very aggressive and astute business mind
but I don’t think he gets enough credit for his technical chops
he has been fearless about betting the company on major new architecture
he made the original bet around relational databases when everyone else Yep
He then made a major bet on Unix when it was a kind of obscure
He then made a huge bet around enterprise applications
And then maybe the most courageous bet was in the mid nineties when Netscape had gotten the first browsers out
we had a little executive committee calling
I think this internet thing is more important than most people understand
I would like to change a hundred percent of what we’re doing in development
I wanna stop all of the client server work
and I wanna re-platform everything that we’re doing on a web architecture
and I’d like to do this by the end of the day
Barry Ritholtz: Sounds like that’s a multi-year project
was he talking about a plan or was he talking about
We’re not gonna run another line of client server code
This is what our customers are gonna want in two and three and five years time
So we need to start building it now for it to be ready
but a very good sense of his technical prowess and the confidence he had about the kind of what’s coming next
Barry Ritholtz: Sounds like Oracle was quite an experience at the end of the 1990s
but I’d been there a while and it was
I’d kind of come to realize that it was always gonna be Larry’s business
I saw what I thought of as I’ve come to call it an os
And I couldn’t understand the following
I couldn’t understand why investors were pouring money into venture firms
and not doing anything to invest in technology using a private equity format
Didn’t make sense to me that it would be a good small company
Then all of a sudden it would not be an appropriate place for fiduciary capital
we were right in the middle of the internet
it was sort of not considered an appropriate place to invest that kind of capital
Was it that people were just so distracted by the new hotness
Or were the public markets there for larger companies if they needed capital
you couldn’t go write checks for hundreds of millions of dollars if you couldn’t underwrite the technical innovation at the heart of these business models
If you didn’t understand how the semiconductor worked
if you didn’t understand how the software was built
there was a theory that these businesses had volatile cash flows and therefore couldn’t be leveraged
And finally that they were companies run by children
those guys in New York and the skyscrapers and the guy in London and those people in Munich and Tokyo
I don’t think they really know what’s going on here
There’s incredible organic growth here
This is a really big and attractive opportunity
make a great return by building a business here
Barry Ritholtz: You don’t need to underwrite the entire underlying technology
You’re really just talking about that transition to whatever makes those companies that much more attractive
David Roux: When you’re doing what Silverlake does and what it was built to do
It’s like when people buy technology or enter into an agreement with a company like an Oracle or a Microsoft
you’re not buying what they’re selling you today
You’re buying the promise that they will continue delivering
you’re not buying the water in front of your house
You’re buying the promise that the water will continue to flow
And so you do need to have a point of view about how well positioned these companies are for the future
Barry Ritholtz: You co-found Silver Lake with this is
Tell us about your Silver Lake co-founders
they’re each enormously talented and capable in their own right
We talked extensively about this opportunity and agreed that it was the next big thing
I’ve been very fortunate at Silver Lake and prior companies when I started something to do it with a group of people
And that it’s always been great to have folks from different backgrounds
00:13:30 [Speaker Changed] They weren’t at
Jim Davidson and I are both big sports fans and shared season tickets for the Sharks and the Warriors
He was running the h and q investment bank
and then Roger was my next door neighbor and very good friends with Jim
it was a group of people who already kind of knew each other
had some personal relationships to build on
00:14:15 [Speaker Changed] What was Silver Lake like in 2000 as the dot coms all imploded
I would jokingly tell people that we bought high
it was a very challenging economic environment
The Nasdaq during that period fell 80% right over from
was set up as a counterpoint to the mania around the internet
you’re completely right to be excited about the technology sector
It’s underappreciated for its growth
It’s underappreciated for the strategic value that it plays in the economy
but you’re investing in the wrong companies at the wrong price
And I had a little chart that I would show them
approximately a thousand public company public tech companies at that time
These 10% are what’s driving the entire valuation
They’re trading at 10 to 30 plus times revenue
00:15:32 [Speaker Changed] Earnings revenue
I can just tell you that is the wrong price
If you take the rest of the publicly traded technology companies
which is the same as the s and p at the day of the day
00:15:54 [Speaker Changed] Pretty reasonable
So you have an opportunity to buy growth at half price
the fundamental insight at the heart of the Silverlake value proposition is
the entire tech sector was on sale even at a time when people thought it was super expensive because 10% of the market was super expensive
00:16:27 [Speaker Changed] How much of what’s been going on in the 2020s has been a focus on that same top 10% of tech companies as being overly concentrated and wildly expensive
Do you think the same situation is starting to show up in the modern era
there are some parallels and also some important differences
The parallels are that there is a concentration of interest
The differences is those companies are now huge businesses with gigantic levels of profitable
unprecedented levels of profitability and growth rates that have never been achieved before by companies at that scale
So that’s the part that’s really different
A lot of the things in internet time was highly speculative
is that today the companies with the most spectacular valuation levels are private
People aren’t wrong to say they are a winner
the sort of the bet of course is are they the only winner
And so you have to believe that there won’t be successful competition
I would only point out that 40% of their sales go to four big vendors
00:18:00 [Speaker Changed] Of whom has their own chip development program
And so I’m not saying they’re gonna build a better chip
but they’re definitely gonna build a cheaper chip
And so there’ll be some dampening for sure from that
I’m around long enough to remember when it looked like Intel was impregnable
A position in the ecosystem that nobody could touch
And now it feels like they’re an also ran
this goes back to the point that you raised earlier
which is if you’re gonna do tech investing
you need to have an opinion about the tech
It’s not just that you can look at a series of financials and say
you have to separately underwrite the quality of the underlying architecture
and believe that they’re gonna be able to keep going
they’re doubling and troubling and these are incredible numbers and growth and blah
The way they’ve gotten their improvements has been to go beyond what has been possible in any other chip manufacturer
The other chip manufacturers have gotten their productivity improvements around the physical geometry by making the chip smaller and smaller
00:19:35 [Speaker Changed] More and more Trans Moore’s Law
00:19:38 [Speaker Changed] Down to ever smaller
00:19:43 [Speaker Changed] These guys have got
have stolen a march on the rest of the industry with their GPU chips by doing other things
They’ve gotten probably two or two and a half times
But they’re talking about improvements of things that are kind of 8
And so you have to form an opinion as an investor about what is the likelihood they can keep doing that
’cause it’s been the key driver
00:20:20 [Speaker Changed] And keep doing that for the next three to five years
00:20:26 [Speaker Changed] So let’s talk a little bit about Silver Lake and how that eventually leads to Bay Pine
and I don’t know if my my memory is correct
Silver Lake was one of the first buyout shops built around making technology investments or investments in technology companies
00:20:47 [Speaker Changed] Other deals had been done
but they were occasional and they weren’t the central focus for
00:20:54 [Speaker Changed] Tell us some of your memorable investments at Silver Lake
I think some of the investments that the firm is best known for out of the box first was Seagate
but finally crafted extended supply chain through Asia and Wall Street hated ’em
It was hardware in the age of the internet
really hot back then was any new telecom business
One of the insights that we had as a group
it stemmed from the fact that we were not finance people
but industry people with operating backgrounds
is we understood that the entire tech industry is an ecosystem
All the parts sort of need to fit together
00:21:56 And they operate inter dependently
And so everybody at that time was talking about the information superhighway
They’re buying the telecom companies and they were buying all these new applications that you could do on the internet
but people forgot that you couldn’t have an information superhighway without parking lots
the bit had to start somewhere and it needed to end somewhere
So if you believed that broadband was going to explode
then you must also believe that storage is going to explode
And so we were able to look at that kind of systemic arbitrage around the architecture and say
I don’t think we should pay 10 and 15 times for a pipe when we can pay six times ebitda EBITDA earnings for the number one storage company in the world
there was a bunch of complications around things they owned and you know
so it was a leveraged buyout and all the rest of that
But that was really the fundamental insight
00:23:09 [Speaker Changed] So it sounds like a lot of the public market investors had a fundamental misunderstanding about the entire tech sector
overlook obvious investments in plain sight
00:23:29 [Speaker Changed] Well I think in that
it was a hangover from the very real war of attrition that for the prior 20 years had proceeded that moment in time where the industry went from 120 disc drive companies to six or seven
00:23:51 [Speaker Changed] We had an idea who were the winners were gonna be
is there going to be more blood in the water or have we arrived at an industry structure where everybody is gonna do okay
And the number one player’s probably gonna do better than most
Seagate owned some shares and other software companies and it wasn’t clear to the market how they could sell those in a tax efficient way
And that’s one of the things that with structuring
I’ll give you another one where we bought a Vago
Hewlett Packard’s semiconductor division in this timeframe
it was very much the fashion to be out of semis
The world was infatuated with the other end of the stack
00:24:55 People didn’t want to hear about semis
they didn’t want to hear about sub assemblies
they didn’t wanna hear about components
they didn’t wanna hear about computers
They wanted to hear about all the sexy high margin
And so it wasn’t wrong to say that software was good
but it didn’t automatically follow that hardware is bad
And so people had this idea almost like a dialectic
which is that you couldn’t believe in something that you like
And so semis were completely out of fashion
who had very significant capabilities and fabs that today would be worth fortunes
00:25:53 Leave aside the intellectual property and the skill sets and the trained labor force
and built this up into a kind of highly specialized in others
We didn’t buy it with the idea that we’re gonna go compete with Intel and try to dislodge them from the PC market
but rather with the idea that everything was gonna have a processor
and that somebody was gonna have to make all those processors
And so there was an exploding rest of market opportunity that Intel wasn’t focused on
I think automobiles are the second biggest consumer of semiconductors
the stat I haven’t quote for people is
is that the semiconductor content in a car is more valuable than all of the metal
it is increasingly the case that what the semiconductors enable the navigation
00:27:23 [Speaker Changed] All the features that really give a car kind of its identity
what about the rest of the world outside of PCs and automobiles
It was incredibly far looking to say in the early two thousands
they’re gonna be chips in everything
00:27:57 [Speaker Changed] You would’ve been very amused when we raised our first fund
00:28:09 [Speaker Changed] A very hot kids product
00:28:11 [Speaker Changed] Eyes bag it had
00:28:13 [Speaker Changed] And it had in it a digital signal processing chip
They would allowed it to make little noise
And I used to bring it with me to all of our fundraising meetings
I’d simply take it out of my briefcase and I would put it on the desk between myself and the prospective investor
I’d launch into my talk about semiconductors and hardware and the evolution of the sector and so forth
And I brought that for you because I wanted to illustrate in a simple way how the march of technology is going to go
I said that Furby Doll has more processing power than the lunar lander
00:29:12 [Speaker Changed] I knew you were gonna go that way
we’re looking in a world where all of music is gonna be digital
The way you do your phone is gonna be digital
And if you understand how the technology works
because you’re kind of a big brain genius
but because you’ve played the game before and you understand what all the pieces do
you’ll be in a really good position to identify those opportunities going forward
and the little wrinkle that I think gave us a lot of credibility
00:30:07 It is bringing an investment sensibility and financial discipline to the work that we do
would this be useful and would somebody else be interested
They bought PayPal and then they bought this thing called Skype
And Skype was the first software based peer-to-peer video conferencing capability so long before Zoom 20
Wasn’t exactly here what it had to do with auctions even less clear what it had to do with PayPal
But eBay bought Skype and it kind of noodled along in the Skype portfolio in the early two thousands for a year
00:31:07 No one paid any attention to it at all
They’re spread out all over the place
They haven’t upgraded the product in two years
we’d be willing to talk to you about that
And it was a business that had nice growth despite really being a feral child
we’ll pay you once what it’s worth
And we’re gonna make this way more valuable than you possibly could because we can focus on it and make a bunch of changes
they hadn’t upgraded it for a long time
Apple had just announced that they were gonna be offering a
Microsoft said they wanted to be in the business
00:32:22 [Speaker Changed] Lot of competition
00:32:23 [Speaker Changed] There was competition from very credible large players
00:32:27 [Speaker Changed] And if I recall correctly
and BroadB bandwidth that had come public in the late nineties
early two thousands were coming back up around pennies on the dollar
I recall Global Crossing and Metro Media fiber and all these companies
So the bandwidth was coming online at a cheap price that didn’t exist that way in the nineties
which is very much right into the sweet spot of
the AI process processing crunch that we have today
where people are pouring a huge amount of super expensive stuff
but which will be available three years and five years and 10 years from now
00:33:11 [Speaker Changed] Different pricing
00:33:13 [Speaker Changed] You end up buying them
the entire management team developed a series of partnerships
’cause it had been very much a kind of B2C phenomenon
Trying to really opened up a product line around B two two B b2
And it ended up being very attractive for Microsoft
one of the foundation elements in what is Teams today
it was turned out to be a good deal for Silver Lake
00:34:02 [Speaker Changed] We’re oftentimes
I think the maybe two others that we are well known for
we are the largest investor in Alibaba before Oh really
00:34:17 [Speaker Changed] That was explosive
It was a minority investment in a Chinese e-commerce company
located on the other side of the world who’s
00:34:27 [Speaker Changed] Also your co your co-investor is the people’s Republic of China
00:34:34 [Speaker Changed] Ultimate regulator
00:34:37 [Speaker Changed] Owner slash regulator
masas and SoftBank are already large investors
where Michael rolled essentially all of his ownership into it
So it was a gutsy bet because it was at a time
this is a place where the conventional wisdom was the PC was going away
We didn’t think it was gonna go away
00:35:36 And we thought that the market hadn’t really appreciated how much work Michael had done building up a store of intellectual property around next generation computing
it’s like maybe a basketball franchise that has a bunch of draft picks
which we thought was gonna be very valuable because we had a point of view about the importance of cloud
We had a point of view about the importance of cyber
and we thought that those assets were undervalued because the whole of the company was getting valued
00:36:24 [Speaker Changed] Let’s talk about
00:36:29 [Speaker Changed] I’m a starter and a builder
I like backing social entrepreneurs and feel particularly passionate about conservation
We took our foundation resources and focused it first on a thing out in Seattle called the Institute for Health Metrics and Evaluation stood that up
Bill Gates Blessedly is doing most of the support now
And they focus on understanding in detail the global burden of disease so that we know how healthy or sick
where to allocate Our healthcare dollars on the biomedical research side became very active as the chairman of Jackson Laboratories
one of the largest independent institutes in the country
focused on kind of the genetic causes of rare diseases
We’re able to double the size of that
I had this view that we were not appreciating how big artificial intelligence was gonna be
we are underinvested in advanced computer science
or maybe even hundreds of thousands that we need
is that the academics are focused on building the new platform
it now works and it’ll work a little better and they’ll keep refining it and so forth
And that what we need next are application engineers
we need to change from steam to electricity
So these will be great jobs for a lot of people
00:39:11 [Speaker Changed] This for a couple of years
00:39:13 [Speaker Changed] I’m happy as a clam
00:39:18 [Speaker Changed] You’re running the Ru Family Foundation
00:39:24 [Speaker Changed] I was not looking to start a new business
we were talking about the future of private equity
this next generation of private e needs to do something different
If we want to continue producing the super normal levels of profit that we’ve seen from the asset class
prices are higher credit’s more difficult
you can’t count on multiple expansion
So you’re gonna have to make the business
you buy better during the pendency of your ownership
There’s only so much procurement improvements available
what’s going on right now is the other 90% of the economy is being digitized
That really kind of decreases in price and makes itself smaller
So you think about what’s the difference between now and 20 years ago
All of those things mean it’s gonna go everywhere
So we’re talking about this and we’re getting ourselves lathered up about the fact that all of these analog companies
it’s dead obvious that they’re gonna do this
in those kind of sectors that are doing well are almost always those that have adopted the technology earlier
get a big leg up on their analog competitors
we could build an investment firm that not only could write a check
but could be your technology partner in helping you architect a business model future that would allow you to grow your company faster
00:42:13 [Speaker Changed] So let me push back against one thing you said just a little bit
But instead it takes a couple of guys with a lot of technology experience
a lot of operational experience and financial experience to make this real
00:42:35 [Speaker Changed] Partially agree
is that I think the opportunity is easy to see
00:42:45 [Speaker Changed] I think the execution is hard
00:42:46 [Speaker Changed] Is the challenge part
00:42:47 [Speaker Changed] The way I oftentimes say it is
And it’s hard to do because you need to understand the technology itself
you need to have a realistic sense of time
and you need to know how to weave this new technology into the processes that are already exist
It’s not like these companies have no tech
any company of any scale has an ERP system
So that you have to integrate into what’s already there
00:43:34 [Speaker Changed] So when I think of private equity
I think of them as a form of financial engineering to unlock value
What you’re really describing is digital transformative capital to steal a phrase from your website
we don’t need to just do financial engineering
If we could get these companies to adapt the latest
greatest tech in a way that’s useful and productive
Is that what led to Bay Pine getting launched and you kinda coming outta retirement to
that was sort of angen calling for the lefty from the bullpen
00:44:25 [Speaker Changed] Let’s now it started innocently enough where it was really a
a conversation between two friends with a lot of mutual expre
highly topical understanding of what was going on
And we realized that we could take and put in one place
Where a mukerjee quality world-class private equity firm with fabulous diligence
tech insight and extended personal network of relationships that would allow us to do things for and on behalf of our portfolio companies that simply wouldn’t be possible
it sounds like your competitors are the consulting firms who come in and
As opposed to you guys not only coming in with technology expertise
That’s a very different relationship than paying a consultant
The consultants actually play a very important role
And when we go in to talk to a management team
they almost always have had a consulting encounter
And they’ll have a stack of PowerPoint slides
which they’ll kind of run to their office to show us that says
the consultant told me there are 16 things that I can do with technology
but I don’t know which one I should do
I don’t know who should do it for me
I don’t know how much should it should cost
00:46:59 [Speaker Changed] Not gonna implement
00:46:59 [Speaker Changed] How long will it take
I don’t know how it integrates with what I’ve already got
And I particularly don’t know what to do if anything goes wrong
And so what we like to see is a management team that has self-awareness and enthusiasm
we can bring that to the party in a way that can be catalytic for the management team to give them confidence because they have a willingness to act
they don’t wanna do something harmful
And so having somebody who’s done it before been there
so let’s talk about some of your portfolio companies and
How are you guys looking at AI to facilitate taking some existing companies and making them more productive
despite all the hype and notwithstanding all the attention
it’s already received bigger than most people think
So I’m in the midst of putting together a manuscript and the publisher
they’re not keying on doing an index takes a couple of months
you’re paying a person all this time to look up every name
There’s an AI PDF indexer that will identify every proper name in 400 pages and create an index relative to
and I’m just imagining reproducing that sort of dumb mechanical work over and over and over again
And I know I’m just scratching the surface here
And I think that right now most people’s experience of AI maybe is a chat bot
that’s not a life person at two in the morning
00:49:33 [Speaker Changed] But what I always say is just imagine all the best AI current ones today
the the ones that you’re seeing today are the worst that you will ever see
00:49:47 [Speaker Changed] Worst you’ll ever see
It is really hard to overestimate what’s possible
And we are standing really for the first time after decades of discussion about it on a
is that you’re gonna see a lot of AI show up as features in products that you already use
The first thing you get with is probably a product that will be agents
something that works with you like a partner
it’s a more advanced version of what you were just describing
The best thing out there right now to illustrate that is a product called copilot from Microsoft
You have it running on your machine and it’s basically a programming buddy that will help you write codes
00:51:52 [Speaker Changed] And then just gets
00:51:53 [Speaker Changed] Better and can be up to a hundred percent
It all by itself has dampened the demand for computer programmers
00:52:04 [Speaker Changed] Because it’s made the ones that we have so much better
00:52:07 [Speaker Changed] You’ve just do
you’ve doubled the effective productivity
it’s just a really significant improvement
which makes it practical to imagine that you’re gonna be able to do this in law firms and accounting firms and consulting firms where you take your average employee and make ’em as good as your best
00:52:40 [Speaker Changed] So let’s take an old economy company that’s not traditionally tech oriented
How does a consumer service business like that get digitally transformed
00:52:55 [Speaker Changed] Monitor o walks into our office and said
I know everything in the world about tires
but I have a very strong opinion that technology could help my business
And I just don’t know where to start
00:53:25 [Speaker Changed] And there are hundreds of these Mavis stores
There were thousand Mavis stores when we first started chatting three years ago
but a business where the management team had a felt need around the opportunity to make it better and
and really steal a march on their competitors
And so what we did is sit down with them and say
here are six different use cases that you know
here’s what you can do around inventory management
Here’s labor productivity and capacity utilization planning
brainstorming session around that produced a whole plan
you’ll do an underwriting and we do a normal financial underwriting like everyone else
00:54:41 What’s different is we also do
a separate digital underwriting where we talk with the management team to create
a technology roadmap for the enterprise that integrates with their business model and extends it to create performance improvements
we got better digital marketing so that the search engine’s optimized for
I got a flat tire and I’m in Poughkeepsie
then here’s where you go improve the customer experience
you know when to bring your car in limit wait times
accurate estimates of how long it is gonna take
dramatically improved kind of labor utilization in the shops
got the pricing right so that we manage margins and customer expectations appropriately
we could get done in two days or two weeks
but some of those things has taken us two years to put up
is that the business is now more than twice as big
And that’s not all due to the digital
but the digital is very fundamentally enabling of that growth
it’s a lot easier to do if you do the same thing in every single store
so let’s do a talk about another portfolio company
It’s a specialty manufacturing company that builds kind of very high quality
00:56:51 [Speaker Changed] Need to be painted
00:56:51 [Speaker Changed] Doesn’t need to be painted
don’t have to take it in during the winter
So that’s sort of the fundamental value proposition of the thing
So we’re able to show them how to significantly improve yield on their online e the e-commerce side of the business
and we’re able to do that by the way
to see how to get to new adjacent market areas based on finding more people like the ones who are
00:57:54 [Speaker Changed] Once you identify a customer you want to be able to identify or
00:57:57 [Speaker Changed] Identify them electronically
then it’s a lot easier to find that electronic signature
and go look for it online rather than waiting for people to find you
The other thing that we’re doing there is
is that we have highly automated manufacturing
we can take the manufacturing and instead of manufacturing 20 or 200 chairs
sending ’em to a distribution center or a store and hoping somebody buys ’em
but it’s real time that creates pull
So that dramatic improvements in efficiency
We talked about the Roof Family Foundation and institute
Briefly tell us a little bit about what you focus on with the Roof Family Foundation
00:59:09 [Speaker Changed] What we like to do is find social entrepreneurs
folks who are looking to make scale impact in education
And then a particular focus of mine is around helping support veterans and their families
five minutes to get through five questions
What’s keeping you entertained these days
My wife and I are watching the Lioness in the Diplomat
01:00:00 [Speaker Changed] We’re about halfway through the Diplomat
And I am waiting anxiously for season two of Wolf Hall
the Henry VIII and Thomas Rummel story in POD podcast Land
My current favorite is Fall of Civilizations by Paul Cooper
Tell us about your mentors who helped to shape your career
Was a newspaper guy who ended up running Cox Enterprises
And so just getting in the habit of putting one foot in front of the other
making a little bit of progress every day and just keep going
he was the head of engineering at Lotus and had had a similar job at IBM before that
What I learned from him was that the people were more important than the products
And that building your organization primacy of people
being kind of on the pro all the time was super
What are some of your favorites and what are you reading currently
First in a trilogy with City of Desire and City of City in Ruins
And I’m currently just finished The Magician by Edmund Deval
What sort of advice would you give a recent college grad interested in a career in either private equity or technology
I always tell ’em to do something else first
And I say that because I’m a great believer in domain expertise
And so I usually counsel younger folks coming outta school to go learn an industry and or learn a craft
pick something where you’re really good at it
a cache and a standing that you don’t otherwise have
01:03:07 [Speaker Changed] And our final question
what do you know about the world of private equity investing today that might have been helpful back in 1999 when you were first standing up Silver Lake
01:03:19 [Speaker Changed] I wish I knew how important it was to be first
his first electric car was a bundle of borrowed parts and components
01:04:00 [Speaker Changed] A lotus salon with laptop batteries in
01:04:02 [Speaker Changed] Adjust with laptop batteries in it
cost of fortune credibly uncomfortable to drive
01:04:12 [Speaker Changed] Gotta start somewhere
01:04:15 [Speaker Changed] He was able to do that for years and years and years and learn and learn and develop
both of those things didn’t work until they did
He is the executive chairman of Bay Pine Private Equity firm focused on digital transformation
well check out any of the 500 plus discussions we’ve had over the past 10 years
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I would be remiss if I did not thank the correct team that helps with these conversations together each week
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Barry Ritholtz looks at the people and ideas that shape markets
66:02Barry Ritholtz speaks with David Roux
co-founder and executive chairman of BayPine
a private equity firm focused on digital transformation at core economy businesses
Previously he co-founded Silver Lake Partners and served as the chairman and co-CEO
Barry and David discuss the tech investing landscape
and sectors of opportunity for BayPine's "digital transformation capital."
Details: cache-fra-eddf8230085-FRA 1746444508 3711767881
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