Trump Wanted to Flip a Coin for My Fee | Ken Moelis' War Story
In the early 1990s, Ken Moelis sat down with Donald Trump to pitch his services on a restructuring. The meeting went well, until it came time to talk fees. Trump countered with roughly half of what Moelis asked, and after some back and forth, he reached into his pocket, pulled out a coin, and suggested they settle it with a flip. In this episode of War Stories over Board Games, Moelis tells Institutional Investor's Julie Segal what went through his mind in the seconds before the coin left Trump's hand, and what the moment taught him about how entrepreneurs make decisions. He also shares a stor…