Thomas Weisel is a legend in finance and Silicon Valley. He was the banker behind Yahoo’s public offering and some of the biggest deals during the dot-com bubble. He famously sold the firm he ran, Montgomery Securities, for $1.2 billion in 1997. And he sold his next firm, Thomas Weisel Partners, for $300 million to Stifel Financial in 2010. But it is Mr. Weisel’s extracurricular activity that connects him to the news of the moment: he was Mr. Armstrong’s biggest financial backer and the single individual most responsible for the money machine that propelled Mr. Armstrong’s career…For Mr. Weisel, the team and Mr. Armstrong were an all-consuming passion. He would go every year to the Tour de France and at times travel in the team’s pacer car, occasionally yelling instructions to Mr. Armstrong over the radio system. [Dealbook]

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Comments (13)

  1. Posted by Bess' uncle | January 16, 2013 at 4:53 PM

    "occasionally yelling instructions" looks like he caried that over from his last job

  2. Posted by guest | January 16, 2013 at 5:00 PM

    Go on.

  3. Posted by guest | January 16, 2013 at 5:00 PM

    I love the determination in second from the right's eyes.

  4. Posted by VonSloneker | January 16, 2013 at 5:06 PM

    <Pervy dog reference>

    - Lazy Dennis Kneale

  5. Posted by el invitado | January 16, 2013 at 5:18 PM

    The one on the right definitely won.

    -Examing my motives

  6. Posted by Mexi_Cant | January 16, 2013 at 5:22 PM

    That's one way of participating in a man crush

  7. Posted by Deca | January 16, 2013 at 5:35 PM

    What would he yell? "Next Cycle! Next Cycle!"?

  8. Posted by Mrs_Slocombe | January 16, 2013 at 6:42 PM

    Let’s see…..payoff money from a Swiss bank account, drugs delivered in white “lunch bags”, fraud allegations by the U.S. Postal Service, and a half-sack whistle blower potentially pointing the finger at an uber-wealthy banker….WTF?….somewhere there is a U.S. Attorney torridly engaging in shameless acts of self-abuse.…no wonder the guys not talking…he’s having all he can do to control his sphincter……which is half-way up his ass at this point.

    –Waiting for the invitation to be Queen for the Day

  9. Posted by Toffe | January 18, 2013 at 7:01 AM

    So not only did Wall Street bankers completely corrupt the global financial system and bankrupt a few countries in the process, but they also fucked up competitive sports! The great insight was that these poor fellows shouldn't have to go on the dole, so deserved to be bailed out at the expense of the world reserve currency. Where would we be without these amazing and humble people…?

  10. Posted by sohbet | March 24, 2013 at 2:24 AM

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  13. Posted by sohbet | July 8, 2013 at 9:08 PM

    officers to investigate Blackstone's fishy financial transactions, but they wound up giving them