Corporate Lawyer Breaks Down Succession Business Deals | WIRED
Рет қаралды 1,020,870
Күн бұрынHolly Gregory, partner at the international law firm Sidley Austin, knows her corporate law. So, we sat down with Holly and had her look at each and every business deal featured on the hit HBO show Succession. Holly analyzes the deals and applies real-world logic to the TV program's biggest transactions. Loan covenants, capital investment, corporate mergers; Holly gets into it all!
Producer/Director: Alex Coccia
Director of Photography: Rahil Ashruff
Editor: Parker Dixon
External Talent: Holly Gregory
Line Producer: Joseph Buscemi
Associate Producer: Samantha Vélez
Production Manager: Eric Martinez
Production Coordinator: Fernando Davila
Casting Producer: Nick Sawyer
Camera Operator: Christopher Alfonso
Sound Mixer: Brett Van Deusen
Hair & Make-Up: Yev Write-Mason
Post Production Supervisor: Alexa Deutsch
Post Production Coordinator: Ian Bryant
Supervising Editor: Doug Larsen
Assistant Editor: JC Scruggs
Junior Editor: Paul Tael
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@yawner1154 Жыл бұрын
she's like a real-life Gerri
@husamdogan1899 Жыл бұрын
Best comment 😂
@feidhlimidhmacanaltha3644 Жыл бұрын
Dont tell Roman, he'll start stalking her.
@maroelsanpedro6299 Жыл бұрын
Omg same thought
@AdarshKumar-nj7rp Жыл бұрын
@@feidhlimidhmacanaltha3644 i was about to comment something like this.
@zeroone1032 Жыл бұрын
the first thing i thought when i saw her 😀
@nonaligned293 Жыл бұрын
you know the show is good when the expert is not rating accuracy but explaining events
@LuisSierra42 Жыл бұрын
Succession is a documentary
@castlewhite1577 Жыл бұрын
I mean they could get first hand accounts of it by just asking their colleagues lol
@JakeTS1992 10 ай бұрын
Because when most people watch, they understand the basics of the business and the deals, but we are not all partners & bankers (etc) so it's nice to have someone explain it all to me like an adult.
@littleoldmanboy 8 ай бұрын
@@LuisSierra42The Office but with spoiled rich people
@liljackypaper 4 ай бұрын
Well she did correct a few things
@CombatOstrich Жыл бұрын
This is the only show I've ever watched that I genuinely enjoyed despite not understanding most of the jargon and despising every single character.
@ladylove34 Жыл бұрын
Hahaha so accurate
@FloraWest Жыл бұрын
I think the writers are great at having very believable business set ups but contextualizing them for non-business people. Tons of terms I don't know the definition too but character reactions etc provide me the feel for the thing. Love it. They're great at it.
@mprior93 Жыл бұрын
Suits was that way for me too
@costabotes9107 11 ай бұрын
Ha! Yes. Just proves that you don’t have to like a character to be engaged by them.
@unownnnn 10 ай бұрын
Except for Greg. We love Greg
@aw04tn58 Жыл бұрын
You can tell she's an apex attorney by how many strands of pearls she's got on.
@ljt3084 Жыл бұрын
Thats the only pearl necklace she will receive ever again..
@PEPPERslim_ Жыл бұрын
She's got to be pred with those heirlooms
@whirlpoolbook6730 Жыл бұрын
Lol
@khjin714 Жыл бұрын
😆
@mediterrenean Жыл бұрын
Similar to the pendants on Maestors in Game of Thrones
@James-3000 Жыл бұрын
Never thought a high-powered, super-sharp corporate lawyer would be so comforting
@victoriaarvaj3091 Жыл бұрын
she reminds me a lot of gerri!
@isaiahclark5651 Жыл бұрын
I absolutely agree, tho I also think that literally anybody is comforting compared to every Succession character (except for Comfry and Kendall's children)
@DystopiaWithoutNeons Жыл бұрын
"Politics: the art of appearing candid and completely open while concealing as much as possible." Frank Herbert
@user-to3hr9sz7x Жыл бұрын
Many successful corporate types are good at conveying friendliness and flipping the switch to tough/firm when needed
@zerere_ Жыл бұрын
That's what their job is, very spiky and muddy inside though
@Erick-bg3cw Жыл бұрын
You better bring the attorney back for more episodes. She explains things so well.
@KTOWNK1D Жыл бұрын
Not surprising that she explained things so well; she’s a partner at Sidley Austin (AmLaw/Vault 100) after all.
@CarlosBallena 9 ай бұрын
yuuup! could we get one of these per season?
@issaphae9659 Жыл бұрын
she explains everything so well, i would watch her do full episode commentaries lol
@danielhou5832 Жыл бұрын
Yes! I definitely finished the video wanting more! If not her, a voiceover / Vox-style editing that could go deeper into the historical examples on mergers & acquisitions that she (the expert) mentions.
@KTOWNK1D Жыл бұрын
Not surprising that she explained things so well; she’s a partner at Sidley Austin (AmLaw/Vault 100) after all.
@chipotleburrito Жыл бұрын
@@danielhou5832 box editing w her way of explaining would b crazy good
@majectic-berry 11 ай бұрын
Fun fact: Sidley Austin, the firm she works at, is one of the highest rated lax firms in the US and has one of the largest revenue per partner ratio at 2.8B in profit for 2200 attorneys. Base salaries start at 215k for first year associates and climb to 450k after only 8 years.
@flux.aeterna 11 ай бұрын
Idk if that’s a fun fact, late stage capitalism is terrifying
@Prederick 8 ай бұрын
Yeah, when she said who she worked for, it was like "Oh, so she KNOWS what she's talking about."
@ElusiveTy 2 ай бұрын
Just to clarify - she's a partner, which, depending on how Sidley Austin operates, either means she's an extremely high-ranking employee or essentially a co-owner.
@gethaunted Жыл бұрын
5:59 “The other thing that’s unusual is that Kendall has clearly not done his homework.“ Well come on, not that unusual
@ahabmalik7710 Жыл бұрын
in s1 kendall used to read and do plenty of research actually, in s2 too
@Spaced92 Жыл бұрын
@@ahabmalik7710 Nah he just gives the impression he's done all the groundwork, while actually just throwing around money, assets and promises he can't keep whenever he runs into a problem. It's only more obvious now, when he's weaned off the people that know what they are doing he can't even keep the the pretence.
@kilgoretrout321 Жыл бұрын
he does his homework, but then he gets coke eyes for impossible dreams.
@jael3147 2 ай бұрын
@@kilgoretrout321this is really what happens. Kendall also proves that he has the information in multiple situations only for Logan to totally ignore what he’s suggested. After a while I’m sure he just stopped trying.
@TheRealMrMustache Жыл бұрын
“Waystar will not be sold, because then the show ends.” Sounds like a Logan Roy quote lol
@tanmaydeshpande2458 Жыл бұрын
Whoa! Did she give some kinda spoilers? Not sure if this video was before the season 3 😅
@oobieo Жыл бұрын
@@tanmaydeshpande2458 she was talking about the gojo deal at the end which happened in season 3.
@appleofdoom Жыл бұрын
"Waystar will not be sold because then the show ends" WOW this aged like fine wine
@hollygregory7945 11 ай бұрын
Well, I got it half right!
@muhammadhaider7687 11 ай бұрын
@@hollygregory7945 lol I think you got all of it right. Didn't you? I hope there's more of this sometime soon Holly.
@sirazummunira3042 2 ай бұрын
@@hollygregory7945technically ur right though
@sirazummunira3042 2 ай бұрын
@@hollygregory7945technically ur right though. Is really you? Wish I could meet someone like u in real life. U must've got some amazing stories to tell
@missolympiabinewski Жыл бұрын
She's very soft spoken but also terrifies me. She must be great at her job.
@CrazyWatcher670 Жыл бұрын
That’s why she is a partner at the firm.
@bitparity Жыл бұрын
She's like a real life Gerri.
@loveit8602 Жыл бұрын
Give Holly her own reality series or podcast, please. She's so watchable and likeable.
@GrantValdes Жыл бұрын
Imagine what that costs at her hourly rate.
@keysersoze5032 Жыл бұрын
She probably won't have the time
@biggyls4297 Жыл бұрын
@@GrantValdes around 2000-3000 $ per hour
@EJD339 Жыл бұрын
@@GrantValdes good god, I can’t even imagine.
@filmstaratease Жыл бұрын
I am a corporate lawyer myself, and this Sidley (one of the best law firms in the world) partner broke down all Succession’s corporate disputes, which are complex by nature, in a very didactical way. Impressive! 👏👏👏👏
@iteamy Жыл бұрын
"I'm something of a corporate lawyer myself" 🙂
@hollygregory7945 11 ай бұрын
Thanks!!
@Gabriel-br4qe 11 ай бұрын
@@iteamy me after watching succession
@exnihilo4547 3 ай бұрын
Any books about corporate law that you would recommend? Something for leisure reading, nothing too complex. Thanks !
@dielaughing73 Жыл бұрын
Please more of this! There's so much of Succession that goes over my head
@AmandaVieiraMamaesouCult Жыл бұрын
We need a part 2! I want more details on the poison pill defense and the difference between a bear hug and a hostile takeover.
@akshaydalvi1534 Жыл бұрын
Bear hug is a hostile takeover strategy. What do you think the bear does after hugging you lol
@AmandaVieiraMamaesouCult Жыл бұрын
@@akshaydalvi1534 I was more curious regarding why they don't call it the same thing. Até there other types? What are they?
@MrOzakibou Жыл бұрын
@@AmandaVieiraMamaesouCult A poison pill defence provides shareholders, but not the hostile acquirer, the right to purchase additional shares at a discount to their current price. What this does is make it harder for a hostile acquirer to get enough shares to gain majority control over a company. The difference between a bear hug and a hostile takeover is that a hostile takeover means the board has not approved a takeover. A bear hug is an offer to the board asking for approval, so it's more friendly. Lmk if this makes sense.
@AmandaVieiraMamaesouCult Жыл бұрын
@@MrOzakibou Thank you, so much!
@patcarl6064 Жыл бұрын
Season 3 was airing when I was taking my corporate law class in law school and I credit Succession with why I got an A.
@waterofvitamins Жыл бұрын
Was this lady the inspiration for Gerri? 🤣
@galactagal Жыл бұрын
Ugh. Career goals. Listening to her talk and do this breakdown is so gratifying.
@goktug4618 Жыл бұрын
she's so good at this I wish this episode was longer.
@firiel2366 Жыл бұрын
I just binged the show and while I loved it, I didn't understand a word of all the business stuff. Ms Gregory explains it all very clearly and I'm going to enjoy my re-watch of the show even more!
@Vanness2864 Жыл бұрын
😊😊😊⁰😊😊
@Darkstorm12321 Жыл бұрын
I like how they just let her talk and don't interrupt her with clips mid-sentence like they do in some of their other videos
@baileyoneill8123 Жыл бұрын
SA is one of the top firms in the world and she’s a partner. Her explaining these scenes is like listening to Jocko explaining combat scenes. Great video!!
@Eagle971 Жыл бұрын
Jocko fought against 3rd World Peasants, this lady battles the best of the best. Not even the same.
@milesduggan Жыл бұрын
@@Eagle971 This a great point
@Legalizemda Жыл бұрын
@@Eagle971 did he tell you that?
@Chris.4345 Жыл бұрын
@@Eagle971 Well, to be fair, 3rd world peasants who have known only war for a generation.
@jalabi99 Жыл бұрын
_Holly Gregory, partner at the international law firm Sidley Austin, knows her corporate law_ If you know Sidley Austin's reputation, then you will know that that is quite an understatement :D
@agarsrish Жыл бұрын
Her glasses are exactly like Gerri's! Also the pearly necklaces
@AdarshKumar-nj7rp Жыл бұрын
10:15 I remember this in Silicon Valley when Richard wanted few engineers but their parent companies were unwilling to let them go irrespective of the compensation fee so he instead bought the companies and fired the CEO's and other departments.
@Alex-hm7nt Жыл бұрын
Yeah is this Gerri? Lol. Super interesting, I've always wondered how dealings and meetings are done with the ultra wealthy
@BrockMarz69 Жыл бұрын
i always crack up when frank says “a badillion” in that scene
@nepenthe_gal759 Жыл бұрын
Thank you, that's exactly what I needed.....HBO should have had you do recaps after each episode' while the credits rolled.
@denissewoo Жыл бұрын
We need a part 2. I loved this.
@kellypena9125 Жыл бұрын
I always wondered how accurate this was
@NainGeantMiniature Жыл бұрын
I wonder how much she charged Wired for this.
@FlutterMouse Жыл бұрын
Talk about billable hours!
@ljt3084 Жыл бұрын
Some voting stock and a chair on the board i expect.
@melissapanella4838 Жыл бұрын
Based on Sidley's billable rates probably over $1000 an hour lol
@deepfried13 Жыл бұрын
I've got the feeling she's not hurting for money
@bettydraper2034 Жыл бұрын
@@deepfried13 but it's always the richest ppl who r the greediest for money lmfao ppl who have more than enough will always want more
@helloitsdaniel Жыл бұрын
Wow. This is so helpful. Succession is my fave show and this really help understand the bussiness jargon in the series
@luisvillarreal2657 Жыл бұрын
Was about time!! They have some awesome business dealt that’s worth explaining!!
@heatherupton6558 Жыл бұрын
Thank you for explaining everything! This was a fantastic video!!
@alexsaucedo4930 Жыл бұрын
I really thought this was Gerri! She’s great! More of her please!
@FAYMprod Жыл бұрын
the amount of jump cuts when she's speaking is astounding
@luisinacasirola 10 ай бұрын
"Waystar will not be sold, because then the show ends", aaaaaaaand that's exactly what the ending of Succession is
@snowpenguin6412 Жыл бұрын
This is really interesting and informative. Really good video and show!
@irvinbohac8460 Жыл бұрын
I could totally tell she knows her stuff and it would do you well not to be on her bad side lol
@carterisgod22 Жыл бұрын
Well she's literally a corporate lawyer I'd hope she'd know her stuff
@irvinbohac8460 Жыл бұрын
@@carterisgod22 there are a lot of people who are in professions and are terrible at their job. You can graduate at the bottom of your class and still be a doctor. My point being, she seems well versed.
@richikdadhich9664 Жыл бұрын
@@irvinbohac8460 Are you dumb? she is a Partner, obviously she would be well versed with all the nuances of corporate law. Also, she barely covered the basics of mergers and acquisitions so it is not even THAT complicated.
@Quadraxis 10 ай бұрын
I wanna watch Succession with her, start to finish, over a bottle of wine and hear her commentary.
@mr.brightside4919 Жыл бұрын
Thanks Holly for enlightening me! Would love to watch the show again now
@LM-ch8rh 11 ай бұрын
awesome commentary....thank you, holly!! the interaction with the Pierce family was epic.
@angiebedford Жыл бұрын
Such a good show, but exhausting to watch! Great to see how accurate it is.
@uglybetty8747 Жыл бұрын
How is it exhausting if it’s gud lmao oxymoronic sentence
@HarperPolo Жыл бұрын
@Senpai Jay maybe they get emotionally invested so it's more so enthralling than just entertaining
@henryhsu3454 Жыл бұрын
The editing this time is making me wobbly with all the zooms
@jesseblaskovits64 8 ай бұрын
Wired should do another video with Holly for season 4, and this time also ask questions about her favourite or most interesting deals.
@jeffwatters9535 Жыл бұрын
Brilliant explications. Thank you for the informed and concise information.
@AshleighMadeMe 3 ай бұрын
This was such a fenomenal breakdown. Thank youuu for educating
@kenocontreras Жыл бұрын
Succession. Such an amazing show!
@swithheld9905 Жыл бұрын
Wow, thanks to Holly & WIRED for this! I understand so much more now, especially how SO many Succession plot points are clearly inspired by real life events and company strategies and internal struggles of the Murdoch family. If you like Succession, The Murdochs: Empire of Influence is a fantastic watch and just as fascinating as the fictional tv show.
@missisfreddiemercury Жыл бұрын
wow, thanks to this video, many things make now more sense to me after watching all seasons of Succession
@jmbdz Жыл бұрын
This was fun to watch. She should do an update.
@chairreader Жыл бұрын
There's gotta be a corporate finance class using Succession as a syllabus, right?
@Mulifhedzi 2 ай бұрын
lol it’s not that deep
@sstrick7728 Жыл бұрын
This was so good!
@Yuyu99000 Жыл бұрын
Pffft “Kendall should’ve done his homework” 😆 Bring her back for more and longer episodes pleeease 💪🏼💪🏼
@unownnnn 10 ай бұрын
This was just a great supporting commentary for the series! 6:33 Top tier editing 🤣
@mon6745 Жыл бұрын
👏🏾👏🏾👏🏾 to the editor- fantastic job
@Nighthawk-8050 Жыл бұрын
Please bring this lady back. She's Awesome
@amybees Жыл бұрын
I need her with me every time I watch Industry
@burnedoutstar1681 2 ай бұрын
"Waystar will not be sold, because then the show ends" that is verbatim what happened lol
@andreamuraskin5364 11 ай бұрын
Very informative, thanks for this!
@miraclem9444 Жыл бұрын
Thanks for the explanation, Gerri!
@kindofbluenyc Жыл бұрын
More of this please.
@cranqboye Жыл бұрын
Show is that good, I need an explanation like this after each episode
@omg9261 3 ай бұрын
Such a great video. Thank you so much! ❤ This expert is 🔥🧡
@moonshine7778 Жыл бұрын
I could watch an hour of this😊
@marciobruno3016 Жыл бұрын
I loved this video, could you guys make one for Industry?
@peppermint23 Жыл бұрын
This is fantastic!
@AS-yo2uy Ай бұрын
I could listen to her all day explaining corporate law
@edwardneves2234 Жыл бұрын
We need one of these for Industry!
@metrosclique2680 Жыл бұрын
I love this show
@strockstaronthemoon Жыл бұрын
Thank you so much for explaining this to me Gerri!
@gabrielidusogie9189 Жыл бұрын
Would love to see here tackle The Big Short.
@seen921 Жыл бұрын
Wow. Quick and succinct. Thanks for this. More please!!!
@Adam-uh6qs Жыл бұрын
God, I love this show
@brookiev8960 Жыл бұрын
Always wondered what was going on. Lol. Great video
@travelvloggity Жыл бұрын
Please do one for Industry as well🙏
@ChristiaanMutschelknauss Жыл бұрын
Aah so Adobe did a bear hug to Figma, now I get it
@sanpellegrinolimonata Жыл бұрын
I love her dry sense of humour, she's so funny
@dennisgichohi5392 Жыл бұрын
Holly is taking me to class, i like it
@carogranner1706 Жыл бұрын
i think i speak for all succession fans when i say thank you ms. holly bc i do not know what's happening 95% of the time
@ladylove34 Жыл бұрын
And here I thought I was the only one.😅
@TheVeevinci 11 ай бұрын
Never enjoyed a talk full of business jargon in my life. Awesome woman!
@sashatheelf Жыл бұрын
Why doesn't this have more views? It's so interesting.
@jproductions5977 Жыл бұрын
Holly “Cousin” Gregory: Attorney at Law
@balletshark0101 Жыл бұрын
more holly!!!!
@ccgirl5597 Жыл бұрын
Please do this for Industry!
@maymaja9629 Жыл бұрын
Petition to add her to the new season of succession
@susanmorrow4438 Жыл бұрын
Agree!
@mattrobs Жыл бұрын
Jerri II
@harrytucker4778 Жыл бұрын
Please get someone to do this for Industry!!!
@jayjayh9801 Жыл бұрын
yes pls!!
@Familyguyspete Жыл бұрын
Currently watching season 2
@catymob 11 ай бұрын
If possible, please update with Season 4!
@vikingodin1986 Жыл бұрын
I'm going through the series for a third time
@mimr3258 Жыл бұрын
God knows I needed this
@doublejay29 Жыл бұрын
the frequent edits and resizing of the speaker make this hard to watch.
@belowaveragejoh 11 ай бұрын
lol her very last line
@Derekivery 5 ай бұрын
Great explanations.... okay now explain 'Boar on the Floor'
@TamTruong-xe5ub 4 ай бұрын
are there any books which help me to understand the business terms ?
@gprick40 Жыл бұрын
This is Gerri in 10 yrs after Roman became CEO 😂
@tomi-auto Жыл бұрын
I’m watching this like I’m going to do a deal next week
@alanbalsan Жыл бұрын
I really had no idea about the poison pill, I was constantly confused when they used that term.
@theavengers. Жыл бұрын
Nicee another educational weedioo
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