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Comdex

his PC trade show, sold for $1B

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Story

Sheldon Adelson built a casino empire starting with a trade show

Sam recounts how Sheldon Adelson started Comdex, an '80s personal-computer trade show, sold it to SoftBank for $1 billion (later renamed CES), and used trade shows as the on-ramp to building the Las Vegas Sands hotel empire.

The way that he started that was he started this thing called Comdex, which was a trade show. It stood for, it was like personal computers. He started it in the '80s. Eventually he sold it for $1 billion to SoftBank and it was renamed CES.
EP 121 · 21:02 · SAM
Read at 21:02
mfmindex.com№ 0121-1262