How a CFO saved Pixar

One afternoon in 1995, a financier named Lawrence Levy began his journey to save Pixar, convinced it was an impossible mission.

Just six weeks into the job, he left the office one evening and drove home. Upon arriving, he walked from the door to the armchair and sank down right next to his wife, Hillary, who was eight months pregnant.

Lawrence said to her:

— "I think I’ve made the biggest mistake of my career. And that’s not the worst of it: Pixar is going to disappear forever."

Yet, in just over a decade, Lawrence would manage to turn the situation around, transforming Pixar from a company on the brink of bankruptcy into one worth $7.4 billion. How did Lawrence manage to save Pixar?