Walmart

Рет қаралды 45,554

Жыл бұрын

We kick off Season 11 with the incredible story of the retail “granddaddy of them all” Walmart, and its founder Sam Walton. Once you study Walmart, you realize just how deep its heritage runs through Amazon and so many iconic modern companies we cover on Acquired. This episode was an absolute blast, and we even uncovered a new addendum to the hallowed “focus on what makes your beer taste better” playbook theme!
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Sponsors:
Thank you to our presenting sponsor for all of Season 11, Fundrise! If you’re considering raising a growth round of capital in the next year, you should definitely explore raising some of it with the Fundrise Innovation Fund. Just email to notvc@fundrise.com, and tell them Ben & David sent you. And if you’re an individual looking for exposure to private growth-stage technology companies, you can invest in the Innovation Fund here:
bit.ly/acquiredfundriseinnova...
Thank you as well to Pilot and NZS Capital!
bit.ly/acquiredpilot22
bit.ly/acquirednzscomplexity
You can register for the NZS Talkback here:
us02web.zoom.us/meeting/regis...
Links:
Walmart’s 1972 Annual Report:
s2.q4cdn.com/056532643/files/...
Episode sources:
docs.google.com/document/d/1D...
Carve Outs:
Ted Weschler on the Nebraska Furniture Mart podcast!!!
iamhome.libsyn.com/lunch-with...
Mario Puzo’s The Godfather (the book):
www.amazon.com/Godfather-Mari...
Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

Пікірлер: 32

@ArunNarasimhan_arun1997107 Жыл бұрын

Been listening for a few episodes, and I found it extremely informative and interesting. Especially the episodes on TSMC.

@xiawmel Жыл бұрын

1qqq

@baw-mq4bt Жыл бұрын

We NEED a COSTCO episode next!!!

@Ryan.G.Spalding 10 ай бұрын

Growing up in Missouri Walmart was king, my wife is from Minnesota and Target was king. It’s interesting to the dynamic between the two. Even now.

@Ryan.G.Spalding 10 ай бұрын

I think costco and Amazon are eating Walmart’s lunch right now. And the local grocery store is such a hard nut to crack with specific items.

@Ryan.G.Spalding 10 ай бұрын

And target for impulse clothes and home goods

@azerko Жыл бұрын

Walmart, for management reasons, was a failure in Brazil. This is something that need to be studied. I was there during the assembly of the first store - they basically tried to copy an American store which, obviously, was a fluke. They had to pay millions in late taxes because of wrong processes and equipment in the check outs (I tried to warn them but was rudely dismissed). That being said they were ahead of competitors in supply chain and had a great start. Such a weird thing thy they adopted bad habits of the Brazilian management style and kept the very non flexible American style.

@RaisedMedia Жыл бұрын

Great Episode!

@ahuels67 9 ай бұрын

Havnt heard anything about Sams Club yet. My favortie store to shop at, the free samples are what got me to love it even as a kid lol.

@mccoyji 5 ай бұрын

Tesla has Elon, Walmart had Sam. Intangibles

@ahuels67 9 ай бұрын

2:08:52 with most walmarts focusing on stupid self check outs now and only usually have maybe 2 lanes open with cashiers, it would make sense for them to do this.

@HarveyFoFi 5 ай бұрын

Omg , you sound like Bryan Alvarez from F4 Weekly. He also lives in Seattle. LOL PS: this auto play for me.

@mccoyji 5 ай бұрын

Amazon used to be convenient with 2 days shipping included, after covid no mas...🤔🤔 I know people dropping the amazon yearly fee due to that.

@mccoyji 5 ай бұрын

Sams employees are way more friendly than costco. I like the clientele at sams stores as well. Costco shoppers can be snooty..😉🤔 Sams also has a plus membership. 2% on everything you buy plus more if you have their CC. Free shipping. 5% back on gas. Amazing!!

@Blastmaster-ej5kw Жыл бұрын

Yaaaaaa baby

@ahuels67 9 ай бұрын

2:03:23 with Walmarts HUGE investment in their Brick n Mortar store, maybe they seen the online business as a threat to that?

@PimplPoppr 5 ай бұрын

*2:49:00* *THIS PART FOR ME.*

@Ryan.G.Spalding 10 ай бұрын

Can’t forget about the automobile evolving from glorified horses. A store footprint can get bigger.

@Abcxyz-12340 8 күн бұрын

01:36:56

@fuxUbrando 5 ай бұрын

Rockefeller created "fossil fuel" under a lie....my TRX is powered by T-rex🤣🤣🤣

@cbartal1 4 ай бұрын

What was that lie again?

@fuxUbrando 4 ай бұрын

@@cbartal1 do some research...

@cbartal1 4 ай бұрын

@@fuxUbrando I'll assume you don't know. I guess it's easier for you to be cagey then for you to be honest.

@fuxUbrando 4 ай бұрын

@@cbartal1 and I’ll just assume you believe anything you’re told 🤷🏼‍♂️

@cbartal1 4 ай бұрын

@@fuxUbrando that's exactly the opposite. I don't believe what you told me until you substantiate your accusations. You made the unsubstantiated accusations. It's your responsibility to prove them

@mccoyji 5 ай бұрын

You guys are a little out of touch on this and you mentioned it yourselves, you don't even have a walmart near you. Costco is not cheaper than walmart/sams.

@SeanTaylor21Mia 2 ай бұрын

How did I get on a podcast with two gay dudes.

@Jake-jo8yc Ай бұрын

That fund raise shit was werid and stupid

@cbartal1 4 ай бұрын

I love Walmart. But this is not a discussion, it's a commercial

@vj2024 Жыл бұрын

All the creators of infinity because I need to tell you something if you not going to make a season 4 tell me why you tell the cat to see you in a thousand years and and Matthew he comes back to life so if it's the end and post to die because she's the main character so I'm not going to sue cuz I don't know how cuz I just the kid