AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Standard Oil Part I
Acquired
The Greatest Business Administrator America Has Ever Produced
In the very first year of the trust, 18 70, there's one million dollars in total capital they gets put into this structure. They pay a 105 % dividend at the end of the year,. including also re investing tons of cash flow back into the business and expanding and buying other companies. The individuals who own the corporation, ye literally everybody on the cap table, ha, end up being the sort of puppeteer, controller and beneficiaries of all these other entities. Ye turnow wrigts, whatever the debates about his ethics, economists and historians have unanimously extolled rockefeller's role a pioneer of the modern corporation.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode