AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Standard Oil Part I
Acquired
What's the Difference Between Capturing and Creating?
This is a business that was spitting off cash, the way that you were just describing for us. That employed a hundred thousand people that kept america and europe's lights on. The value that was tied up here was immense. But i don't think these numbers tell the whole story because so much of the capital in this business was being recycled due to their decentralized trust structure.
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