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#986 John Pompliano On How Walmart Took Over The Retail Space

The Pomp Podcast

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How Walmar Created Sam's Club

Walmart was founded by sam walton. He had three kids, and i'm going to talk a little about how he got to be able to continuously own that much percentage. Walmar created sam's club basely to say, we already do low priced things to consumer. Why don't we just do it more of the cosco model? And they start in 19 83. They now have over almost 50 million member, almost 50 million members at cosco to day. At sam's club,. Cosco has like a hundred million because they focus on that business, ye. But still, they've got 50 % of the number of subscribers tof cosco. All right. Now

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