AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
#050 Growing Podcasts, Bookkeeping Biz, and Creator-Led Companies with David Senra and Mitchell Baldridge
Smart Friends
The Berkshire Structure
I always think about their tax deal as being wrapped around an insurance company and like there's something called a captive insurance company. So that money is then post tax and now you have this insurance company that you can go essentially make investments out of. And so like that's what I mean Go look at all of Sequoia's partners and their endowments or their insurance companies or their foundations or their whatever they are. Really listen to that. The richest companies or the richest founders in the world that have ever existed. They own those same structures they own endowments foundations insurance companies and they basically pay tax once if they pay tax at all but they pay tax once where they just go
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