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Standard Oil Part I
Acquired
The Value Creation, Value Capturing and Grating of Standard Oil
Standard oil created a lot of value, but captured very little of it. They had dividends of between 50 and 200 % to all shareholders per year. It was mostly rockefeller and his partners. That's falling out of controlaha, ha, that's a very, very profitable business. And i think let's save the gas car conversation for the next episode.
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