My First Million

What’s truly going on inside DOGE?

1367 snips
Feb 17, 2025
Dive into the wild journey of Iron Mountain, from mushroom farming to secure storage for sensitive information. Explore the digital asset world, examining how figures like Elon Musk influence finance and media. Uncover the quirky frustrations of outdated software and the economic cycles of government debt. The discussion also touches on the strategic maneuvers in AI’s corporate landscape and the impact of personal relationships on success. Stop by for some insightful laughs and a peek into the human side of corporate challenges.
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ANECDOTE

Iron Mountain's Origins

  • In the 1920s, a mushroom farmer bought a cave.
  • Facing competition, he pivoted to storing bank documents, creating Iron Mountain.
INSIGHT

Iron Mountain's Value

  • Iron Mountain, a document storage company, is worth over $30 billion.
  • They store various items, from Princess Diana's will to Sony's master recordings.
ANECDOTE

Government's Use of Iron Mountain

  • The US government uses Iron Mountain to store physical retirement paperwork.
  • The process involves manual retrieval and review, taking up to 90 days.
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