The Best One Yet 🏨 “Spreadsheets to Bedsheets” — Goldman’s Greek hotel. Amazon’s dark factory. FedEx’s black jack bet.
13 snips
Jul 7, 2025 Goldman Sachs' bid for luxury hotels in Greece hit a major snag, raising eyebrows about their management decisions. Amazon is pushing boundaries with 'dark factories', where robots now outnumber humans. A fascinating tale of FedEx's founder reveals a high-stakes blackjack bet that almost cost the company everything. Plus, hear about Meta's quest for top AI talent and Chuck E. Cheese's new strategy to attract adults. The podcast wraps up with community shout-outs and survival tips for extreme challenges.
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Goldman's Greek Hotel Fail
- Goldman Sachs tried to launch a luxury hotel brand in Greece but canceled after facing huge renovation cost overruns and lacking hospitality experience.
- Their own management team had zero hotel experience, leading to a financial and operational shipwreck.
Partner with Industry Experts
- When entering a new industry, partner with experts instead of going solo without relevant experience.
- Avoid hubris by leveraging specialized knowledge to reduce costly mistakes and improve execution.
Rise of Dark Factories
- Amazon is close to having as many robots as humans in warehouses, and dark factories with no lights are an emerging trend.
- Robot-powered factories run 24/7, needing no lighting since no humans work inside during operations.
