Acquired cover image

Walmart

Acquired

NOTE

The Power of Clear and Concise Communication

Compared to the complex and compliance-heavy nature of annual reports, the written document is remarkably clear and legible. It is thin and seems to be mostly written by the company's founder, Sam. Despite starting with a market cap of 135 million dollars in 1977, the company grew rapidly, reaching half a billion dollars in sales within seven years. The speaker also calculated the compound annual growth rate by decade.

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