Evidence receipt / commitment
Published · transcript-backedBen Gilbert: commitment
4 Mar 2026 Acquired Costco
“I will say, too, that there's this famous quote about Amazon being a charity that's run for the benefit of customers.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- commitment
- Recorded
- 4 Mar 2026
- Publisher
- Acquired
- Episode
- Costco
Transcript context
…Yes, it's so great. A few more things to say on this. I literally just looked up as you're talking, Craig Jelinek's LinkedIn profile, it still says he's an EVP at Costco. The dude has been CEO for a decade. Amazing. The reason I looked up his LinkedIn profile is that the backgrounds of these people are so different, too, than what you would typically think of as the management team of an American Fortune 50 company. Jim went to San Diego City College. Craig went to San Diego State University. They started as beggars at FedMart when they were teenagers, and they've just worked through the business all the way through. Occasionally, there's somebody like Giles Bateman, who comes in who went to Harvard Business School, but that is the exception, not the rule. And it's a hundreds of billion dollar market cap company now. It's amazing. I will say, too, that there's this famous quote about Amazon being a charity that's run for the benefit of customers. Do you remember that? I do. It's actually Costco.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.