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Published · transcript-backed

Ben Gilbert: observation

16 Dec 2024 Acquired Mars Inc. (the chocolate story)

“The second benefit is they don’t pay as many taxes since they’re reinvesting before those dollars fall all the way to the bottom line as income.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
observation
Recorded
16 Dec 2024
Publisher
Acquired

Transcript context

…It is. It’s totally a flywheel type reinforcing structure, where it all fits together. The other thing that they do is they aggressively try to reinvest profit dollars back into the business, doing things like R&D on new types of manufacturing equipment that they can build for their plants. That’s the primary benefit. The second benefit is they don’t pay as many taxes since they’re reinvesting before those dollars fall all the way to the bottom line as income. Totally.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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