Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
16 Dec 2024 Acquired Mars Inc. (the chocolate story)
“I think for the biggest businesses in the world, it’s these businesses that operate at high gross margins in very large markets, where you basically can build out a massive fixed cost base and then have great operating leverage.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 16 Dec 2024
- Publisher
- Acquired
- Episode
- Mars Inc. (the chocolate story)
Transcript context
…It is actually crazy. Almost always, scale economies is a big part of it. I think for the biggest businesses in the world, it’s these businesses that operate at high gross margins in very large markets, where you basically can build out a massive fixed cost base and then have great operating leverage. Can you amortize your high margin sales in huge volume across a comparatively small fixed cost base? Manufacturing businesses are like that, software businesses are like that. Cloud competing is like that.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.