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Published · transcript-backed

Howard Schultz: evaluation

4 Jun 2024 Acquired Starbucks (with Howard Schultz)

“As a result, tens of thousands of stores have followed in our wake, and we created an employment industry that did not exist.”

— Howard Schultz

Source trail

Everything needed to verify it.

Speaker
Howard Schultz
Attribution
Verified speaker
Claim type
evaluation
Recorded
4 Jun 2024
Publisher
Acquired

Transcript context

…Here’s one that we haven’t talked as much about. You were part of this secular trend of gourmet coffee. I’m curious if you view that to be a true statement or if you’re saying, no, we created this entire wave. It wasn’t going to happen. I don’t want to sound arrogant at all, but I think it’s so clear that Starbucks created an industry that did not exist. As a result, tens of thousands of stores have followed in our wake, and we created an employment industry that did not exist. Not to mention that 5 million is 5 million alum. That’s a lot of people who have gone on to do other things after.…

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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