Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
27 Jun 2023 Acquired Porsche (with Doug DeMuro)
“Almost zero. I believe, also at that time, they didn't have any debt. Truly, the markets believed that Porsche was worth nothing.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 27 Jun 2023
- Publisher
- Acquired
- Episode
- Porsche (with Doug DeMuro)
Transcript context
…Crazy to imagine. Almost zero. I believe, also at that time, they didn't have any debt. Truly, the markets believed that Porsche was worth nothing. It wasn't like, oh, there's value here, but there's a big debt burden on the company. It was an unbelievably difficult time. It's funny to think about because now, people think of Porsche as Porsche, like this crazy company. It's one of the hottest brands. Like you said, probably one of the most valuable brands.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.