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Evidence receipt / belief

Published · transcript-backed

Howard Schultz: belief

4 Jun 2024 Acquired Starbucks (with Howard Schultz)

“We went out at $17 and the price was $21. The market cap (I think) was $250 million.”

— Howard Schultz

Source trail

Everything needed to verify it.

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

Transcript context

…Howard, I’m going to take us through the IPO. You’re the first publicly-traded coffee company. You do end up doing $93 million in revenue that year. Do you remember the exact price that you IPO’d at? Yes. We went out at $17 and the price was $21. The market cap (I think) was $250 million. Can you imagine today a $250 million market cap company going public? And people considering that a success. This is great……

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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