Evidence receipt / evaluation
Published · transcript-backedBen Gilbert: evaluation
18 Oct 2021 Acquired Standard Oil Part II
“There's an open question in my mind of, what if you could just open the books of Standard Oil as a whole rather than break it into a bunch of little parts, but there is no arguing that it was a great move.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 18 Oct 2021
- Publisher
- Acquired
- Episode
- Standard Oil Part II
Transcript context
…Are you saying it would be if you're a shareholder or a board director at Amazon, and do I want to hold Amazon shares with everything, or do I want AWS shares and Amazon shares? Exactly, or SpaceX and you're like, do I want to hold SpaceX shares and Starlink shares? Even going back to our eBay episode with PayPal, how good of an idea was it to do the spin-off for shareholder value? I'm leading the witness here, but I don't think it's an A+ necessarily, but it's definitely an A that they did this from a pure shareholder value perspective in finally being able to open the books and see how good of a business each of these things were. There's an open question in my mind of, what if you could just open the books of Standard Oil as a whole rather than break it into a bunch of little parts, but there is no arguing that it was a great move. Again, I'll say it and it sounds dirty saying it because it's just such a corporate capitalist phrase, but a great move for shareholder value to break it up. This is the OG value unlock. This is what investment bankers would be just salivating over today.…
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