Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
16 Dec 2024 Acquired Mars Inc. (the chocolate story)
“I think the right way to think about Hershey at this point in time is like Amazon.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 16 Dec 2024
- Publisher
- Acquired
- Episode
- Mars Inc. (the chocolate story)
Transcript context
…Which, to my understanding at this point in history is still that Hershey’s like, great, we love being an industrial wholesaler supplier to other candy companies. This is only good for us. I think the right way to think about Hershey at this point in time is like Amazon. They are both amazon.com and they are AWS. They’re very happy either way. As long as chocolate is being sold in America, they’re taking their tax. Once this gets going and money really starts flowing into the company, Frank wants to spend it. He builds a 20,000 square foot vacation home on a lake in Wisconsin. He buys a $2 million horse ranch in Tennessee that he names the Milky Way Ranch. He buys his own airplane so that he can be flown around to all of these places. Forrest hates all of this. He’s trying to reinvest as much into the business as possible.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.