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Published · transcript-backed

Ben Gilbert: observation

18 Nov 2024 Acquired IKEA

“The only way in which it hurts them is access to capital, but they don’t need money.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
observation
Recorded
18 Nov 2024
Publisher
Acquired
Episode
IKEA

Transcript context

…Not to mention it neutralized what probably was realistically the biggest risk to the business, which was now or future family squabbles in generations to come. That’s just off the table. Absolutely. The only way in which it hurts them is access to capital, but they don’t need money. Can you come up with another way that the corporate structure is a con? I mean it’s a con for society, I guess. It deprives people from the tax dollars that they would’ve to pay otherwise. Or the participation as an index fund holder or equity holder in the building of this business.…

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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