Evidence receipt / belief
Published · transcript-backedHoward Schultz: belief
4 Jun 2024 Acquired Starbucks (with Howard Schultz)
“I think we only had a couple of quarters of profitability and I think we had about 130 stores.”
Source trail
Everything needed to verify it.
- Speaker
- Howard Schultz
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 4 Jun 2024
- Publisher
- Acquired
- Episode
- Starbucks (with Howard Schultz)
Transcript context
…I’m sure it did. Well, isn’t that the thing about valuations? It always seemed like in the good old days everything was undervalued. Okay. Let’s talk about the IPO. It seems like you knew the moment that you bought Starbucks from the founders, this going to be a public company. There was so much about being a public company that meant something to me personally, that it validated the company. It validated me, my own shame and security as a kid. I was a driving force all along. Certainly the year before with Beans Stock is an indication what I was planning. If Beans Stock was turned down, I would’ve waited. That had to be done. I think we only had a couple of quarters of profitability and I think we had about 130 stores. What was the revenue at the time?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.