“Within a few months from the moment the acquisition closes, we swap out the entire technological foundation… we’ve built dozens of proprietary technologies.”
BS
Bending Spoons
Prof G Markets ·
“All of the acquired companies retained their management teams and their names… each pursued a regional acquisition strategy in its own name… once the first couple of deals were done, the momentum for joining became irresistible.”
Founders · #437 The Tycoons: Carnegie, Rockefeller, Gould & Morgan
Play from 45:54
45:54
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What was described
Consolidated dozens of railroads by keeping acquisitions secret, retaining existing management, and using a regional acquisition strategy under each railroad’s own name
Said nearby on the same subject
“Carnegie also insisted on railroad-style cost accounting… His monthly reports carefully spread labor costs… tracked all raw material inputs and percentage of waste… competitors literally had no idea what was going on inside their own company.”
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Said on Founders
“I will triple whatever you contribute to ... Underground Railroad ... we’ve funded and been a part of almost 2,000 rescues.”
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Said on Tony Robbins Podcast Daily
“We don't change the names… we always keep the same team… customers reach out because we’re not a large consolidator”
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Said on Acquiring Minds
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