David Rosenthal
speaker
40,888 appearances
64 recordings
4 series
first heard Aug 2022
last heard 14 Sep
David Rosenthal’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Oct 2025 with 3.
Appearances
I mean, just like Costco, no-brainer proposition to the buying public.
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It's one trip like we've been talking about.
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Yes.
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So the model starts to work quickly and the flywheel here is getting spun up in Atlanta.
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And then the next year in 1980...
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JCPenney calls him back again and says, hey, we're finally going to pull the plug totally on this Treasure Island thing.
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We got a bunch of locations that are now going to be empty down in Florida.
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Do you want them?
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And
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Yeah, of course they want them.
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The whole plan here is expand nationally, and this is great real estate.
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We should jump on this.
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There's just one problem, which is they are maxed out on capital.
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So in 1979, that first six-month period that the company was operating, they lost about a million dollars.
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So one out of the $2 million of startup capital was blown in 1979.
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In 1980, this next year, they made a million dollars in profit.
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Like, this is incredible.
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This shows how well the model is working.
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Yep.
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Going like gangbusters.
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Showing 841–860 of 40,888 · page 43 of 2045
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