Here's What It Takes to Make a Great Company

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Odd Lots 45 min 7 speakers 4 chapters transcribed 1 month ago
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Tom Keen 0:00
Hi, I'm Tom Keane, inviting you to join me for the Bloomberg Surveillance Podcast. It's about making you smarter every business day.
Paul Sweeney 0:07
I'm Paul Sweeney. We bring you complete coverage of stocks, bonds, commodities, even crypto. All the information you need to excel in the markets.
Alexis Christophorou 0:15
And I'm Alexis Christophorus. Listen to us for essential conversations with the smartest names in economics, finance, investment, and international relations.
Tom Keen 0:23
That's the Bloomberg Surveillance Podcast. Subscribe today on Apple, Spotify, or anywhere you listen.
Tracy Alloway 0:30
Hey there, Odlots listeners. It's Tracy Alloway. And
Joe Weisenthal 0:33
Joe Weisenthal.
Tracy Alloway 0:34
We are very excited to announce that Oddlots is going to Washington.
Joe Weisenthal 0:39
That's right. For the first time we are going to do a live public oddlots recording in our nation's capital. That's gonna be March twelfth in Washington DC at the Miracle Theater. And guests will be announced in the coming days, but in the meantime, you can find a ticket link at Bloomberg.com slash oddlots.
Unknown 1:01
Bloomberg Audio Studios. Podcasts, radio, news.
Tracy Alloway 1:17
Hello and welcome to another episode of the All Thoughts Podcast. I'm Tracy Alloway.
Joe Weisenthal 1:22
And I'm Joe Weisenthal.
Tracy Alloway 1:23
Joe, you told me you read a fiction book last year, right? Just one.
Joe Weisenthal 1:29
Uh I read it th so my I re I read too much nonfiction like a lot of dudes, I think. It's nonfiction is very bro coded. My goal for twenty twenty five was to read at least one novel and I did it. I already satisfied my goal. It's not even the end of January yet. So back to reading random history and philosophy and all that stuff.
Tracy Alloway 1:48
Ver very ambitious, your one fiction book. Um, can I make a suggestion for another fiction book you should read? Please. So there's a book by Margaret Atwood called Oryx and Crake, and it's sort of a sci-fi thing. Okay. But I think about it quite a lot nowadays because she has this vision of society in the future. And in that society, companies are the most important. part of it. It's not about countries anymore. It's all about what company you work for. And the companies are kind of the ones providing all the social services like healthcare and housing. Basically you're a citizen of a company instead of a country. And I kind of think about it a lot because I feel like We're sort of moving in that direction where companies are becoming more powerful, they're becoming more interesting in many ways and more important to society than ever.
Joe Weisenthal 2:42
I'm looking it up right now. I hadn't heard of it. It came out in two thousand three. Maybe at that time it was sort of seen as futuristic. But in twenty twenty five, uh, it does not even sound futuristic or controversial at all. And we could go on about what that means, but I just like basically accept the premise that that's true now in twenty twenty five.
Tracy Alloway 3:02
Okay, great. So you have your second fiction book to read. But the reason I bring it up is because I think we should do more on the stories of companies in general. And so I am very pleased to say that we do, in fact, have the perfect guests to discuss this. I'm very excited about this. I'm a fan of their podcast. Lots of people are fans of their podcast. We're going to be speaking with Ben Gilbert and David Rosenthal, the co hosts of the acquired podcast. So Ben and David, thank you so much for coming on Autops.
David Rosenthal 3:31
Thank you. Great to be here. Thanks for having us.
Tracy Alloway 3:33
All right.
David Rosenthal 3:34
Tracy, I love that intro. Yeah, what a career she's
Joe Weisenthal 3:38
Tracy and I were talking about like who should start this one and I was like, ah, Tracy, you do it and uh it was much better than what I would have
Tracy Alloway 3:45
Well thank you everyone. That's very nice. Um, Ben and David, maybe give us the uh the elevator pitch for the podcast just before we begin.
Ben Gilbert 3:53
Well, Acquired is a ten year old podcast that started, like many company journeys, in obscurity with nobody listening and slowly doubled year over year over year. We can now I bet. I bet. Uh yeah, we're now fortunate to be one of the top few um off of the number one tech podcast on um Apple and Spotify, which is a little funny because we study these companies that are very often not tech companies now, but we look at companies like TSMC and Mars, the company behind MMs, IKEA, Meta, Hermes, Costco, and we really try to through conversation.

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