Koch Industries
Private industrial conglomerate that is a major shareholder of GMR Solutions ahead of its IPO.
“He's got a whole set of principles that he tries to apply to running a business. And those principles he's used to build and acquire and operate multiple different kinds of businesses.”
Source→“I looked at it, we need to be capability bounded, not industry bounded.”
Source→“we were a much smaller company and we bought Georgia Pacific for 20 billion”
Source→“Our CIO today, his name's Jared Benson, his first interaction with Coke was based striping lines in our parking lot. So no college degree whatsoever... he saw the cybersecurity risk in that wave coming, built a whole capability to protect us from cyber attacks. And then now he's CIO of the company.”
Source→“I was promoted to president of Coke Fertilizer at that time and about nine months in I realized that I was not the guy for the job and I walked in my boss's office and fired myself”
Source→“they had this 51-story building... and you had to put on a coat and tie and get permission to come up there. And so Joe immediately kicked them all out... and turned it all into offices open to anybody.”
Source→“The mistake we made, or I made, is trying to do it through one party. You can't do that. So now, we follow Frederick Douglass' advice to work with anyone to do right and no one to do wrong.”
Source→“That's why we back Cosmos who is doing, backing people who do AI based on these principles of market-based management, based on these principles of human progress.”
Source→“It's called Principal Companion. You can download it in the App Store... any problem. So it's one field, you know, whatever your problem is in business and philanthropy... And it doesn't give you an answer. You can't say, well, I got this problem. What's the answer? No, it asks you questions.”
Source→“With a relatively modest amount of money over the last five, six years, we've helped create and seed over 5,000 schools.”
Source→“Sterling Varner who was our president of the early days who, by the way, was born... His father had ran mules in an oil field camp and he was born in a tent... never went to college and he could, whoever he met with wanted to do business with us.”
Source→“GMR Solutions, a Lewisville, Texas-based emergency medical services company, set IPO terms... It would have a $4.7b market cap, were it to price in the middle... KKR, Koch Industries, and BlackRock as major shareholders.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.