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Koch Industries

7 statements across 1 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Jan 2, 2019 by Charles Koch · said 21 times in 2 episodes since 2019 · across every show →

Mentions by year

brought up most by Marc Andreessen (20)

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2024 1 mention in 1 episode
2019 20 mentions in 1 episode

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Everything said about Koch Industries, oldest first

Jan 2, 2019
Assertion Not checkable as stated
Koch: Fred Koch focused on liquidity for estate taxes
“He was mainly focused on saving enough liquidity, enough cash to pay for his death taxes.”
Charles Koch Jan 2, 2019 ▶ 6:08 a16z Podcast | The Business of Continual Change
Jan 2, 2019 neutral
Assertion Not checkable as stated
Koch Industries nets financial losses from dumb failures against employee value created
“Whereas if you had a dumb failure, and you lose ten million, you made twenty million, or you made twenty-five million over here, you get credit for 15. So we net it up.”
Charles Koch Jan 2, 2019 ▶ 20:42 a16z Podcast | The Business of Continual Change
Jan 2, 2019 positive
Assertion Not checkable as stated
Charles Koch: Koch Industries hires for values before talent
“Who we hire first on values and second on talent.”
Charles Koch Jan 2, 2019 ▶ 13:49 a16z Podcast | The Business of Continual Change
Jan 2, 2019 negative
Assertion Not checkable as stated
Charles Koch: Koch Industries ignores academic credentials in hiring
“I'm not talking about credentials or what school. We couldn't care less.”
Charles Koch Jan 2, 2019 ▶ 13:56 a16z Podcast | The Business of Continual Change
Jan 2, 2019 positive
Assertion Not checkable as stated
Koch: Koch Industries conducts 360-degree evaluations for all employees including CEO
“And so every supervisor is expected to go there, and we have the 360 degree evaluations of everybody, including me. I get feedback on my improvement plan every year, and it's a long list, so I won't bore you with all that.”
Charles Koch Jan 2, 2019 ▶ 16:37 a16z Podcast | The Business of Continual Change
Jan 2, 2019 positive
Assertion Not checkable as stated
Charles Koch confirms Koch Industries reinvests 90% of earnings annually
“90%.”
Charles Koch Jan 2, 2019 ▶ 22:02 a16z Podcast | The Business of Continual Change
Jan 2, 2019 positive
Assertion Not checkable as stated
Koch: Employees can earn more than managers with no pay cap
“That has nothing to do with how much your manager, although he gets some of the credit for you performing well, but there's no max. We want everybody to make all they can. Based on the value they're creating.”
Charles Koch Jan 2, 2019 ▶ 17:10 a16z Podcast | The Business of Continual Change
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