Inter IKEA Systems, every mention
9 scenes (said by Ben Gilbert) · ← back to Inter IKEA Systems
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Verbatim, from the transcripts: the passages where Inter IKEA Systems comes up
IKEA (Audio) · Acquired
- ▶ 1:44:46 Ben Gilbert The franchisor, who owns the brand, the IPE, all that, is Inter-Ikea Systems.
- ▶ 1:45:05 Ben Gilbert So every year, Inter-Ikea Systems, and this changes a little bit over time, but Inter-Ikea Systems, the parent company, designs furniture and works with manufacturers to have it made and upkeeps the brand and all the corporate stuff.
- ▶ 1:47:28 Ben Gilbert Inka, the franchisee who operates the stores, rolls up to a Netherlands-based charitable foundation where InterIkea Systems, the kind of parent that owns the IP,
- ▶ 2:27:57 Ben Gilbert There's Inter-IKEA Systems.
- ▶ 2:28:17 Ben Gilbert So Inter-IKEA does three things.
- ▶ 2:32:58 Ben Gilbert This is not including the ownership of InterIKEA itself, the company.
- ▶ 2:33:40 Ben Gilbert It's funny, I had done some napkin math on if I were to buy all of Ikea, including Inter and Inca, what would I value it at?
- ▶ 2:34:21 Ben Gilbert Again, this would be Inter plus Inca plus the other franchisees at about 50, sixty billion dollars.
- ▶ 2:34:40 Ben Gilbert I don't really care about slicing it inter versus Inca, I think this is all silly, but it is interesting to think, like, there's a cash pile that the inter-Ikea foundation has to ensure the continuity of Ikea that is approximately equal in…