The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Dell: Incumbents Failing to Adopt AI Will Be Destroyed in 3-5 Years
“These companies have an incumbency of sorts, right? They have data, they have customers, they have brands, they have IP, et cetera. But if they don't move quickly to re-imagine their businesses, given all this technology, they will be destroyed by new companie…”
Michael Dell: Only 10-15% of large companies have figured out AI
“Maybe 10 or 15% of large companies have really figured this out. And the rest of them are kind of fumbling around.”
Dell: AI will expand output and problem-solving rather than just cut headcount
“When I hear people say, oh, you know maybe we're just gonna have all these great tools and we won't do more things. We'll just do the same things with fewer people. It doesn't sound right to me. I mean, there'll be some of that, but I think most of it will be,…”
Dell: Stripe data shows 2025 startups growing 4x faster than 2018 cohort
“When you talk to the Collison brothers at Stripe, they'll tell you that the Rate of growth of the 20, 25 cohort companies is about four times faster than the 20 18 companies.”
Michael Dell: AI lets Dell teams finish months of work in days
“When I listen to what our teams are able to accomplish in a day or two weeks that would have taken them, you know, a few months or nine months time, you know, it's just amazing the speed of innovation.”
Michael Dell Realized the $3,000 IBM PC Contained Only $600 in Parts
“And so when you took apart this IBM PC, you That was selling for about 3000 dollars. As far as I could tell, it was about 600 dollars worth of parts.”
Michael Dell: Texas has more NYSE companies than New York or anywhere else
“More New York Stock Exchange companies in Texas than in New York or anywhere else.”
Dell's infrastructure business grew 73% last quarter
“Our infrastructure business last quarter grew, 73%.”
Dell operated on five days of inventory while competitors held ninety days
“They had like, 90 days in their collective supply chain. And we figured out how to have like, five days. I mean, it was crazy. It was like a massive advantage.”
Michael Dell: We Maintained Six Days of Inventory for Seven Consecutive Years
“You have six days of inventory, which we actually had for about seven years in a row, six days of inventory, think about that. The, it's a structural competitive advantage because you're, you have fresher inventory, you have fresher costs, and of course you do…”
Michael Dell realized the $3,000 IBM PC contained just $600 in parts
“When you took apart this IBM PC that was selling for about 3000 dollars, as far as I could tell, it was about 600 dollars worth of parts.”
Michael Dell generated $50,000 to $80,000 monthly from his dorm room
“I was doing about 50 to 80,000 dollars a month in business when I was in my dorm room.”
Dell introduced a PC twice as fast as IBM's for half price
“IBM at the time had a six megahertz, two 86 computer that they sold for 3995 dollars. So, you know, we introduced a 12 megahertz two 86 base computer and we sold it for 1995 dollars. So our computer was twice as fast and was half the price.”
Michael Dell: Most early Dell sales came from businesses, not consumers
“A lot of people thought, oh, only consumers buy from Dell. That's actually not what was happening. We were selling to all sorts of companies and governments and small and medium-sized businesses, and that was most of our business, even from the beginning.”
Michael Dell's company reached $66 million in revenue when he was 21
“I think it was sixty-six million that, that year, and I was 21.”
The FCC ordered Dell to halt all computer production around 1986
“I remember one time we got this letter from something called the Federal Communications Commission, the FCC, and apparently, ah, you know, computers fall under something called the Federal Communications Commission Class B device, which means they have to be a…”
Dell: IBM's dominance in IT around 1981 was historically unprecedented
“You know, this company IBM had a leadership of the part of the economy referred to as information technology, unlike any other company at any other time in history. They were by far the dominant company.”
Dell: Dell Technologies will generate $140B in revenue this year
“We'll have about a 140 billion in revenue this year”
Michael Dell: One out of 10 US children is born in Texas
“One out of 10 children born in the United States, born in Texas.”
IBM manufactured none of the core components in its original PC
“And inside the IBM PC, None of the chips were made by IBM, right? And none of the disk drives were made by IBM. The power supply wasn't made by IBM.”
Dell: Over 80% of Dell's first-year business was to enterprises
“If you go back to the very, very beginning, like the first full year, like over 80% of the business was to businesses.”
Dell: 75% to 80% of all technology spending is from businesses
“So, if you look at all technology spending roughly 75 to 80% of it is businesses, not consumer.”
Dell: Dell stock rose 130,000% with seven stock splits in the 1990s
“Stock went up a 130,000 percent. We had seven stock splits.”
Michael Dell made $18,000 at age 17 selling newspaper subscriptions
“I think I was about 17 years old, and I made a little over 18,000 dollars that year.”
Dell began building PCs internally because buying them became too expensive
“And by this time, we had actually been assembling our own computers just to format the hard drives, because it became too expensive to buy them from other people.”
Michael Dell Made $18,000 Selling Newspaper Subscriptions at Age 17
“I think I was about 17 years old, and I made a little over 18,000 dollars that year.”
Dell: Few people and almost no students bought PCs in 1983–1984
“Students weren't really buying computers at the time, and most of the students that I knew, they weren't really interested in computers at the time.
That sounds like crazy right now, but this is back in 1983, 1984.
There weren't very many people that had perso…”
Michael Dell Reached $80,000 in Monthly PC Sales From His Dorm Room
“I was doing about 50 to 80,000 dollars a month in business when I was in my dorm room.”
Dell Initially Assembled PCs Just to Format Hard Drives Cheaply
“And by this time, we had actually been assembling our own computers just to format the hard drives, because it became too expensive to buy them from other people.”
Dell Launched a Computer Twice as Fast as IBM's for Half Price
“So, you know, we introduced a 12 megahertz two 86 base computer and we sold it for 1995 dollars. So our computer was twice as fast and was half the price.”
Michael Dell: Most of Dell's early business came from B2B and government sales
“We were selling to all sorts of companies and governments and small and medium-sized businesses, and that was most of our business, even from the beginning.”
Dell's Sales Doubled Three Months After Introducing On-Site Technical Service
“And, you know, we thought the minute we announced this, our sales will double, you know, because it was, like, so much better than what we were doing before, and they didn't double instantly, but after about three months, they doubled, so.”
Dell Reached $66 Million in Annual Revenue When Michael Was 21
“I think it was sixty-six million that, that year, and I was 21.”
The FCC Ordered Dell to Stop Manufacturing Computers in 1986
“I mean, I remember one time we got this letter from something called the Federal Communications Commission, the FCC, and apparently, ah, you know, computers fall under something called the Federal Communications Commission Class B device, which means they have…”
Michael Dell: Dell's 1989 engineering initiative 'Project Olympic' failed
“You know, around the same time, we also had a wildly ambitious engineering program that our team had cooked up, and It was too big of a technical leap, and the project failed. It was a project called Olympic.”
Dell Hired Roughly One Employee Per Week in First Year
“When I started, you know, we was just me, but I hired about one person a week, every week, you know, for the first year or so, and then it became more and more.”