The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Osher: Spinbrush was the highest-testing consumer product in P&G history
“And it turned out, and we didn't know this till later, that it was the highest testing product they ever did in the history of Procter & Gamble with consumers.”
Osher: Overhead baby toy arches didn't exist before his Rainbow Toy Bar
“Every, every baby in the world uses some form of this now, but back then it did not exist.”
Osher: Spinbrush sold seven units per store daily during Meijer pilot
“We'd put them out, and we were selling seven a day per store, which was just in a different realm of any other toothbrush in the world.”
Osher: Spinbrush drove $21M profit on $44M revenue in first 8 months
“And in the first year, we did forty four million with a twenty one million dollar profit. ... It wasn't even a full year. It was probably closer to eight months. And as I said, we made a twenty one million dollar profit.”
Osher: Spinbrush bought 1M batteries daily, trailing only Walmart
“We were buying close to a million batteries from EverReady. A day. We were second only to Walmart and battery purchases at the time.”
Osher: P&G forecasted $120M in Spinbrush sales but cleared $300M
“So they had told their board that they thought they could do as much as a 110 or a hundred twenty million dollars with this product. And I think after a year, they were doing over 300. A million with the product”
Osher: Arcade Basketball drove $6M in sales and $1.5M profit
“So our budget, our next year, we got this chance, and everyone bought arcade basketball, we did six million dollars, and made a million and a half dollar profit.”
Osher: Cap Toys generated $40M to $50M from interactive candy
“And we were probably in the interactive candy back then, we're probably doing 40, fifty million dollars of the candy.”
Osher: Scale reduced novelty battery costs to 12 cents per unit
“The reality is, is that we ended up buying such large quantities of little motors at batteries and gears Where we're buying in the millions of batteries from EverReady alkaline batteries, where we're paying 12 cents a battery rather than 78 cents or 39 cents f…”
Osher: Oral-B's top manual toothbrush sold just 12 units per store weekly
“Oral-B was selling the best-selling toothbrush in the world at the time was their cross-section, which was three 95 expensive toothbrush manual, and they were selling 12 a week per store.”
Osher: P&G divested Spinbrush to clear Gillette antitrust hurdles
“Well, what happened is they, three years into it, they were trying to buy Gillette, and Gillette owned Oral-B and Braun. And the deal was being held up because the tooth, the oral B and the spin brush were a monopoly. It was well over 50% of all the toothbrush…”
Osher: Plumbers outearned other trades in his Gurdjieff commune
“Even when I was a plumber in this Gurdjieff group, I was rich, you know, within the context of my life. I, you know, I had a house and a car and a wife, and I made much more money than everyone else in the group because I was in a business that you could charg…”