Walmart

“And so through that, we were actually making great progress where we basically were going to get about 400 testing sites up from nothing in about four or five days.”

“And Doug McMillan from Walmart at the time said, you know what? If our country's asking us to do this, we're going to do it. We'll take the liability.”

“And people shit on Walmart. I had to shop at Walmart when I grew up. Like, I'm not shopping there now, but like, they did a service for my family. And for millions of people, it's like, they destroyed Main Street businesses. It's like, we couldn't afford to no…”

“GitHub was so special of a company that for a long period of time, they never actually talked to customers. So the first time I ever met GitHub, They were like, we got to tell you this is so awesome. We sold to Walmart, and they're paying us 400,000 bucks, and…”

“And since they basically, you know, got on the same curve, 62% of all retail has gone to those three.”

“And had the stake in Walmart not been sold, the stake in Walmart would have been greater than the sum total of everything that I was managing.”

“If you're a large retailer, be it a Walmart and Amazon or Costco. If you own the relationship with your customers, you have this ability to disintermediate the company selling to you.”

“Pretty much any CPG company in the US is going to have a third of the business or so, sometimes more with Walmart or another big chunk with Costco or, and it's short in other countries as well, where between one and three retailers, you're going to have the bu…”