Lens family
31 analyses · People & ControlFounder Doctrine
Universal's Bad-Faith Donkey Kong Lawsuit in 1982 Taught Nintendo What IP Law Can Do
Nintendo
What Survived Steve Jobs at Apple: A Closed System That Makes Discipline Structural
Apple
Eddie Lampert's $1.9B in Fees Left Him Up $1.4 Billion as Sears Died
Sears
A $4.425 Billion Buyback and a Charity Handoff Keep Bloomberg Permanently Private
Bloomberg
Johann Rupert Holds 10% of Richemont's Equity and 51% of the Vote — by Constitutional Design
Richemont
LVMH's Succession Contest Is a Leash: Arnault Can Hold the Top Job Until Age 85
LVMH
How Marvel Funded Its First Films: A $525M Loan It Could Afford to Lose
Marvel
Why Buffett Loves GEICO: Underwriting Discipline That Makes Capital Nearly Free
Geico
Berkshire Runs 392,400 Employees From a 27-Person Headquarters — Now Abel Inherits the Math
Berkshire Hathaway
WeWork Gave Adam Neumann 20 Votes a Share — Then Markets Priced What Buying Him Out Costs
WeWork
Musk Closed the Twitter Deal at the Full $54.20 — Days Before His Own Deposition
Musk-Twitter
Ryan Cohen Cut GameStop to a $422M Profit as Revenue Slid From $6.0B to $3.8B
GameStop
FTX's $8 Billion Hole Was the Design — a Single Code Flag Gave SBF's Trading Firm Secret Credit
FTX
Musk Tried to Escape His Own $44 Billion Twitter Offer, Lost in Court, and Closed at $54.20
X (Twitter)
Hershey Can't Be Sold Without an Orphan School's Permission. That's by Design.
Hershey
Marvel Was Worth More as Collateral Than as a Company — Until the People Who Believed in It Won
Marvel
Mars Stays Private on Purpose. It Wrote the Reason Into Its Own Rules.
Mars
Aramco Sold 1.5% of Itself and Changed Nothing. That Was the Whole Point.
Saudi Aramco
Vanguard's Customers "Own" the Firm. The Word Owns More Than They Do.
Vanguard
Tim Sweeney Controls Epic Games by a Margin That Shrinks Every Time He Raises Money
Epic Games
Reddit's Cheapest Employees Are the Ones It Cannot Afford to Lose
Reddit
Buffett Called BNSF an 'All-In Wager.' He'd Already Been Holding the Cards for Three Years.
Buffett-BNSF
Larry Ellison Named His First Product Version 2. The Lie Was the Strategy.
Oracle
Subway Stayed Private for 60 Years. Then Estate Math Did What Strategy Never Would.
Subway
ByteDance Let the Machine Decide. That Was the Point — and the Trap.
ByteDance
Michael Dell Has Spent a Decade Buying One Thing Back: Control
Dell
Rolex Can't Be Bought. A Dead Man Made Sure of It.
Rolex
Mateschitz Built Red Bull. He Never Owned It.
Red Bull
Rupert Murdoch Couldn't Buy Control From the Grave. So He Bought His Children Out Instead.
Fox
Chanel Spent More When Profit Fell 30%. That's What Private Buys.
Chanel
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