Video and Transcript for Costco's Private Equity Headache

Below you can find a YouTube version of Episode #39, Costco’s Private Equity Headache.

Private Equity has spent the past decade rolling up and busting out hundreds if not thousands of America’s best companies small, medium and large. Now they are in the process of degrading one of our largest and most beloved for profit institutions: Costco. Increasingly the quality of everything from the items branded “Kirkland” to delivered water, are out of Costco corporation’s control. This week David and Matt are joined by Costco’s own Steve Hunt, who provides behind the scenes access in the battle for buying goods and services in bulk, or at all. Check out Steve's substack and his article: New York City: The Extraction Engine, the Extreme Center, and the Hollowing of Oklahoma City or Dasha Nekrasova vs. Woody Guthrie.

This is not as heavily edited as the podcast is, it’s closer to the raw video of our taping session. We also have a rough transcript for you.

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Thanks for watching the show! We’ll have another one for you soon.

-David and Matt