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Acquired
Ben Gilbert and David Rosenthal
209 episodes
23 hours ago
Every company has a story. Learn the playbooks that built the world’s greatest companies — and how you can apply them.
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Technology
Business,
Investing
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All content for Acquired is the property of Ben Gilbert and David Rosenthal and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Every company has a story. Learn the playbooks that built the world’s greatest companies — and how you can apply them.
Show more...
Technology
Business,
Investing
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Mars Inc. (the chocolate story)
Acquired
3 hours 50 minutes
10 months ago
Mars Inc. (the chocolate story)

M&M’s, Snickers, Milky Way, Double Mint, Ben’s Rice, Pedigree, Whiskas, VCA, Banfield… all the brands you know, owned by the company you know nothing about: Mars, Incorporated. And Mars itself is 100% owned and deeply intertwined with the Mars family, who are currently the second wealthiest (and perhaps first most secretive!) family in the United States. Tune in for one of the 20th century’s most incredible entrepreneurial stories across candy and pet care, and one that’s all the more incredible because it’s so little-known!

Sponsors:

Koyfin: https://bit.ly/acquiredkoyfin
Statsig: https://bit.ly/acquiredstatsig25
ServiceNow: https://bit.ly/acquiredsn

Links:

  • Hershey’s M&M response: Hershey-ets
  • Our past episodes on Berkshire Hathaway, LVMH, and Novo Nordisk
  • Worldly Partners Multi-Decade Mars Study
  • Episode sources

Carve Outs:

  • Dandelion Chocolate and the Dandelion Advent Calendar
  • Tesla Model Y + repair service
  • Silo
  • Home Alone



More Acquired!:

  • Get email updates with hints on next episode and follow-ups from recent episodes
  • Join the Slack
  • Subscribe to ACQ2
  • Merch Store!

© Copyright 2015-2025 ACQ, LLC


‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

Acquired
Every company has a story. Learn the playbooks that built the world’s greatest companies — and how you can apply them.