Disney's Secret Land Grab
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A strategic approach Disney used to acquire land for Disney World in Florida, showcasing creative business tactics to maintain cost control.
Land Acquisition Strategy
- Created 5 stealth shell companies to buy land secretly
- Initial land prices were around $180 per acre
- Price jumped to $18,000 per acre after news leaked
- Had to stop buying once the secret was revealed
Disney World Development Vision
- Wanted to create a second location after Disneyland's success
- Created EPCOT (Experimental Prototype Community of Tomorrow)
- Designed as a showcase of future technology
- Meant to be continuously evolving
- "Never finished" philosophy
Business Performance
- Parks and Resorts division generated approximately $30 billion annually
- Theme parks were major value creators pre-COVID/Disney+
- Operated as a cash cow, not a loss leader
- Continuously reinvested profits into park upgrades
- Regular investment in new rides and themes
Walt's Philosophy
- "Happiest place on earth" vision
- Wanted to create an escape from real-world problems
- Believed in continuous evolution and improvement
- "Disneyland will never be completed as long as there is imagination left in the world"
10:28 - 10:54
Full video: 12:38SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.