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by Aunche 265 days ago
Modern MBA videos are like ChatGPT. They sound reasonable when he's talking about something you don't know, but you'll notice him getting basic facts wrong in topics that you're familiar with. For example, he diagnoses the growth of public storage as people from single family homes to apartments in big cities and having no place to store their things, citing that America's urbanization rate has increased. However, the increased urbanization was actually driven by the growth of suburbs and actually, home sizes actually significantly increased during that period.
2 comments

This is the most detailed I've seen covering numbers on train stats, especially around revenue per employee and different business models ranging from fully private to government subsidized around the world. I've also seen a number of other Modern MBA videos ranging from ok to good and this is arguably his best video
What is your alternative explanation for why people rent public storage space? Urban growth and growth in suburbs are not mutually exclusive.
> What is your alternative explanation for why people rent public storage space?

People buying a lot more stuff. The mutually exclusive part is saying that home sizes decreased when they actually decreased.