Diamond Wars | The Alchemists | 7

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 15 July 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s the 2000s and the diamond cartel is dead. Now, De Beers must adjust to its new status as the market leader rather than the monopoly. But the threats to its business aren’t going away.

Diamonds are losing their luster with the young, and Zimbabwe’s undermining the industry’s response to conflict diamonds. And most threatening of all, a wave of new start ups are out to disrupt De Beers by growing man-made diamonds.

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Transcript

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0:00.0	Hey, prime members, you can listen to business wars, add free on Amazon music.
0:04.6	Download the app today.
0:07.0	A note to listeners, this episode contains descriptions of violence.
0:17.0	Please take care while listening.
0:24.1	It's a Monday morning in 1996, an embossed in Massachusetts.
0:27.8	A blue sob pulls into the parking lot of a rundown suburban strip mall.
0:32.3	Robert Linaris steps out of the vehicle.
0:35.3	He's middle-aged and wearing a golf shirt, slacks and loafers.
0:39.0	He walks into a graphic design store.
0:41.9	The store owner nods hello as Linaris goes to the back and unlocks the door to his secret
0:47.1	diamond lap.
0:48.8	He puts on a white, clean room suit and a hair net and enters the workspace.
0:54.3	The room is filled with strange contraptions.
0:57.6	Linaris's son, Brian, is already there, inspecting a cylindrical metal device that resembles
1:03.3	an industrial coffee urn.
1:05.7	A strange purple glow is visible through the port holes on the device.
1:10.4	Morning, son.
1:11.4	How's it going?
1:12.4	Good.
1:13.4	Just sucking out the air before pumping in the hydrogen and methane.
1:16.6	This machine is Linaris's diamond grower.
1:20.5	Synthetic diamonds aren't new.
	...

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