Money and Finance
- Amazon: Relentless.com
Link to article: Relentless.com At 20 Amazon is bulking up. It is not—yet—slowing down HIGH-TECH creation myths are expected to start with a garage. Amazon, impatient with ordinary from the outset, began with a road trip. In the summer of 1994 Jeff...
- The 1975 Buffett Memo That Saved Wapo's Pension
FORTUNE -- One of the (many) things that surprised people about the recent $250 million sale of the Washington Post to Amazon (AMZN) founder Jeff Bezos was the health of the Washington Post's pension plan. At a time when most pension plans are struggling,...
- Inside Amazon's Idea Machine: How Bezos Decodes The Customer
Found via My Investing Notebook. A few months ago Amazon reached what its founder and CEO Jeff Bezos demurely tells me was “an interesting milestone.” The retailing giant, so ubiquitously associated with books, then music and video, now has tens of...
- Amazon.com's Jeff Bezos - Interviews
After reading a current interview with Jeff Bezos (HERE), I decided to search for old interviews and found one, from 2001, that I think is quite insightful. You can find that one HERE (excerpt below).--Here you were sitting in New York City in a very...
- Put Buyers First? What A Concept
When I spoke to analysts and investors, they had all kinds of reasons for Amazon’s performance last year. “They finally reached a point where their R&D spending was not expanding as fast as their revenues,” said Citigroup’s Mark S. Mahaney....
Money and Finance
Jeff Bezos’ Letter to Shareholders
Link to: Jeff Bezos’ Letter to Shareholders
We have the good fortune of a large, inventive team and a patient, pioneering, customer-obsessed culture – great innovations, large and small, are happening everyday on behalf of customers, and at all levels throughout the company. This decentralized distribution of invention throughout the company – not limited to the company’s senior leaders – is the only way to get robust, high-throughput innovation. What we’re doing is challenging and fun – we get to work in the future.
Failure comes part and parcel with invention. It’s not optional. We understand that and believe in failing early and iterating until we get it right. When this process works, it means our failures are relatively small in size (most experiments can start small), and when we hit on something that is really working for customers, we double-down on it with hopes to turn it into an even bigger success. However, it’s not always as clean as that. Inventing is messy, and over time, it’s certain that we’ll fail at some big bets too.
- Amazon: Relentless.com
Link to article: Relentless.com At 20 Amazon is bulking up. It is not—yet—slowing down HIGH-TECH creation myths are expected to start with a garage. Amazon, impatient with ordinary from the outset, began with a road trip. In the summer of 1994 Jeff...
- The 1975 Buffett Memo That Saved Wapo's Pension
FORTUNE -- One of the (many) things that surprised people about the recent $250 million sale of the Washington Post to Amazon (AMZN) founder Jeff Bezos was the health of the Washington Post's pension plan. At a time when most pension plans are struggling,...
- Inside Amazon's Idea Machine: How Bezos Decodes The Customer
Found via My Investing Notebook. A few months ago Amazon reached what its founder and CEO Jeff Bezos demurely tells me was “an interesting milestone.” The retailing giant, so ubiquitously associated with books, then music and video, now has tens of...
- Amazon.com's Jeff Bezos - Interviews
After reading a current interview with Jeff Bezos (HERE), I decided to search for old interviews and found one, from 2001, that I think is quite insightful. You can find that one HERE (excerpt below).--Here you were sitting in New York City in a very...
- Put Buyers First? What A Concept
When I spoke to analysts and investors, they had all kinds of reasons for Amazon’s performance last year. “They finally reached a point where their R&D spending was not expanding as fast as their revenues,” said Citigroup’s Mark S. Mahaney....