This is heavy.
Calling out their investor!
Bold but I agree with it.
Dear Jeff – Signal v. Noise:
It doesn’t have to be like this. You’re literally the richest man in the world. Markets have suspended disbelief for decades, and let you rule as you see fit. It’s well within your power and purvey to change course.
I like the grown prosper, invest, fix, grow, prosper mantra
Nothing is perfect but you have to start in order to have something to fix.
Lots of people will sit on the sidelines and complain or just armchair quarterback everything.
Welcome Amazon – AVC:
But I am a fan of grow, prosper, invest, fix, grow, prosper.
Interesting way for Amazon to play the free OTT game:
Amazon is expected to announce a free, ad-supported video service with libraries of past TV shows and movies. The offering, which is similar to The Roku Channel and Hulu, will let advertisers use Amazon’s first-party data to target advertising.
— Read on www.cnbc.com/2018/10/01/amazon-planning-new-free-video-service-compete-tv-dollars.html
Surprised to hear a good article on Forbes.
Jeff Bezos, the Amazon founder, has built the most innovative and feared juggernaut of the 21st century—and every industry is now fair game.
— Read on www.forbes.com/sites/randalllane/2018/08/30/bezos-unbound-exclusive-interview-with-the-amazon-founder-on-what-he-plans-to-conquer-next/
Last year’s pick was Netflix. Makes sense – the operating system video.
Now he is picking Spotify – essentially the operating system for audio. Makes sense, and this is why they shouldn’t mess around with video at all.
Awesome read. I hope Amazon takes Whole Foods global.
How Amazon Plans To Use Whole Foods to Dominate the Retail Industry | Fortune:
The very thing that makes grocery delivery hard—that food goes bad—is the reason it’s so desirable to a company like Amazon. Because cheese grows mold and meat goes rancid and milk sours, consumers can’t hoard it in their cupboards or refrigerators indefinitely as they might toilet paper or laundry detergent. As a result, the average family hits the supermarket at minimum once a week; there’s nothing else you purchase or consume so much or so often. For Amazon, getting in on that frequency is critical to further ingraining itself in our routines and behaviors. “Food is the platform for selling you everything else,” says Walter Robb, the former co-CEO of Whole Foods. “It’s an everyday way into your life. There’s nothing else that happens quite that way.” Amazon’s quest is therefore about much more than just food.