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I don’t think anyone who really understands Amazon would have ever claimed that they have a bus factor of 1. In fact, I don’t think much would have changed if B
by xkjkls 7y ago
I don’t think anyone who really understands Amazon would have ever claimed that they have a bus factor of 1. In fact, I don’t think much would have changed if Bezos retired a decade ago. There’s a reason there are two other Amazon CEOs.
- m0zg 7y agoNot really, no. I hope you don't have a large position in AMZN. It can only have a PE ratio of 82 because investors believe in the myth of Jeff Bezos.
- xkjkls 7y agoJeff Bezos could retire tomorrow and it would barely change the stock. Is it expensive? Sure, but it’s expensive because it has a wide variety of charismatic businesses, not Jeff Bezos.
- simonebrunozzi 7y agoEx Amazon here (AWS). Pretty much agree with your statement. Bezos "replicated" his management style extensively, the executive team in charge of that is called the "S team" (S = Senior), and I agree that Bezos retiring would not affect the company too much.