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I mostly agree with you here. The other big thing is that Zuckerberg is really good at seeing the business value in other people's ideas. He chases financial v
by bognition 4y ago
I mostly agree with you here.
The other big thing is that Zuckerberg is really good at seeing the business value in other people's ideas. He chases financial value by copying what other companies do.
Instead companies like Amazon and Apple are obsessed with generating real world value for the customers and let financial value follow.
Without a doubt Zuck sets the business culture, people that think like him and solve the problems he sees get rewarded. This has a massive trickle down component to the entire org.
- cycomanic 4y ago> Instead companies like Amazon and Apple are obsessed with generating real world value for the customers and let financial value follow. While I would argue that even Apple is mostly about execution not innovation (many of Apple innovations had been around for a while, but apple took execution to a different level), but Amazon?! What are the big Amazon innovations? The one click checkout? Having pushed selling books online (arguably failing to become profitable for a long time)? I would say amazon is of all these companies the example which shows that you don't need to innovate anything as long as you have enough finances to push massively into any market you want.
- fdgsdfogijq 4y agoHeard of AWS, Alexa, One click checkout, Amazon Prime? They literally invented cloud computing
- spudlyo 4y agoTime-sharing was the prominent model of computing in the 1970s, it's really not that different from cloud computing. Seems like a stretch to say that folks at Amazon invented it. I do take your point though, Amazon was the first to market with what we now view as "modern" cloud infrastructure.
- abbusfoflouotne 4y agoWhile amazon may not be as innovative as other FAANG companies, they do have execution down to a science. Supply chain, AWS, etc. all work WAY better than competitors in the market