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Are you suggesting that Bezos believes growing competitors will voluntarily stop growing because he recommends they do so? I don’t buy it.
by voisin 4y ago
Are you suggesting that Bezos believes growing competitors will voluntarily stop growing because he recommends they do so? I don’t buy it.
- kaashif 4y agoI think what they're saying is if you tell people there's an economic downturn, and they believe you, that creates the downturn. Employees will be reluctant to switch away from a stable big company job for fear of layoffs at startups. Investors will play it safe and avoid risky bets of the kind that could disrupt Amazon's businesses. And so on. Jeff may as well be saying "our competitors are uninvestable" but that would be too obvious and be discounted.
- sebazzz 4y agoBy the same account Bezos wouldn't say anything if an economic crisis is coming so their competitors wouldn't stop spending money and have less liquidity.