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I guess Bezos is really serious when he tells shareholders his company is willing to not maximize profit in the short term for long term investments.
by tomkit 14y ago
I guess Bezos is really serious when he tells shareholders his company is willing to not maximize profit in the short term for long term investments.
- simonh 14y agoAnd he was telling them the same thing 5 years ego. And 5 years before that. And 5 years before that as well. I wonder what he'll be telling them in 5 years time, or in 10 for that matter.
- MSM 14y agoHe'll probably say something along the line of "In '97 Amazon had market cap of $291M, in '02 it was 3.5B, in '07 it was $20B and today it's $100B. I don't know... seems to be working."