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> So one day Jeff Bezos issued a mandate. He's doing that all the time, of course, and people scramble like ants being pounded with a rubber mallet whenever it
by wallflower 14y ago
> So one day Jeff Bezos issued a mandate. He's doing that all the time, of course, and people scramble like ants being pounded with a rubber mallet whenever it happens. But on one occasion -- back around 2002 I think, plus or minus a year -- he issued a mandate that was so out there, so huge and eye-bulgingly ponderous, that it made all of his other mandates look like unsolicited peer bonuses...
https://plus.google.com/112678702228711889851/posts/eVeouesvaVX https://plus.google.com/112678702228711889851/posts/eVeouesv...
- NewAccnt 14y agoSince the writing of this post, AMZN has gone up ~150%.
- lostlogin 14y agoThe relationship between share price and Amazon financial results has always been a mystery to me. As are Apples.
- cmdkeen 14y agoAmazon's is based on an assumption that one day it will start to take profits, and big ones at that. Expanding into a service sector where it could have large profit margins (selling eBooks is another area) is integral to that.