Jeff Bezos
Jeff Bezos
Jeffrey Preston "Jeff" Bezosis an American technology entrepreneur and investor. He has played a role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products and services, most recently video streaming. Amazon.com became the largest retailer on the World Wide Web and a model for Internet sales...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth12 January 1964
CityAlbuquerque, NM
CountryUnited States of America
You know, we love stories and we love narrative; we love to get lost in an author's world.
You don't want to negotiate the price of simple things you buy every day.
One of the things it was obvious you could do with an online store is have a much more complete selection.
Mediocre theoretical physicists make no progress. They spend all their time understanding other people's progress.
It is very difficult to get people to focus on the most important things when you're in boom times.
Infrastructure web services had to happen.
I'm skeptical that the novel will be 're-invented.'
I'm skeptical of any mission that has advertisers at its centerpiece.
I'm a big fan of all-you-can-eat plans, because they're simpler for customers.
I went to Princeton specifically to study physics.
I think there are going to be a bunch of tablet-like devices. It's really a different product category.
On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.
People forget already how much utility they get out of the Internet - how much utility they get out of e-mail, how much utility they get out of even simple things like brochureware online.
If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people, But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Just by lengthening the time horizon, you can engage in endeavours that you could never otherwise pursue. At Amazon we like things to work in five to seven years. We’re willing to plant seeds, let them grow—and we’re very stubborn. We say we’re stubborn on vision and flexible on details.