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
One of the things that is most important for a company is to be very clear about their strategy, so investors get to self-select as to whether or not that's the right strategy for them. I think we've done a very good job about being clear that we're a long-term focused company,
We see this as a win-win-win situation: good for readers, good for publishers and good for authors.
While we aspire to have much of the skills Toysrus.com has, it would be foolish of us to say we have it now, ... We're very good in books, but as we enter into new categories there is a learning curve, which gets expensive.
What I can tell you is in the first few weeks of this quarter...we are continuing to see good books unit growth,
I think there's no question that there is going to be an accelerating consolidation and that's very, very healthy for this industry, ... In the past, if you look at what ideas have gotten funded, basically all ideas gave gotten funded -- good ideas and bad ideas in the previous climate.
If you think about the long term then you can really make good life decisions that you won’t regret later.
We try to be a pure investment and a long-term decision making company. No company cares more about profitability than Amazon.com. But I also want to make the most of our opportunity and we would hate to be short-sighted about that,
I very much believe the Internet is indeed all it is cracked up to be.
perhaps the most expensive thing we've done since free Super Saver shipping.
Our alliance with Toysrus.com has proven to be a great win for customers, and we've looked forward to taking the next step by introducing the new Babiesrus.com teamed with Amazon.com store since we forged the alliance last August,
I've always been at the intersection of computers and whatever they can revolutionize.
Thanks to free shipping and low prices, we expect more customers to turn to us for their holiday gifting needs this year -- producing our biggest holiday shopping season ever,
As the era of Internet sector investing comes to a close, it appears that investors are becoming more discerning about companies on an individual level, something we believe will result in a positive impact on the competitive landscape,
Competition will accelerate in 1999. We still believe it is impossible to keep the pronounced bookselling market share lead over the long term.