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
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.
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.
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,
What I can tell you is in the first few weeks of this quarter...we are continuing to see good books unit growth,
We see this as a win-win-win situation: good for readers, good for publishers and good for authors.
If you think about the long term then you can really make good life decisions that you won’t regret later.
We're standing behind the transaction with our own pocketbook,
Ultimately publishers and copyright holders will get to make those decisions about how much those pages cost,
Ultimately for each individual book, pricing will be up to the copyright holders, ... The copyright holders are the ones who get to make these decisions.
We believe that over time this could turn into a significant business for Amazon, significant revenue stream for publishers and authors and a helpful customer service for readers,
With this launch, our goal is to give customers the Amazon.com experience -- everything from one-click shopping and helpful information to the high level of customer service we traditionally provide -- in the two important categories of toys and electronics.
To our customers around the world--thank you. We are grateful to our customers for shopping with us this holiday season and we wish everyone a happy new year.
We were hoping to build a small, profitable company. And of course, what we've done is build a large, unprofitable company.
Our role is to help people discover music,