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
cares company decision hate investment opportunity pure
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,
appears becoming believe companies discerning era impact individual internet investing investors positive result sector
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,
expect invest rest
We did a lot this quarter. For the rest of 1999 we expect to invest more heavily than we have in the past.
build company critical customer ensure expect invest possible relationships relative small strongest
Amazon.com is still a small and young company relative to many offline retailers, and we must ensure that we build the strongest customer relationships possible during this critical period, ... In 1999, we expect to invest even more aggressively than we have in the past.
aggressive book continued customer execution expansion experience german improve investment local music opening quarter require store
We continued to improve our customer experience during the quarter with the opening of our music store, our easier-to-navigate store layout, and our expansion into the local U.K. and German book markets. These initiatives will continue to require aggressive investment and entail significant execution challenges.
along investors oriented types vary
There are many types of investors, ... There are as many different types of investors as there are investments. Many of these investors are very long-term oriented, many are very short-term oriented and they vary along other dimensions, too.
clear company focused good investors job strategy whether
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,
continue expect helps invest people product rest serve
We will continue to invest in systems, people and product expansion, each of which helps us better serve customers, ... For the rest of 1999, we expect to invest more heavily than we have in the past.
loses originals investors
I told all of our original investors that they would lose their money for sure.
behind standing
We're standing behind the transaction with our own pocketbook,
copyright decisions pages publishers ultimately
Ultimately publishers and copyright holders will get to make those decisions about how much those pages cost,
copyright individual pricing ultimately
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.
authors believe business customer helpful publishers revenue service stream time turn
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,
categories customers experience goal helpful high information level provide service shopping toys
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.