Where it began

These days Amazon touches nearly everyone, everywhere. And that’s just how Jeff Bezos planned it all those years ago. He laid those plans out early and talked about them often. What’s more, he wrote about them. Extensively.

Where it began
Capital Thinking | Where it began

Capital Thinking • Issue #122 • View online

Jeff Bezos:

“I care very much about our share owners, and so I care very much about our long term share price.

I do not follow the stock on a daily basis, and I don’t think there’s any information in it.

Benjamin Graham said, “In the short term, the stock market is a voting machine. In the long term, it’s a weighing machine.”

And we try to build a company that wants to be weighed and not voted upon.”


Jeff Bezos’ first desk at Amazon was a door with four-by-fours for legs—here’s why it still is today
Amazon founder and CEO Jeff Bezos built his first desk at the company himself out of a wooden door and two by four pieces of wood.

These days Amazon touches nearly everyone, everywhere. And that’s just how Jeff Bezos planned it all those years ago.

He laid those plans out early and talked about them often. What’s more, he wrote about them. Extensively.

Jean-Louis Gassee, a man who’s spent more than a little time around the Valley, gives us a little insight into those letters here.

Bezos: A CEO Who Can Write
by Jean-Louis Gassée

And despite all the problems on Prime Day ...

Amazon’s website crashed as soon as Prime Day began
Not great news for Prime Day

Amazon still broke records

This year’s Prime Day struggles show that not even Amazon can keep up with the monster it created
Amazon relies on Prime membership to grow sales, but sometimes not even its own infrastructure can keep up with the 100 million-plus-member monster it has created.
Despite glitches, Amazon Prime Day 2018 manages another record
Customers ordered more than 100 million products in 36 hours.

And just in case you still don't get it - take a look:

This Giant Infographic Has 140+ Facts on the Scale of Amazon
How many units does Amazon ship per second, and how much more do Prime members buy per year? See many, many facts on Amazon in this giant infographic.

Tren Griffin follows up with:

A Dozen Things I have Learned from Jeff Bezos
1. “Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowe…
File:Net worth of Jeff Bezos from 1999 to 2018.png - Wikimedia Commons