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
We're standing behind the transaction with our own pocketbook,
We were hoping to build a small, profitable company. And of course, what we've done is build a large, unprofitable company.
E-mail has some magical ability to turn off the politeness gene in a human being.
Internet company stocks in general are very volatile, and Amazon is definitely included in that,
In September, 6 of the 10 top-selling items on Amazon.com were from our electronics store.
It's part of the territory with Internet stocks, that kind of volatility. It can be up 30 percent one month, it can be down 30 percent in a month, and a minute spent thinking about the short-term stock price is a minute wasted.
Improvements in the year 2000 will not only be visible in terms of new products and services but should also likely be visible financially as well.
These price cuts ... do pressure our margins, but at the same time what they do is drive a lot of volume which helps us because we have a high fixed-cost structure,
I've always been at the intersection of computers and whatever they can revolutionize.
In January, we shifted money from TV and print advertising to customers through lower prices and free shipping, ... We're pleased with the results.
This is a long-term contractual alliance, ... This is quite different from a merger. We don't know anything about running physical stores, our strategies are different and we are focused on a broad array of products, not just one.
We are thrilled to have Joe at Amazon.
We feel strongly that copyright holders should get to make these decisions.
We are very grateful to our customers for choosing Amazon.com as their online music store so quickly. We work hard to earn the confidence of our customers.