End of an era. I wonder what he'll do next.
Buy all the bitcoin supply.
They could do one better and cheaper - start their own coin, make Amazon accept that (and no other coins) and it'd probable dwarf bitcoin in market cap.
Email from Jeff Bezos to employees
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Re: Email from Jeff Bezos to employees
#52It was public knowledge that Bezos stopped running Amazon day-to-day a while ago. It was headed by the two execs under him (Andy Jassy for AWS and Jeff Wilke for retail). Jassy even had the CEO (of AWS) title. With Wilke announcing his retirement a few months ago, Jassy was the clear frontrunner to take over from Bezos. In hindsight I guess Wilke retired because Jassy was picked over him. The timing of the announcement is unexpected, but nothing else.
Re: Email from Jeff Bezos to employees
#53Earlier quoted context omitted.
Maybe he’ll take a cue from Bill Gates and get involved in philanthropy. Alternatively he might get more involved in Blue Origin?
I think he's probably bored at this point. Whats there really left to do at Amazon? AWS and the website are eating the world. He's 57. Why not at this point go play with his rockets and spend time inside that WaPo newsroom that he loves.
He's one of the richest men in the world... and single.
We're about to witness one of the most glorious midlife crises in history.
Re: Email from Jeff Bezos to employees
#54I wonder if he doesn't want to be the one to deal with what looks like increased regulatory pressure…
Perhaps following Larry and Sergey's Alphabet playbook - gracefully fade into the background so your legacy can be untarnished!
Re: Email from Jeff Bezos to employees
#55He probably had enough, after all the nastiness coming from DC. For instance, being paraded in front of Congress committees so each member can get a little sound bite shitting on him. Truly, we didn't deserve Bezos. Maybe he's realized that.
Don't know why you're being downvoted, those interviews were vile. They were just probing for self-incriminating answers and when they didn't moved on.
Re: Email from Jeff Bezos to employees
#561.3 million employees, wow!
Would be interesting to know how they are split by geography and function
Re: Email from Jeff Bezos to employees
#57I wonder if he doesn't want to be the one to deal with what looks like increased regulatory pressure…
Either doesn't want to or recognizes that anyone not him, i.e. not as polarizing, would be more effective.
Re: Email from Jeff Bezos to employees
#58I worked for AWS for a few years under Andy. He's a good pick for CEO of that company.
without Andy (and AWS), I'd posit that Jeff would just be another regular old billionaire who'd own a sports team, but otherwise folks would not know much about.
I'm pretty sure you're wrong.
Most people have no idea what AWS is, but know what Amazon the consumer business is.
AWS is only well known among tech circles.
Re: Email from Jeff Bezos to employees
#59Wow. I still remember when Amazon started as an online bookstore selling books and people kind of laughed at the idea, and the time Amazon kept losing money and refused to post an earning and people got mad. Amazing long game.
I was a (young) kid when I overheard a news report making fun of an internet bookstore calling itself Amazon.
It's amazing what he's been able to do. Good for him.
Re: Email from Jeff Bezos to employees
#60I worked for AWS for a few years under Andy. He's a good pick for CEO of that company.
I see the future of Amazon as ~ 100% AWS. Do you think this will change that outcome?