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Email from Jeff Bezos to employees

aboutamazon.com

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Re: Email from Jeff Bezos to employees

#101

Post by savanaly »

kaszanka wrote: post #74
Jonnax wrote: post #13

" Amazon is also announcing today that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer at that time. “Amazon is what it is because of invention. We do crazy things together and then make them normal. We pioneered customer reviews, 1-Click, personalized recommendations, Prime’s insanely-fast shipping, Just Walk Out shopping, the…

Amazon did not invent customer reviews.

Pretty sure that was meant to mean "customer reviews" the amazon product. See also in the list: "marketplace" which I don't think they expect anyone to believe they invented either.

Re: Email from Jeff Bezos to employees

#102

Post by xpe »

jl2718 wrote: post #35

The CEO role comes with a lot of mundane responsibility (and potential liability) that I’m surprised he held onto for so long. I would expect a guy like Jeff to want to get on another rocket ship (unsure if literal or figurative).

Why do you think it is mundane?

Re: Email from Jeff Bezos to employees

#103

Post by dimator »

edanm wrote: post #58
jgalt212 wrote: post #32

Earlier quoted context omitted.

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.

I think gp means that bezos would not be a mega billionaire without aws. He would be like any other nameless CEO in the public's knowledge.

Re: Email from Jeff Bezos to employees

#104

Post by bryanrasmussen »

edanm wrote: post #58
jgalt212 wrote: post #32

Earlier quoted context omitted.

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.

without AWS would Amazon have been able to dominate?

Re: Email from Jeff Bezos to employees

#106

Post by munificent »

ksec wrote: post #66

From https://www.aboutamazon.com/news/company-news/email-from-jef... >Fellow Amazonians: >I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have. He will be a…

For comparison, using national total wealth, that makes Amazon worth more than Saudia Arabia, Denmark, Portugal, or New Zealand.

It's $280.5 billion in revenue in 2019 put it above the GDP of Romania, Peru, Ukraine, etc.

Corporations should never be allowed to get this large.

Re: Email from Jeff Bezos to employees

#107

Post by [deleted] »

ww520 wrote: post #22

Wow. 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.

[deleted]

Re: Email from Jeff Bezos to employees

#108

Post by paulpan »

0zymandias wrote: post #86

The takeover of tech by MBAs continues. It has now happened at the top 4 largest tech companies in the US. We will have Apple (Tim Cook), Amazon (Andy Jassy), Alphabet (Sundar Pichai), Microsoft (Satya Nadella & Steve Ballmer) all taking over from non-MBA founders. Facebook is next in size and has Sheryl Sandberg as COO but don't know if Mark Zuckerberg would ever hand over the reins. Why don't non-MBAs manage to get…

Errr...both Sundar and Satya were software engineers first?

Re: Email from Jeff Bezos to employees

#109

Post by anonAndOn »

mc32 wrote: post #7
enraged_camel wrote: post #3

End of an era. I wonder what he'll do next.

Maybe he’ll take a cue from Bill Gates and get involved in philanthropy. Alternatively he might get more involved in Blue Origin?

Maybe there's a little PR FOMO? The former Mrs. Bezos is making a name for herself as a very generous philanthropist [0].

[0]https://www.nytimes.com/2020/12/20/business/mackenzie-scott-...

Re: Email from Jeff Bezos to employees

#110

Post by s3r3nity »

ksec wrote: post #66

From https://www.aboutamazon.com/news/company-news/email-from-jef... >Fellow Amazonians: >I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have. He will be a…

Yeah - the man is 57, and at this point does NOT have to work anymore...probably for the rest of his life.

Looks like he still intends to run his philanthropies, Blue Origin, and the Post, but after the type of run he has had, he's probably taking some more free time while he's healthy.

I try not to fall into the "cult of personality" trap, but Amazon is where it is _because_ of Bezos, and it'll be fascinating to watch how the transition plays out with the Jassy era.

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