“Eric Benson took about two weeks to construct a preliminary version that grouped together customers who had similar purchasing histories and then… — Brad Stone Amazon Copy Share Image
“In a world where consumers had limited choice, you needed to compete for locations,” says Ross, who went on to cofound eCommera,… — Brad Stone Business Copy Share Image
I think it's a competitive advantage that both Amazon and Google and other tech companies have over a lot of their counterparts.… — Brad Stone Amazon Copy Share Image
“Wilke subscribed to the principles laid out in a seminal book about constraints in manufacturing, Eliyahu M. Goldratt’s The Goal, published in… — Brad Stone Books Copy Share Image
There are lots of retailers that are now scrambling to emulate the Amazon model, so Amazon does not have a monopoly on… — Brad Stone Amazon Copy Share Image
The one thing that Airbnb had was, Brian and Joe were designers, and they did a great job. They also had Nate… — Brad Stone Designers Copy Share Image
“from his company. After the stock market crash in 2000, Amazon went through two rounds of layoffs. But Bezos didn’t want to… — Brad Stone Amazon Copy Share Image
“Bezos is a fan of e-mail newsletters such as VSL.com, a daily assortment of cultural tidbits from the Web, and Cool Tools,… — Brad Stone Amazon Copy Share Image
“Naturally, some of the reviews were negative. In speeches, Bezos later recalled getting an angry letter from an executive at a book… — Brad Stone Amazon Copy Share Image
“The book clearly resonated with Amazon’s founder. On the last page, a section completed a few weeks before his death, Walton wrote:… — Brad Stone Amazon Copy Share Image
“Apple’s founder reportedly fired employees in the elevator and screamed at underperforming executives. Perhaps there is something endemic in the fast-paced technology… — Brad Stone Executives Copy Share Image
“Just like Creation author Steve Grand had predicted, the creatures were evolving in ways that Bezos could not have imagined. It was… — Brad Stone Copy Share Image
“Gradatim Ferociter, which translates to “Step by Step, Ferociously.” — Brad Stone Step By Step Copy Share Image
“Autonomous working units are good. Things to manage working units are bad.” — Brad Stone Autonomous Copy Share Image
“Missionaries have righteous goals and are trying to make the world a better place. Mercenaries are out for money and power and… — Brad Stone Better place Copy Share Image
“We don't make money when we sell things. We make money when we help customers make purchase decisions.” — Brad Stone Money Copy Share Image
“have realized about myself that I’m very motivated by people counting on me,” he answered. “I like to be counted on.”14” — Brad Stone Counted Copy Share Image
Airbnb's genius was moving into cities and recognizing that millennials would want to go and maybe spend a vacation or visit some… — Brad Stone Friends Copy Share Image
I think Facebook has a lot of work to do to make sure people are seeing meaningful things and not garbage. — Brad Stone Facebook Copy Share Image
“Andy Grove, the longtime CEO of Intel, was known to be so harsh and intimidating that a subordinate once fainted during a… — Brad Stone Intimidating Copy Share Image
“resonance. “We had a key decision to make,” he says. “Was distribution a commodity or was it a core competency?” — Brad Stone Choice Copy Share Image
“Two other technology icons, Steve Jobs and Larry Ellison, were adopted, and the experience is thought by some to have given each… — Brad Stone Motivation Copy Share Image
A lot of the drawbacks, a lot of the difficulties that Uber has had, have been completely predictable, and they handled them… — Brad Stone Admit Copy Share Image
“Miller knew nothing about toy retailing, but in a pattern that would recur over and over, Bezos didn’t care. He was looking… — Brad Stone Big things Copy Share Image
Donald Trump won, or he got the majority of the electoral votes, a large majority. I think it would be patronizing to… — Brad Stone Donald trump Copy Share Image
“All new hires had to directly improve the outcome of the company. He wanted doers—engineers, developers, perhaps merchandise buyers, but not managers.… — Brad Stone Business Copy Share Image
“Despite his famously hearty laugh and cheerful public persona, he is capable of the same kind of acerbic outbursts as Apple’s late… — Brad Stone Steve Job Copy Share Image
“As part of his ongoing quest for a better allocation of his own time, he decreed that he would no longer have… — Brad Stone Adventure Copy Share Image
The emergence of Uber X was really the most important pivot maybe in the history of Silicon Valley. It's a vast majority… — Brad Stone Battles Copy Share Image
“The Kindle wasn’t an overnight success, of course, but an avalanche of publicity and its prominent placement at the top of the… — Brad Stone Amazon Copy Share Image
“Bezos dismissed those objections and insisted that to succeed in books as Apple had in music, Amazon needed to control the entire… — Brad Stone Amazon Copy Share Image
“He had the marketing department organize tests, running commercials in only the Minneapolis and Portland media markets and measuring whether they generated… — Brad Stone Investing Copy Share Image
“Drawing on Collins’s concept of a flywheel, or self-reinforcing loop, Bezos and his lieutenants sketched their own virtuous cycle, which they believed… — Brad Stone Amazon Copy Share Image
“In early 2002, as part of a new personal ritual, he took time after the holidays to think and read. (In this… — Brad Stone Amazon Copy Share Image
“We believe that a fundamental measure of our success will be the shareholder value we create over the long term. This value… — Brad Stone Investing Copy Share Image
“That summer, Harrison Miller and Bezos butted heads in front of the board of directors over the size of the bet on… — Brad Stone Amazon Copy Share Image
“There were several immediate reasons for the stock market’s reversal. The excesses of the dot-com boom had begun to wear on investors.… — Brad Stone Business model Copy Share Image