Time Quote by Brad Stone

“Each group was required to propose its own “fitness function”—a linear equation that it could use to measure its own impact without ambiguity. For…

— Brad Stone

“Bezos didn’t believe anyone could make a good decision about a feature or a product without knowing precisely how it would be communicated to…

— Brad Stone

“from his company. After the stock market crash in 2000, Amazon went through two rounds of layoffs. But Bezos didn’t want to stop recruiting…

— Brad Stone

“Bezos insisted the company needed to master anything that touched the hallowed customer experience, and he resisted any efforts to project profitability.”

— Brad Stone

“I think you have to be a mathematician to appreciate how full of shit economists are, how astrological their equations are.”

— Cory Doctorow

“Want to see a great company story? Read Jeff Bezos’s three-page letter he wrote to shareholders in 1997. In telling Amazon’s story in this extended…

— Ben Horowitz

“Bezos believed that high margins justified rivals’ investments in research and development and attracted more competition, while low margins attracted customers and were more…

— Brad Stone

“He says Bezos takes a red pen to press releases, product descriptions, speeches, and shareholder letters, crossing out anything that does not speak simply…

— Brad Stone

“Sinegal explained the Costco model to Bezos: it was all about customer loyalty.”

— Brad Stone

“If we can keep our competitors focused on us while we stay focused on the customer, ultimately we’ll turn out all right.” —Jeff Bezos”

— Jean-Paul Isson

“Instead, in what he later described as his greatest blunder, he changed his equations by adding an extra term that allowed our Universe to…

— Max Tegmark

Economists (and others) who are satisfied with nature-free equations develop a dangerous hubris about the potency of our species

— Garrett Hardin