Comments on: Bill and Steve — and Jeff (Bezos) http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/ Trusted Insights and Conversations on the Next Wave of Technology Fri, 27 Nov 2009 00:25:55 +0000 http://wordpress.com/ hourly 1 By: Ted Murphy http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904894 Ted Murphy Wed, 15 Oct 2008 02:19:43 +0000 http://gigaom.wordpress.com/?p=24603#comment-904894 <p>Here was my comment last June when I posted a $55 price to buy Amazon (it was $80 then):</p> <p>"I think Amazon’s management — most visibly CEO Jeff Bezos and CFO Tom Szkutak — pulled off a spectacular coup in the last several years. They spent three years investing in the infrastructure and new businesses necessary to position Amazon for accelerated global growth. They had a superb vision, they executed on a very difficult plan, and they were rewarded in 2007 with a double in cash flow, a double in cash on the balance sheet, and a double in the Amazon stock price."</p> <p>http://vcastocks.com/index.php/reports/internet-related-amazoncom-inc-amzn/</p> <p>So, yeah I'm a fan of Bezos. The stock is now down to that $55 price, and I'm buying some tomorrow morning.</p> Here was my comment last June when I posted a $55 price to buy Amazon (it was $80 then):

“I think Amazon’s management — most visibly CEO Jeff Bezos and CFO Tom Szkutak — pulled off a spectacular coup in the last several years. They spent three years investing in the infrastructure and new businesses necessary to position Amazon for accelerated global growth. They had a superb vision, they executed on a very difficult plan, and they were rewarded in 2007 with a double in cash flow, a double in cash on the balance sheet, and a double in the Amazon stock price.”

http://vcastocks.com/index.php/reports/internet-related-amazoncom-inc-amzn/

So, yeah I’m a fan of Bezos. The stock is now down to that $55 price, and I’m buying some tomorrow morning.

]]> By: dave http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904565 dave Tue, 14 Oct 2008 00:37:39 +0000 http://gigaom.wordpress.com/?p=24603#comment-904565 <p>@allan - i believe that if it's not done well, they become DEC, Wang and Polaroid...</p> @allan – i believe that if it’s not done well, they become DEC, Wang and Polaroid…

]]> By: Food for thought « thoughts on information overload http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904528 Food for thought « thoughts on information overload Mon, 13 Oct 2008 20:28:45 +0000 http://gigaom.wordpress.com/?p=24603#comment-904528 <p>[...] Om shares this great quote from Jeff Bezos: [...]</p> [...] Om shares this great quote from Jeff Bezos: [...]

]]> By: Allan http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904507 Allan Mon, 13 Oct 2008 18:34:52 +0000 http://gigaom.wordpress.com/?p=24603#comment-904507 <p>I was just recently thinking about how markets respond to companies with these charismatic and irreplaceable CEOs. Guys like Steve Jobs and Warren Buffett have created so much value for their companies and have become even the soul of their companies. When people think Berkshire Hathaway, they think Warren Buffett. When they think Apple, they think Steve Jobs. What happens when these guys have to retire or God forbid, fall ill, and are no longer able to run their companies?</p> I was just recently thinking about how markets respond to companies with these charismatic and irreplaceable CEOs. Guys like Steve Jobs and Warren Buffett have created so much value for their companies and have become even the soul of their companies. When people think Berkshire Hathaway, they think Warren Buffett. When they think Apple, they think Steve Jobs. What happens when these guys have to retire or God forbid, fall ill, and are no longer able to run their companies?

]]> By: Luis http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904504 Luis Mon, 13 Oct 2008 18:27:45 +0000 http://gigaom.wordpress.com/?p=24603#comment-904504 <p>From a strategic perspective, the willingness to fail, makes the Amazon model very difficult to imitate or compete with. By nature, most company managers are incentivized not to fail.</p> <p>Luis</p> From a strategic perspective, the willingness to fail, makes the Amazon model very difficult to imitate or compete with. By nature, most company managers are incentivized not to fail.

Luis

]]> By: Steve Huey http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904484 Steve Huey Mon, 13 Oct 2008 17:09:24 +0000 http://gigaom.wordpress.com/?p=24603#comment-904484 <p>no question - Bezos is there with them. He is in many cases very under rated. Amazon's positions on cloud computing and willingness to push beyond books (going back a ways here) is why this company should be watched with as much zeal as Microsoft and Apple. Amen on this one OM!</p> no question – Bezos is there with them. He is in many cases very under rated. Amazon’s positions on cloud computing and willingness to push beyond books (going back a ways here) is why this company should be watched with as much zeal as Microsoft and Apple. Amen on this one OM!

]]> By: Coleman Foley http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904480 Coleman Foley Mon, 13 Oct 2008 16:33:56 +0000 http://gigaom.wordpress.com/?p=24603#comment-904480 <p>amazon is innovative. throw in recommendations, user reviews, and subscribe & save, where you can have deodorant or detergent or something delivered once a month.</p> amazon is innovative. throw in recommendations, user reviews, and subscribe & save, where you can have deodorant or detergent or something delivered once a month.

]]> By: dave http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904447 dave Mon, 13 Oct 2008 12:32:07 +0000 http://gigaom.wordpress.com/?p=24603#comment-904447 <p>no doubt bezos will have a strong legacy, but he does NOT have the technical chops of a gates or jobs - those guys can get into code and products on a different level...</p> no doubt bezos will have a strong legacy, but he does NOT have the technical chops of a gates or jobs – those guys can get into code and products on a different level…

]]> By: In eigener Sache: Countdown neuer PLUS-Bereich : FWnetz - Feuerwehr im Netz http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904444 In eigener Sache: Countdown neuer PLUS-Bereich : FWnetz - Feuerwehr im Netz Mon, 13 Oct 2008 12:20:35 +0000 http://gigaom.wordpress.com/?p=24603#comment-904444 <p>[...] möchte mich nicht anmaßen, und mich mit Bill Gates, Steve Jobs oder Jeff Bezos vergleichen. Aus diesem Post möchte ich lediglich folgende Aussage zitieren: “Our willingness to be misunderstood, our [...]</p> [...] möchte mich nicht anmaßen, und mich mit Bill Gates, Steve Jobs oder Jeff Bezos vergleichen. Aus diesem Post möchte ich lediglich folgende Aussage zitieren: “Our willingness to be misunderstood, our [...]

]]> By: Una de Jeff… » El Blog de Enrique Dans http://gigaom.com/2008/10/12/bill-steve-jeff-bezos/#comment-904441 Una de Jeff… » El Blog de Enrique Dans Mon, 13 Oct 2008 11:56:48 +0000 http://gigaom.wordpress.com/?p=24603#comment-904441 <p>[...] cierto) del New York Times, “Amid the gloom, an e-commerce war“, me encuentro, de nuevo gracias a Om, la siguiente frase de Jeff: “Our willingness to be misunderstood, our long-term orientation [...]</p> [...] cierto) del New York Times, “Amid the gloom, an e-commerce war“, me encuentro, de nuevo gracias a Om, la siguiente frase de Jeff: “Our willingness to be misunderstood, our long-term orientation [...]

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