How are capital-intensive corporations new? What you are describing sounds to me like a hedge firm, a film production company or a baseball team. Admittedly, not great news for those of us who can't hit a curve ball.
Great comparison’s Fred. Especially intersting to think about relative to Bezos’s start in the hedge funds with D.E. Shaw.
I see the current strategy as a clear byproduct of their DNA and as a response to Wall Street’s demanding requirements. Ultimately, they are clearly efficiency and financially driven.
Thanks! I think the domino effect will be swift. Once a few major players prove the model and the ROI becomes undeniable, the competitive pressure will force everyone to follow. The tools are now accessible enough that it's no longer a question of if, but how fast they can make the shift.
How are capital-intensive corporations new? What you are describing sounds to me like a hedge firm, a film production company or a baseball team. Admittedly, not great news for those of us who can't hit a curve ball.
Great comparison’s Fred. Especially intersting to think about relative to Bezos’s start in the hedge funds with D.E. Shaw.
I see the current strategy as a clear byproduct of their DNA and as a response to Wall Street’s demanding requirements. Ultimately, they are clearly efficiency and financially driven.
Amazing Amazon (and of course Bezos and Jassy) are laser tuned into successful operating and growth models.
Appreciate that, Dennis, Amazon’s consistency in execution is still unmatched.
Amazon is writing the new corporate playbook: you can now achieve massive growth without a growing workforce by swapping labor for technology.
Great insight, Hodman, how fast do you think other companies will follow that model.
Thanks! I think the domino effect will be swift. Once a few major players prove the model and the ROI becomes undeniable, the competitive pressure will force everyone to follow. The tools are now accessible enough that it's no longer a question of if, but how fast they can make the shift.
Couldn’t agree more. Appreciate your perspective as always. Thanks!