2019-01-14

Attention Amazon $AMZN Investors, Day 2 May Have Just Arrived

What's Day One at Amazon? What's Day Two?

Amazon.com, Inc., (NASDAQ: AMZN) (domain: amazon.com) video above published Apr 19, 2017: "At a recent Amazon all hands meeting, Jeff was asked 'Jeff, what does Day 2 look like?'"
'Jeff, what does Day 2 look like?' That’s a question I just got at our most recent all-hands meeting. I’ve been reminding people that it’s Day 1 for a couple of decades. I work in an Amazon building named Day 1, and when I moved buildings, I took the name with me. I spend time thinking about this topic. 'Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1.' To be sure, this kind of decline would happen in extreme slow motion. An established company might harvest Day 2 for decades, but the final result would still come. I’m interested in the question, how do you fend off Day 2? What are the techniques and tactics? How do you keep the vitality of Day 1, even inside a large organization?"--Jeff Bezos' 2016 Letter to Amazon Shareholders
Don't look now Jeff, but Day 2 may have just arrived, at your invitation:
Bezos owns approximately 16 percent of Amazon’s market cap of over $800 billion. Prominent short-seller Doug Kass, who runs hedge fund Seabreeze Partners, said he sold his stake in Amazon on news of the Bezos divorce, after initially buying a stake in late December and naming Amazon among his “best ideas list.”

Jeff, You May Be Needing This Soon:

Kohler unveiled a $7000 “intelligent toilet” called the Numi 2.0 at the Consumer Electronic Show in Las Vegas last week. It comes with built-in surround sound speakers, ambient mood lighting and Amazon Alexa, Amazon's AI voice assistant. You can talk to and ask Alexa questions while you're "doing your business." You can even ask Alexa to raise the lid as you walk into the bathroom, warm up the seat on a chilly day, change the glowing lights on the bottom of the seat, play music, and lastly, even ask Alexa to flush the toilet when you're finished.

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