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:

BILLION DOLLAR DIVORCE: Amazon CEO Jeff Bezos announced that he and his wife of 25 years are divorcing, which could make her the world's wealthiest woman https://t.co/r0AkXg54rC pic.twitter.com/2bb3qHXGnB

— CBS News (@CBSNews) January 11, 2019

Jeff Bezos’ racy texts to Lauren Sanchez have been revealed 👀#ComplexNews pic.twitter.com/HnKKcWhk2K

— Complex (@Complex) January 11, 2019

Trump wishes Jeff Bezos good luck on his divorce https://t.co/rwljijQSNH pic.twitter.com/Y0NdhkjNyj

— The Hill (@thehill) January 11, 2019

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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Ben Horowitz on the Lessons He Learned From Intel's Andy Grove (video)

Ben Horowitz on the Lessons He Learned From Intel's Andy Grove:

Ben Horowitz, Andreessen Horowitz (a16z.com) co-founder, discusses the death of former Intel  (intel.com) CEO Andy Grove with Bloomberg's Emily Chang on "Bloomberg Markets." (Bloomberg LP, the parent company of Bloomberg Television, is an investor in Andreessen Horowitz. Published March 22, 2016).

When Steve Jobs and Larry Ellison told Andy Grove he was the only person in Silicon Valley who they would willingly work for, he told them he wouldn’t have hired either because they were “a couple of flakes.” He was at least half serious and didn’t crack a smile. “It didn’t matter,” said Ellison, the founder of Oracle Corp. “Both Steve and I admired and respected Andy. We enjoyed all of our precious time with him, including the memorable and characteristic abuse.”--source: Bloomberg

Books written by Andrew (Andy) Grove:
A. S. Grove (1967). Physics and Technology of Semiconductor Devices. Wiley. ISBN 0-471-32998-3.
A. S. Grove (1988). One on One With Andy Grove. Penguin Putnam. ISBN 0-14-010935-8.
A. S. Grove (1995). High Output Management. Random House. ISBN 0-679-76288-4. (originally published in 1983)
A. S. Grove (1996). Only the Paranoid Survive. Doubleday. ISBN 0-385-48258-2.
A. S. Grove (2001). Swimming Across: A Memoir. ISBN 0-446-67970-4.
Robert Burgelman and A. S. Grove (2001). Strategy Is Destiny: How Strategy-Making Shapes a Company's Future. ISBN 0-684-85554-2.
Robert A. Burgelman, Andrew S. Grove and Philip E. Meza (2005). Strategic Dynamics: Concepts and Cases. McGraw-Hill/Irwin. ISBN 0-07-312265-3.

Andy Grove quotes:

Success breeds complacency. Complacency breeds failure. Only the paranoid survive.

A fundamental rule in technology says that whatever can be done will be done.

Technology will always win. You can delay technology by legal interference, but technology will flow around legal barriers.

Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.

Your career is your business, and you are its CEO.

You need to try to do the impossible, to anticipate the unexpected. And when the unexpected happens, you should double the efforts to make order from the disorder it creates in your life. The motto I'm advocating is — Let chaos reign, then rein chaos. Does that mean that you shouldn't plan? Not at all. You need to plan the way a fire department plans. It cannot anticipate fires, so it has to shape a flexible organization that is capable of responding to unpredictable events.

You have no choice but to operate in a world shaped by globalization and the information revolution. There are two options: adapt or die.

I think it is very important for you to do two things: act on your temporary conviction as if it was a real conviction; and when you realize that you are wrong, correct course very quickly

And try not to get too depressed in the part of the journey, because there’s a professional responsibility. If you are depressed, you can’t motivate your staff to extraordinary measures. So you have to keep your own spirits up even though you well understand that you don’t know what you’re doing.


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