“But Bezos’s decision to step down also reflects an uncomfortable reality for one of the wealthiest people in the world: The walls of his highly compartmentalized empire have been crumbling for some time.” https://t.co/ZPdcJd0QPl
— Mar Hicks (@histoftech) February 3, 2021
It’s hard to think of another CEO who has founded and grown a company the way Jeff Bezos has over the last 26 years. It’s almost unprecedented levels of success under one CEO.
— Christina Warren ? (@film_girl) February 2, 2021
I have some questions for Mr. Jassy. https://t.co/DLpTd2AEio
— Congressman Ken Buck (@RepKenBuck) February 2, 2021
terrific product-perspective summary of what makes Bezos special: https://t.co/0VL3Ey1sFb
— Marty Cagan (@cagan) February 3, 2021
Jeff Bezos is leaving the building. New blog post exploring similarities with @billgates leaving @microsoft + some thoughts on @ajassy and why time is now. https://t.co/knJ0AuQj9Z pic.twitter.com/rRJF95qwFc
— OM (@om) February 2, 2021
The incoming Amazon CEO Andy Jassy on facial recognition and potential police abuse: "Let's see if they somehow abuse the technology. To assume they're going to do it and therefore you shouldn't allow them to have access ... doesn't feel like the right balance to me" pic.twitter.com/uEwykyRVh7
— alfred ? (@alfredwkng) February 2, 2021
2/ Jeff Bezos created the blueprint for internet businesses: rapid innovation, huge scale & relentless focus on the customer. Few people on the planet have the DNA & experience managing such high growth / high innovation businesses at scale as Andy Jassy.
— Nicholas McQuire (@nickmcquire) February 3, 2021
Jeff Bezos " is arguably the greatest CEO in tech history,” @benthompson writes, "in large part because he created three massive businesses, all of which generate enormous consumer surplus and enjoy impregnable moats” >> https://t.co/LmZa9zLAbc
— Dylan Byers (@DylanByers) February 3, 2021
Jeff Bezos steps down at Amazon after 25 years of leading the company through perhaps the most fertile period of any American business ever https://t.co/bvD47omXKe pic.twitter.com/d9ddUp37YB
— Bloomberg (@business) February 3, 2021
The Relentless Jeff Bezos
— Stratechery (@stratechery) February 3, 2021
Jeff Bezos is retiring, and will go down as one of the great CEO's in tech history, in part because of how he transformed Amazon into a tech company in every respect.https://t.co/6hVnKXptx0
3/ He also fully understands the wealth of assets across Amazon’s flywheel of operations. The cloud business should emerge higher up the pecking order now as a result & will benefit from Mr Jassy driving the corporate organisation.
— Nicholas McQuire (@nickmcquire) February 3, 2021
8/ The key question will be: how Mr Jassy manages some of the inevitable bumps in the road - antitrust, workers rights and employee activism which will require his public voice more so than Mr Bezos alongside high expectations for growth?
— Nicholas McQuire (@nickmcquire) February 3, 2021
9/ The move affords Mr Bezos more time to focus on his media, climate & space endeavours but I suspect he will still be involved in major corporate initiatives. Amazon is so big now, no matter what his higher calling involves, it will still have @ least indirect impact on Amazon
— Nicholas McQuire (@nickmcquire) February 3, 2021
10/ Along with his successor at AWS (which will be another key move to watch), above all, Mr Jassy will need to maintain trust in the Amazon brand given these issues. This moment will mark a major turning point in how Amazon operates in future IMO. Will be fascinating to watch!//
— Nicholas McQuire (@nickmcquire) February 3, 2021
Outside of China, is there any company ever that had close to $400 billion in revenue and grew at nearly 40% in a year? https://t.co/NaMN5wLgGY
— Shira Ovide (@ShiraOvide) February 3, 2021
“While the Internet is unquestionably a critical component of what makes Amazon Amazon, what makes the company so valuable and seemingly impregnable is the way it has integrated backwards into the world of atoms.” https://t.co/2aHyYsPzUC
— Ahmed Al Omran (@ahmed) February 3, 2021
Jeff Bezos will no longer be Amazon's CEO. But he'll become executive chair, which means the new CEO will have a boss Bezos never had.
— Dan Primack (@danprimack) February 2, 2021
So, for all intents and purposes, Bezos is still in charge.
Amazon brought in 4x as much money in three months as Starbucks did in a year (pre Covid)
— Daniel Gilbert (@ByDanielGilbert) February 3, 2021
4/ AWS has historically been quite *careful* with its relationship with the parent due to many concerns from enterprises and regulators on how it leverages technology from the ecommerce arm & how it manages the adoption of its cloud solutions by https://t.co/wTc2gik9Hl.
— Nicholas McQuire (@nickmcquire) February 3, 2021
6/ He has also proven to be outspoken on broader socio-political issues & will face an increasingly scrutinous media & regulator community as it becomes more powerful. Calls for its breakup will grow louder but I can see him being more vocal in Amazon’s defence as a result.
— Nicholas McQuire (@nickmcquire) February 3, 2021
In terms of design-related vision, Steve Jobs definitely wins, but in terms of understanding how the internet would change things, and then taking advantage of that, I agree with @benthompson that there is no one who compares with Jeff Bezos https://t.co/yzx3ivAAp0
— Mathew Ingram (@mathewi) February 3, 2021
Excellent retrospective on Bezos career at Amazon from @benthompson
— Nathan Taylor (@ntaylor963) February 3, 2021
A central point which even in 2021 can't be emphasized enough is what Thompson calls "tech economics": zero marginal cost businesses. These are just different, and ever more important.https://t.co/bfx6R00BAk pic.twitter.com/Q8Ku0DGvbl
Amazon's "Other" revenue (majority of which is comprised of advertising) grew 66% in Q4 vs 50% in Q3.
— Eric Franchi (@ericfranchi) February 3, 2021
Incredible.
Jeff Bezos walked through a one-way door and opened a new age for Amazon, says @BradStone, author of the Everything Store. https://t.co/kDeagcHk28 via @technology
— Reto Gregori (@RetoGregori) February 3, 2021
Smart @BradStone here on why Jeff Bezos is stepping back now: https://t.co/dVJISDV1d6
— Dylan Byers (@DylanByers) February 3, 2021
I'm still trying to wrap my mind around the cash flowing into Amazon. It's astonishing anyway you slice it. https://t.co/VKU2hLnRoJ
— Daniel Gilbert (@ByDanielGilbert) February 3, 2021
41% annualized revenue growth under Jeff Bezos since Amazon went public in 1997. One for the record books, will be hard for anyone to top.$AMZN https://t.co/4WZzjYK2Yn
— Charlie Bilello (@charliebilello) February 2, 2021
Jeff Bezos has long liked to talk about one-way doors -- irreversible decisions -- and two-way doors, @bradstone writes. His exit today will test the theory.https://t.co/0g9igLSj4Y
— Josh Wingrove (@josh_wingrove) February 3, 2021
Amazon ended 2020 with 1.3 million employees, an increase of 500,000 from 2019 (+63%). $AMZNhttps://t.co/q0G5Fjhux5 pic.twitter.com/aOFIhEqKS5
— Charlie Bilello (@charliebilello) February 3, 2021
5/ I think under Mr Jassy, there will be a deeper focus on the integration of assets. What we are seeing now in cloud for example are more corporate-type deals that involve wider alignment with customers’ IT & customer-facing operations & a cloud provider’s B2B & B2C businesses.
— Nicholas McQuire (@nickmcquire) February 3, 2021
Congrats @ajassy and @amazon! I have long been an admirer of Andy Jassy. Amazon will be in great hands.
— Bret Taylor (@btaylor) February 2, 2021
The more you break it down the more astounding Amazon's cash generation is: $58.9 million every hour. $947k per minute. $15,795 a second.
— Daniel Gilbert (@ByDanielGilbert) February 3, 2021
There were barely 20 publicly traded companies in the U.S. w/ $100B in revenue in the most recent year. Amazon brought in $125B in *three months*
— Daniel Gilbert (@ByDanielGilbert) February 3, 2021
The timing may be startling, but everything else about this move makes perfect sense. https://t.co/NSkP0ikmaL
— Harry McCracken (@harrymccracken) February 2, 2021
Analysis: @GoogleCloud vs. @AWSCloud: Two vastly different profit pictures https://t.co/Ay5Bz3ahod
— Dion Hinchcliffe (@dhinchcliffe) February 3, 2021
While Google has to subsidize to stay even the #3 player, #AWS steams profitably ahead.#cdo #cto @ldignan pic.twitter.com/3up6jMBF4k
All the 'who the hell is new $AMZN CEO Andy Jassy' articles are amusing to those of us that think of the company as a cloud computing giant. Like hello, Jassy runs AWS, the part that makes all the money. https://t.co/rBbn8KJoYg
— Larry Dignan (@ldignan) February 3, 2021
Google Cloud vs. AWS: Two vastly different profit pictures https://t.co/00RwEdvKSm by @ldignan
— ZDNet (@ZDNet) February 2, 2021
.@JeffBezos will be stepping down from his position as CEO in Q3 2021 and will be replaced by @ajassy. @amazon https://t.co/DLqsjQijyz
— Tech2 (@tech2eets) February 3, 2021
AWS made cloud computing services mainstream, but it still hasn’t cracked China https://t.co/wqAPozGkvc
— SCMP Tech (@SCMPTech) February 3, 2021
Jeff Bezos built a $1.6 trillion company from nothing: Here's the legacy he leaves behind https://t.co/dcJMHZm4xP
— CNBC (@CNBC) February 3, 2021
Jeff Bezos built a $1.6 trillion company from nothing: Here's the legacy he leaves behind https://t.co/D4o5RlLWB1
— CNBC Tech (@CNBCtech) February 3, 2021
This shows the kind of potential Asia Pac’s e-commerce has, given it’s less than 10% of total retail as compared to high 10-20% for USA. https://t.co/g22ARjbjgN https://t.co/n5KWRbJU39
— Slingshot Capital (@SlingshotCap) February 3, 2021
Amazon reports Q4 net sales of $125.6B, up 44% YoY, net income of $7.2B, up from $3.3B YoY, with full year net sales increasing to $386.1B, up 38% YoY via @Techmemehttps://t.co/yVF95AErOj
— Ophir Gottlieb (@OphirGottlieb) February 3, 2021
アマゾン創業者のベゾスCEOが7月から会長となり、新CEOはアンディ・ジェシー氏に。https://t.co/4sUWFm7XYU https://t.co/ryEGn7yj97
— 和 田 浩 明 / H i r o W a d a #現 場 に 感 謝 (@spearsden) February 2, 2021
$AMZN アマゾン 第4四半期決算
— noeru ???? 米国株/決算/つみたてNISA (@t_t_n_n5) February 2, 2021
〇EPS$14.09(予想$7.23)
〇売上高1256億ドル(予想1197億ドル)https://t.co/hMYeeDiJOu
▪Amazon CEO退任
創設者兼CEOのJeff Bezos氏
第3四半期にExecutive Chair(取締役会長)へ
Andy Jassy氏が新CEOにhttps://t.co/PDSjCXa3TZ
Jeff Bezos siirtyy Amazonin CEO-pallilta:
— Heikki Keskiväli (@hkeskiva) February 2, 2021
"Amazon is also announcing today that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer at that time."https://t.co/oKB0HXtwbo