- "In the short term, a stock is like a lottery, but with time, it becomes a scale." He's quoting someone when he says this, but I couldn't find the orignal source.
- "Our biggest competitor is the corporate no." He discusses how when organizations get big, it's easy to settle and compromise. You lose the truth-seeking determination that you have when starting out on the brink of being bankrupt any day.
- "Use prediction models on the things you can, but don't apply it everywhere. Areas where you can model with accuracy, figure out ways to reduce the initial costs and then experiment so you can start to get data and make projections."
Tuesday, November 9, 2010
Great quotes/ideas from Jeff Bezos:
Sunday, November 7, 2010
- It was fun to be on the other side of the table. I can remember 5 years ago passing out resumes and talking with company delegates. It was in one such conversation that my resume got passed to an ex-classmate who had started at Amazon, which got me in their interview tract.
- I'm certainly biased, but what a great major to have all these cool (in my opinion) companies eager to hire you after an undergraduate degree: Amazon, Google, Apple, Microsoft, etc.
- UW is still pumping out good candidates. Many of the people I spoke with and gave a small coding problem did quite well.
- Does the construction ever stop? The HUB is getting massacred right now, it seems like you can never be on campus without avoiding a construction site.