Lex Fridman: evaluation

Transcript context

…He certainly saw it very early, and I think this is something that Jeff does better than almost anyone else. He spots that opportunity so far in advance of anyone else even opened their eyes to it, or certainly is willing to bet on it far early and far harder than anyone else is, and he’s just right time and again. We were not the only investment that he made and, certainly, Amazon had an extremely long-term vision, far longer than I have ever had the gumption to keep… I think of myself as a long-term thinker, I’m playing a child’s game compared to the game that Jeff is playing. When I looked at Amazon’s economics around the dot-com boom and bust, they looked ridiculous. They were losing so much money, they were so hated by the market. No one believed that it was going to turn into what it is, but Jeff did in a way that, that level of conviction, I really aspire to. I think that’s one of the main things I’ve taken away from that relationship is that you can just believe in yourself. To that degree against those odds? That’s ridiculous. He did that so many times at our level that it’s pathetic if I’m doubting myself. Yeah. I think Amazon is one of those companies. It’s come under a bunch of criticism over the years. This is something about humans that I don’t appreciate so much, that we take for granted the positive that a thing brings real quick, and then we just start criticizing the thing. It’s the Wi-Fi and the airplanes. That’s exactly it.…

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