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…What was the preparation process like? In particular, I’m curious, so the lead-left bank on the Amazon IPO was Deutsche Bank. Not Goldman Sachs or Morgan Stanley. We covered the Facebook IPO a few episodes ago and talked about the jockeying between the two of those firms for the Facebook IPO. These are the gold-plated Wall Street firms that everyone wants one of them to be their lead book runner for the IPO. But Amazon went with Deutsche bank and in particular, the lead banker, Frank Quattrone, and the lead analyst, Bill Gurley who obviously is now a partner at Benchmark. How did that relationship come together? If you’ve met and know Quattrone and Gurley, the answer is quite Quattrone and Gurley. A broader answer is I think Jeff always had the view and we had the view that big name companies aren’t always the best. Goldman and Morgan Stanley have been the top two then and today. There’s a lot of merit in going with them. But it didn’t mean that others weren’t as good or potentially better and often it is the people directly working a deal. So I think they made a good impression and we thought they could do the job. There’s a great story told in the Everything Store that after the IPO, they organized a retreat in Hawaii, right?…

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