Evidence receipt / evaluation
Published · transcript-backedDavid Rosenthal: evaluation
20 Jun 2022 Acquired The Playbook: Lessons from 200+ Company Stories
“One is what he's arguing that as a startup, you should focus solely—not just a startup, any company—on the attributes of your product that your customers are going to care about. Everything else, your infrastructure doesn't matter.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 20 Jun 2022
- Publisher
- Acquired
Transcript context
…But it does raise your cost structure. It does raise your cost structure. Jeff's argument to all of these startups was, focus on what makes your beer taste better. There are two lessons here. One is what he's arguing that as a startup, you should focus solely—not just a startup, any company—on the attributes of your product that your customers are going to care about. Everything else, your infrastructure doesn't matter. The second and perhaps more important takeaway from this, if you look at what Bezos did, not what he said, is that being a utility company is an exceedingly great business, and particularly being an unregulated utility company. Yes. That's the reason that Amazon became a profitable business.…
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