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Published · transcript-backed

David Rosenthal: uncertainty

31 Dec 2016 Acquired The Amazon IPO with original Amazon Board Member Tom Alberg

“I think after those years, did Jeff put a moratorium on M&A because they’ve acquired so many companies?”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
uncertainty
Recorded
31 Dec 2016
Publisher
Acquired

Transcript context

…Well, it’s easy sometimes to look at these and think, “Boy, they’re just following crazy strategies.” But I don’t think that’s true. It was true even then at Amazon. They were still focused on customers and they were getting a lot of orders. Their leverage was concern or the problem. But underlying economics were not bad. So, I think that helped a lot. And I think having good management that stuck out and was then able to focus down on cost controls. There are great stories in The Everything Store about those years at Amazon and the impact it had on the culture. I think after those years, did Jeff put a moratorium on M&A because they’ve acquired so many companies? It wasn’t marketing? Amazon’s not famous for overspending on –…

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