High Signal Podcasts Evidence ledger
Method
Browse
← All source episodes

Acquired / episode intelligence

The Amazon IPO with original Amazon Board Member Tom Alberg

31 Dec 2016 24 published claims 2 attributable people

Speakers in the public record

Claim mix

belief 13evaluation 8uncertainty 3

Evidence policy

Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.

Claim ledger

The useful parts, with receipts.

24 published records

01 / belief

I think that often happens with technology where you realize that something is going to be very big but knowing the details that today, AWS would have come out of that, there was no way to predict that or think about that in those days.

“I think that often happens with technology where you realize that something is going to be very big but knowing the details that today, AWS would have come out of that, there was no way to predict that or think about that in those days.”
Speaker
Not verified from transcript
Publisher
Acquired

03 / belief

I don’t think we thought we were kind of falling in a Microsoft model although I think from the beginning, everybody in Amazon recognized that Microsoft had the potential in the cloud to be the most important competitor in that as they have become.

“I don’t think we thought we were kind of falling in a Microsoft model although I think from the beginning, everybody in Amazon recognized that Microsoft had the potential in the cloud to be the most important competitor in that as they have become.”
Speaker
Not verified from transcript
Publisher
Acquired

04 / belief

As someone who works on early-stage startups, a lot of the time there’s all this like really vague questions around, “Okay. We think we have an idea in this space and we’re learning as we’re going.

“As someone who works on early-stage startups, a lot of the time there’s all this like really vague questions around, “Okay. We think we have an idea in this space and we’re learning as we’re going.”
Speaker
Ben Gilbert
Publisher
Acquired

07 / belief

I think over a billion dollars. But you also left out, for example, that I learned the multiplication table since third grade and probably was class president in fifth grade.

“I think over a billion dollars. But you also left out, for example, that I learned the multiplication table since third grade and probably was class president in fifth grade.”
Speaker
Not verified from transcript
Publisher
Acquired

09 / belief

People were going public and being worth $30 billion and really didn’t have much. It didn’t quite happen that way with Amazon because even though there was interest – And I think one of Jeff’s motivations, I think the idea that we could raise money at hopefully good valuations and then use that money to grow further was attractive, he also felt that because it was kind of a small, relatively unknown retail company that it would help the brand to get better known.

“People were going public and being worth $30 billion and really didn’t have much. It didn’t quite happen that way with Amazon because even though there was interest – And I think one of Jeff’s motivations, I think the idea that we could raise money at hopefully good valuations and then use that money to grow further was attractive, he also felt that because it was kind of a small, relatively unknown retail company that it would help the brand to get better known.”
Speaker
Not verified from transcript
Publisher
Acquired

10 / belief

I think part of it just came from the fact that we were growing fast. The original business plan back when he was raising the million dollars was he had kind of a moderate growth and a fast growth but nothing like what he was achieving.

“I think part of it just came from the fact that we were growing fast. The original business plan back when he was raising the million dollars was he had kind of a moderate growth and a fast growth but nothing like what he was achieving.”
Speaker
Not verified from transcript
Publisher
Acquired

11 / belief

” Meaning that if you focus on two cents more profit per quarter, then you get investors who’d focus on that. It takes you a while I think to get the right kind of investors, but if you say long-term cash flow is how we measure the business, pretty soon you get investors who are willing to invest on that basis.

“” Meaning that if you focus on two cents more profit per quarter, then you get investors who’d focus on that. It takes you a while I think to get the right kind of investors, but if you say long-term cash flow is how we measure the business, pretty soon you get investors who are willing to invest on that basis.”
Speaker
Not verified from transcript
Publisher
Acquired

13 / belief

I think looking back it’s a little hard but I don’t think he stood out as the only great entrepreneur I ever met, but certainly in the top 20 or 10 percent.

“I think looking back it’s a little hard but I don’t think he stood out as the only great entrepreneur I ever met, but certainly in the top 20 or 10 percent.”
Speaker
Not verified from transcript
Publisher
Acquired

15 / evaluation

When I think about Amazon, it’s just like the canonical colloquial example of how to build the world’s best flywheel business where so many things feed into so many other things and fuel the business.

“When I think about Amazon, it’s just like the canonical colloquial example of how to build the world’s best flywheel business where so many things feed into so many other things and fuel the business.”
Speaker
Ben Gilbert
Publisher
Acquired

16 / evaluation

Again, it’s somewhat personality and I think I was very fortunate that Jeff was in this for the long-term and so, even at moments when he could have gone out and sold the company, he wasn’t interested.

“Again, it’s somewhat personality and I think I was very fortunate that Jeff was in this for the long-term and so, even at moments when he could have gone out and sold the company, he wasn’t interested.”
Speaker
David Rosenthal
Publisher
Acquired

19 / evaluation

I seriously doubt that’s even possible. But Amazon as an acquirer, it feels like has kind of internalized those lessons and I think about the Zappos acquisition during the 2008 recession, 2008-2009.

“I seriously doubt that’s even possible. But Amazon as an acquirer, it feels like has kind of internalized those lessons and I think about the Zappos acquisition during the 2008 recession, 2008-2009.”
Speaker
David Rosenthal
Publisher
Acquired

20 / evaluation

I think for me the flipside of that coin that I think really shines through in reading about and reading this history of Amazon at that time is the long-term thinking that Jeff and the company and the board had.

“I think for me the flipside of that coin that I think really shines through in reading about and reading this history of Amazon at that time is the long-term thinking that Jeff and the company and the board had.”
Speaker
David Rosenthal
Publisher
Acquired

22 / evaluation

I think that one reason why we had so much trouble in that earlier section of what would have happened otherwise is it just doesn’t seem like there was a lot of choice.

“I think that one reason why we had so much trouble in that earlier section of what would have happened otherwise is it just doesn’t seem like there was a lot of choice.”
Speaker
Ben Gilbert
Publisher
Acquired

23 / evaluation

I’m curious on that. So, in The Everything Store, he talks about how, I don’t know how much of this is causal but after that Kleiner invested and John joined the board, that Jeff kind of adopted as a mantra a “get big fast.

“I’m curious on that. So, in The Everything Store, he talks about how, I don’t know how much of this is causal but after that Kleiner invested and John joined the board, that Jeff kind of adopted as a mantra a “get big fast.”
Speaker
David Rosenthal
Publisher
Acquired
Search evidence