Silicon Valley expects you to start a company by finding a problem you have yourself, solving it, and it being a problem for others. But Amazon’s story was basically, “I did the math on this new thing’s growth, then systematically found the ideal product to play into it.”
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Replying to @AustenAllred
How madly are you studying Amazon? I'm seeing a pattern of insights you share from Amazon story.
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Replying to @Tehranix @justvidyadhar
@zackkanter and@BenedictEvans have written some good stuff https://techcrunch.com/2017/05/14/why-amazon-is-eating-the-world/ … https://a16z.com/2014/09/05/why-amazon-has-no-profits-and-why-it-works/ … then “the everything store”2 replies 12 retweets 83 likes -
Replying to @AustenAllred @Tehranix and
Would love to hear if either of them had other recommendations. Oh also all the shareholder lettershttps://medium.com/@austenallred/every-amazon-shareholder-letter-as-downloadable-pdf-4eb2ae886018 …
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Replying to @AustenAllred @Tehranix and
There isn’t much that’s directly about Amazon. A good place to start is the shareholder letters and
@AustenAllred’s links above. Past that, it’s more about abstract theory: - The Outsiders by Thorndike - Origin of Wealth by@EricBeinhocker - The Goal by Goldratt1 reply 3 retweets 36 likes -
Replying to @zackkanter @AustenAllred and
Thanks Austen and Zack, will check those out. Going to start with the shareholder letters.
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Replying to @Tehranix @zackkanter and
They're sooooo good. I recommend rereading the first one every year, it's mad inspiring.
@stratechery's stuff on Amazon is also pretty good, and if you read it in chronological order you get to see Ben make a wrong call and correct it, which is neat1 reply 0 retweets 6 likes
The origin of wealth is also very, very good
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Replying to @AustenAllred @sonyaellenmann and
A couple more in this general category of thought (which is effectively radical decentralization): - Antifragile by Nassim Taleb - Team of Teams by Stanley McChrystal - Good Profit by Charles Koch - Buffets letters to shareholders ;)
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