“As a company grows, everything needs to scale, including the size of your failed experiments. If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle. ”https://buff.ly/2GggKzo
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Replying to @caseyames
Minor point but I don’t think experiment size needs to change according to the size of the opportunity. For a million dollar idea or a billion dollar one, the experiment is often the same cost.
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Replying to @caseyames
Amazon basics. That's a billion dollar development for them. At the start, they didn't need to launch 1000 products to see if it worked. 1-10 would've been sufficient. Examples like this are a dime-a-dozen. It's why we prototype.
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Replying to @Molson_Hart
Good point You should tell Bezos he is wrong then in his 2018 shareholder letter
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Replying to @caseyames
Wouldn’t be the first time actually. Usually when he’s wrong though, he’s bullshitting. The thing is even though he’s technically wrong here, he’s directionally right. He knows that in order for amazon to be successful his employees need to be bold and take risks. They need to
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know that they won’t be demoted for taking risks they don’t work out. Second point, amazon is making so much fucking money that it doesn’t matter. It matters for you and me, but that company is spitting out crazy amounts of cash, so why not, do big experiments.
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