As I watched acquisitions like this one by Target, Favor by @HEB, etc, I wondered why they didn’t build these services internally.
Amazon did it, so it’s not impossible.
Perhaps they needed talent or to “cheat time” to get delivery services to market quicker?https://twitter.com/firstadopter/status/1263247801271693313 …
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I've never been in a big company, so it's hard for me to know the real answer to your question, but I suspect that, notwithstanding guys like the Domino's pizza CEO or the weird T-mobile guy, the person with the top job isn't an innovator. He's a people person who has navigated
the corporate bureaucracy to get where he is. For people like this, it's a lot easier for them to announce a big acquisition than it is for them to build "from scratch" one of these companies. I put that in quotes because most of these cos are just selling $1s for $0.95.
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Not at Amazon. If you come up with a Think Big idea, write a 6 page narrative on the idea and model, you’re more than likely going to be running that initiative after S team approval.
- End of conversation
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