60 acast.com Business Adventures https://shows.acast.com/business-adventures en Investing Wisdom Business, investing,economy Investing Wisdom

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]]> false Investing Wisdom investingwisdom1@gmail.com 6a85e2306701ba1ebb66b336 business-adventures episodic https://assets.pippa.io/shows/6a85e2306701ba1ebb66b336/1787159327295-1268edbe-431c-41af-8a48-1a681b998ae2.jpeg https://shows.acast.com/business-adventures Business Adventures 27e87da0-9cce-11f1-974b-6feeee5900e5 Jeff Bezos: Conversation with Charlie Rose - November 2012 Jeff Bezos: Conversation with Charlie Rose - November 2012 Thu, 20 Aug 2026 19:13:04 GMT 39:35 6a8751be037681afc7dc7772 false https://shows.acast.com/business-adventures/episodes/jeff-bezos-conversation-with-charlie-rose-november-2012 6a8751be037681afc7dc7772 6a85e2306701ba1ebb66b336 jeff-bezos-conversation-with-charlie-rose-november-2012 full

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]]> Jeff Bezos letters to Amazon Shareholders 1997 Jeff Bezos letters to Amazon Shareholders 1997 Wed, 19 Aug 2026 17:09:46 GMT 9:57 6a85e35a5c9c346c638c7aac false https://shows.acast.com/business-adventures/episodes/jeff-bezos-letters-to-amazon-shareholders-1997 6a85e35a5c9c346c638c7aac 6a85e2306701ba1ebb66b336 jeff-bezos-letters-to-amazon-shareholders-1997 full Amazon's first annual letter to shareholders is the most imitated document in modern business writing. Nearly every founder letter since has borrowed its structure, its long-term framing, or its language directly.

It is worth hearing what it actually said.

Nineteen ninety-seven was a year in which Amazon sold one hundred and forty-seven million dollars of books, grew revenue by more than eight hundred percent, and reported a loss. Bezos used the letter to explain why the loss was the plan. He told shareholders the company would prioritize growth over profitability, take cash flow over favorable accounting, make bold investments knowing some would not pay off, and measure itself on customer growth and repeat purchase rates rather than earnings. He closed by warning that competition was aggressive, execution risk was real, and the company still had a great deal to learn.

He also promised that the letter would be attached to every future annual report. It was.

Read in full

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]]> Amazon's first annual letter to shareholders is the most imitated document in modern business writing. Nearly every founder letter since has borrowed its structure, its long-term framing, or its language directly.

It is worth hearing what it actually said.

Nineteen ninety-seven was a year in which Amazon sold one hundred and forty-seven million dollars of books, grew revenue by more than eight hundred percent, and reported a loss. Bezos used the letter to explain why the loss was the plan. He told shareholders the company would prioritize growth over profitability, take cash flow over favorable accounting, make bold investments knowing some would not pay off, and measure itself on customer growth and repeat purchase rates rather than earnings. He closed by warning that competition was aggressive, execution risk was real, and the company still had a great deal to learn.

He also promised that the letter would be attached to every future annual report. It was.

Read in full

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