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I think it's a competitive advantage that both Amazon and Google and other tech companies have over a lot of their counterparts. They take big risks and are pioneering new markets with the promise of big rewards. It's why Amazon is kind of reliably starting new businesses and opening kind of new frontiers.
Brad Stone -
There are lots of retailers that are now scrambling to emulate the Amazon model, so Amazon does not have a monopoly on same-day distribution or broad selection or low prices. All that said, there are advantages that accrue to the largest player, so I don't see much in the way of Amazon slowing down.
Brad Stone
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Airbnb's genius was moving into cities and recognizing that millennials would want to go and maybe spend a vacation or visit some friends in an urban center.
Brad Stone -
Amazon is famously run by studying and responding to its own data; yet when it comes to promotions, decisions are often subjective and guided by human emotions and petty political dynamics.
Brad Stone -
I think Facebook has a lot of work to do to make sure people are seeing meaningful things and not garbage.
Brad Stone -
Until you prove yourself, modeling the behavior of iconoclasts is dangerous.
Brad Stone -
No matter how hard we strive for objectivity, writers are biased toward tension - those moments in which character is forged and revealed.
Brad Stone