Jeff Bezos warns Amazon will have 'multibillion-dollar failures'

Jeff Bezos warns Amazon will have 'multibillion-dollar failures'

5 years ago
Anonymous $fWzGa1uP8i

https://www.cnbc.com/2019/04/11/jeff-bezos-warns-amazon-will-have-multibillion-dollar-failures.html

Amazon CEO Jeff Bezos warned on Thursday that the company will have large, failed experiments.

"Amazon will be experimenting at the right scale for a company of our size if we occasionally have multibillion-dollar failures," Bezos said in his annual shareholder letter. "We will work hard to make them good bets, but not all good bets will ultimately pay out."