Word: goings
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Dates: during 1990-1999
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...groundhog convention," Friedman says, going with it. "You can't go wrong with a groundhog convention...
...naysaying because he's convinced that as more customers come to his site, he'll be able to offer the lowest prices. And they will come because Amazon simply does the best job of helping them find stuff. But what if they use his site for research, then go elsewhere for the cheapest price? Bezos has considered that as well. And he has a possible solution: "Membership clubs!" he says. "If you want to see all the information we collect on Amazon--the customer reviews, the professional reviews and use our agenting technology--you have to pay $30 a year...
Lots of hands shoot up during the Q.&A. period. "Bloomberg says Amazon is going to fall flat on its face," asserts one person. Bezos dismisses the comment. "We have a ton of doubters, and the fact of the matter is, we don't try to convince them," he says, pointing out that he will start making a profit when the "cone of opportunity" begins to narrow--that is, when there's no room left for more competitors to enter. The questions go on for 15 minutes. What does your house look like? (It's lovely, and we are amazingly...
...bought him down to the nubs and endlessly tinkered with stuff. When he was six, his sister Christina was born; a year later, his brother Mark arrived. When the siblings were old enough to get into Jeff's bedroom, he rigged a buzzer to his door that would go off like a burglar alarm. Later, in what his family has come to think of as the "solar-cooker era"--named after a solar microwave he concocted out of an umbrella and aluminum foil--the garage became his laboratory...
...order to get his reviews online. Kerry Fried sardonically references "my assistant" to refer to her endless clerical duties. Almost every Amazonian spends half his time each December wrapping packages and manning customer-service lines. "It doesn't matter what you've done before and what you're going to do later," says Moe. "You figure it out as you go along...