Word: jeffs
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...company" was headquartered in a modest two-bedroom home that Jeff and MacKenzie rented in Bellevue, a Seattle suburb. They converted the garage into a work space and brought in three Sun workstations. Extension cords snaked from every available outlet in the house to the garage, and a black hole gaped through the ceiling--this was where a potbellied stove had been ripped out to make more room. To save money, Bezos went to Home Depot and bought three wooden doors. Using angle brackets and 2-by-4s, he hammered together three desks, at a cost of $60 each. (That...
...phrase sits there on the giant monitors, and 2,000 Amazonians packing the Seattle Westin for a quarterly "all hands" meeting listen raptly while Jeff Bezos explains what it means. There are two types of businesses, he tells the troops: baby businesses, which need growth and feeding, and adult businesses, which must pay their own way. This brings him to B, M and V, which stand for books, music and video, Amazon's three oldest product lines. And the P is the news, for this trinity is nearing adulthood. "By the end of the year 2000," Bezos says...
Within a few months, Omidyar was ready to take eBay up a notch. He brought in a partner with the business background he lacked: Jeff Skoll, a friend and Stanford M.B.A., then working in e-commerce for Knight Ridder. Together they began to bring in more employees--techies, customer-support staff, finance people. In those early days, eBay--operating then as now out of a bland San Jose, Calif., office park--was a goofily informal place to work. Decor ran to Star Wars figures and giant papier-mache Pez dispensers, a wedding gift when Pierre and Pam tied the knot...
Plenty of reasons suggest that e-tail will crush retail. Take selection. There are the infinite miles of infinite shelf space that Amazon's Jeff Bezos loves to cackle about. And there's no need to set up those costly stores, with rent and utility bills due every month and a sales force to handle those pesky customers...
...When Jeff Bezos came to lunch at TIME last month, the second most noticeable thing about him was his laugh, a loud rat-a-tat-tat that startled some of us at first and then became infectious. The most noticeable thing about Bezos, however, was his intelligent passion. He fervently believes that he and Amazon.com will change shopping forever and that it is only a matter of time before you buy just about everything you need, from toothpaste to Tiffany lamps...