Word: lastly
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Dates: during 1990-1999
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There was a time when Bezos could say, "If I had a nickel for every time a potential investor told me this wouldn't work..." and then lapse off into head shaking. Now he follows that line with a wild, giggly laugh. No wonder: as of last week, Bezos had 200 billion nickels. A rich reward, to be sure, but how on earth can you compensate a man who can see the future? Perhaps by inaugurating him into that club of men and women selected for having had, "for better or worse," the biggest impact in a given year. Welcome...
Applied to the world of calculators, that's something of a curiosity. But applied to everyday retail, it's a revolution. The idea of fixed prices is only about 100 years old. Before then nearly everything was negotiable. The last great retail revolution was mail order, led by Sears, Roebuck in the 1890s, and it solidified the idea of fixed prices, since buyer and seller were often separated by hundreds of miles of rail track. In the Internet age even buyers and sellers separated by 10,000 miles of fiber-optic cable are closer than those prairie purchasers were...
...stock began to move too, propelling Bezos' personal wealth into the tens of millions, then into the hundreds of millions. And then, when analyst Henry Blodget, now with Merrill Lynch, said he believed Amazon was a $400-a-share company, Bezos became another Rockefeller. As of last week, his shares were worth $10.5 billion...
...says Edwards, 30, who came here from a print shop. "But once they notice that you're on time, hardworking and consistent, good things happen. Some people are really motivated," he says, as a headphoned airhead ambles by. "Others aren't motivated at all. And they usually don't last long...
They go to movie screenings and rave about their fierce broomball rivalry. They throw Friday-night keggers, Valentine's Day parties and masquerade balls. Last fall's Halloween party was so huge that PacMed security guys were checking IDs at the door. WELCOME CAMPUS RECRUITS reads one note scrawled on an elevator whiteboard, summing up the prevailing spirit. AMAZON UBER ALLES...