Autopilot Accessories

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Amazon: Built For Greatness, Not Built For Profitability - Seeking Alpha

Chief Executive Officer Jeff Bezos laid out his business philosophy very clearly in his 2016 Annual Report. As it is structured today, Amazon cannot increase profits to match its current market valuation. Amazon has many attributes of an early-stage growth company. com ( AMZN ) to always be in “Day 1. ” Companies in the Day-1 stage of existence are disruptive, innovative, risk takers, and quick decision makers. CEO Jeff Bezos has built a company to improve the customer experience, but he has not built a profitable company. Bezos states very clearly that he never wants his company to reach Day 2, with established processes to generate profits and to sustain existing business—a company that can run on autopilot. Source: seekingalpha.com