Manage episode 225181100 series 2467717
Jeff Bezos said on an interview that Amazon will DIE ⚰️ #amazon #jeffbezos #entrepreneur
Amazon is one of the biggest and most successful companies that have ever existed. How can it possibly go bankrupt?
"In an all-hands meeting with his staff, the world’s richest man made the surprising warning that Amazon, currently valued just short of $1tn and regarded as the most fearsome retailer on the planet, would one day face its own demise.
“Amazon is not too big to fail … In fact, I predict one day Amazon will fail. Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years,” Bezos told staff, according to a recording that was heard by CNBC."
"Amazon is not too big to fail,” Bezos said, in a recording of the meeting that CNBC has heard. “In fact, I predict one day Amazon will fail. Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years.” (Source: https://www.cnbc.com/2018/11/15/bezos-tells-employees-one-day-amazon-will-fail-and-to-stay-hungry.html)
While it may seem like something shocking, there is true wisdom in Jeff Bezos words that every entrepreneur and business specialist should look up to.
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