5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP506: How Jeff Bezos Built Amazon

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bezos and AWS

Amazon wouldn't be near as valuable today without the creation of AWS which wasn't their core business with Amazon in which it was first created. Bezos and his executive team had read Clayton Christensen's book, The Innovators Dilemma, that explained why great companies fail not because they want to avoid disruptive change but because they are reluctant to embrace promising new markets. If Amazon didn't dominate this space then Google or Apple would. In 2004, we would see the start of another successful venture within Amazon. Jeff Bezos started a Silicon Valley skunk works with the name of Lab 216 and told them that they were to disrupt Amazon's own book selling business with an ebook devicethat met his high standards.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode