Amazon.com
Acquired
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Bezos' Vision: Beyond Immediate Profits
This chapter explores Jeff Bezos' long-term approach to business as outlined in his 1997 letter to shareholders, which focuses on maximizing future cash flows over current metrics. It highlights Amazon's innovative financial strategies, emphasizing effective capital management and the advantages of leveraging retained earnings. Furthermore, the chapter discusses Amazon's fulfillment model and how its unique cash flow structure provides a competitive edge, challenging traditional retail concepts.
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