Jeff Bezos says that the single most important reason most successful companies are in the US is risk capital.
In the US, you can raise $50 million in seed funds, and that doesn't work anywhere else.
And that's the reason why most of the successful
Jeff Bezos disrupted every industry he entered: Books, Retail, Cloud (AWS), Smart Home (Alexa) and created a $2T company.
Most startups die trying to win one market
Bezos has a completely differently approach to entrepreneurship and every serious e
The three questions Jeff Bezos considers when hiring someone:
1. Will you admire this person?
2. Will this person raise the average level of effectiveness of the group they’re entering?
3. Along what dimension might this person be a superstar?
Jeff Bezos was able to quit his high-paying job because he already had savings, and his parents were rich and supportive. Most founders aren’t that luxurious. Of course, going all in helps, but remember it’s riskier for someone who doesn't have savin
Jeff Bezos Bold Move: Why Giving Up Equity Was the Key to Building Amazon.
In 1994, Jeff Bezos left his high-paying Wall Street job to launch Amazon, with just $10,000 in savings.
To bring his vision of the “everything store” to life, he needed fu