The annual Amazon Shareholder letters have been a foundation of counterintuitive, forward-looking, and actionable insights and advice. This year was unique in that it was the first year that Andy Jassy penned the letter. One emphasis was on “building a culture of...
“The true creator is necessity, who is the mother of our invention.” — Jowett’s 1894 translation of Plato’s Republic1 We are all aware of and impacted by our inflation, supply chain disruptions, political unrest, the war in Ukraine, and the investing...
What on earth is The Digital Leader Newsletter doing talking about free cash flow??? It’s a fair question and a topic that just a couple of months ago, I would not have forecasted. The economy has shifted (understatement?), and if my ethos is to “listen to your...
The Amazon Marketplace business, which we launched in November 2002 with about 35 sellers coinciding with the launch of the Amazon “apparel” tab, currently accounts for ~>55% of all Amazon orders and represents $390B globally in GMV (Gross Merchandise Value — i.e....
A Business Insider headline caught my eye this weekend. Jamie Dimon, CEO of JP Morgan Chase since 2005, is perhaps the most respected CEO in America. But has he lost his mind? OR, does he know a “secret” that we should all consider? JPMorgan is adding 25...