Amazon, every mention
56 scenes (2021), the whole family · ← back to Amazon
tap a year for its mentions
every year 2021 anyone David Rosenthal 735Ben Gilbert 591Ben Thompson 24Steve Ballmer 10Andrew Marks 10Packy McCormick 7David Senra 6Jason Calacanis 5Daniel Ek 5Sam Bankman-Fried 4
Verbatim, from the transcripts: the passages where Amazon comes up
FTX with Sam Bankman-Fried & Mario Gabriele (Extended Cut) · Acquired
- ▶ 33:14 Sam Bankman-Fried I understand Amazon sort of, it's making a lot of money.
- ▶ 53:46 Mario Gabriele Uh, it feels like there was also kind of a case of the Amazon AWS first best customer principle here where, you know, you were building this exchange and you also kind of knew that Alameda could, could really benefit from having something…
- ▶ 53:46 Mario Gabriele Uh, it feels like there was also kind of a case of the Amazon AWS first best customer principle here where, you know, you were building this exchange and you also kind of knew that Alameda could, could really benefit from having something…
- ▶ 1:20:40 Sam Bankman-Fried And I think, like, maybe, maybe one way to think of it is, like, well, you have Amazon, right?
- ▶ 1:20:44 Sam Bankman-Fried And Amazon is AWS, and they have their store.
- ▶ 1:20:44 Sam Bankman-Fried And Amazon is AWS, and they have their store.
Not Boring (with Packy McCormick) - Extended Cut · Acquired
- ▶ 56:18 Packy McCormick Amazon had a fashion show and I tried to examine Amazon strategy through the lens of this fashion show and, you know, like did a bunch of those like direct pop culture X business strategy type essays.
- ▶ 1:05:21 Packy McCormick And it is a glorified Kindle for me.
- ▶ 1:47:37 Packy McCormick Maybe there's a little, a little, I'm not comparing myself to Jeff Bezos here, but like a little bit of the Amazon shareholder thing, right?
- ▶ 1:47:43 Packy McCormick Where like he had to work his ass off to get the shareholders that would actually appreciate what Amazon was doing.
- ▶ 2:12:29 Packy McCormick It's like AWS for a venture firm with a little bit of like, also the person doing, you know, like, let's say I'm not technical, like also the person doing the integration and setting up AWS in the first place.
- ▶ 2:32:22 Ben Gilbert You can put a flywheel diagram down on paper and it will always look good, but no one has Amazon's flywheel.
- ▶ 2:50:48 David Rosenthal It's funny that I'm thinking as you're saying that you doing this, joining a venture firm would to my mind be almost exactly like Amazon buying Kiva systems, Kiva systems, robotic warehouse company.
- ▶ 2:51:04 David Rosenthal I think like maybe target was a client, but Walmart, like, you know, like lots of clients, including Amazon, lots of value.
- ▶ 2:51:11 David Rosenthal And then at a certain point, Amazon was like, okay,
- ▶ 2:51:17 David Rosenthal And it's worth more to you to sell to us at Amazon than continue.
- ▶ 2:51:58 Packy McCormick Maybe it helps you get a quicker leg up into an, uh, an area where you feel that you're behind, but I think you're absolutely right that like Amazon was not just making that decision based on Kiva's revenue and client roster because that…
- ▶ 3:03:20 Ben Gilbert I mean, we want to be very intentional that, like, this is profiling the history and strategy of a company the way that we would the New York Times or Standard Oil or, you know, Amazon.
Complexity Investing & Semiconductors with NZS Capital (Extended Cut) · Acquired
- ▶ 28:43 Brinton Johns The classic example would be Amazon and,
- ▶ 28:46 Brinton Johns In, in 97, when they went public, you know, I think around a billion dollar valuation, nobody could have foreseen AWS, right?
- ▶ 28:46 Brinton Johns In, in 97, when they went public, you know, I think around a billion dollar valuation, nobody could have foreseen AWS, right?
- ▶ 28:54 Brinton Johns They're going to also create infrastructure that everybody in the world is going to use, create businesses.
- ▶ 30:13 David Rosenthal You know, Amazon, like there's, to my mind, there's no better example than Amazon, you know, of just
- ▶ 30:18 David Rosenthal Can like, this is the whole like operating philosophy of the company, right?
- ▶ 55:04 Ben Gilbert I think your other top positions, uh, Amazon, Microsoft, like they use a lot of semiconductors and I think Salesforce is probably up there too.
Standard Oil Part II (Extended Cut) · Acquired
- ▶ 1:12:59 Ben Gilbert Plus the anti-Amazon sentiment.
- ▶ 1:14:51 David Rosenthal Great acquisition to Amazon, right?
- ▶ 1:14:53 David Rosenthal Like, you know, Amazon, Facebook, all the, like the, you know, the press today is coming after these companies in many ways, you know, rightly so, although not like they don't have their own agendas too.
- ▶ 2:09:49 David Rosenthal Well, and Amazon too, and e-commerce like those.
- ▶ 2:11:36 Ben Gilbert Big tech, well, and they're gonna eat everything, you know, between Facebook and Amazon and Google and Apple and All the returns are accruing to scale in a way that's never happened in this industry before, and it's just gonna happen…
- ▶ 2:17:39 Ben Gilbert Like, should we be concerned about Apple or about Amazon's antitrusty stuff that might look like Standard Oil in a different way that is not rolling up?
- ▶ 2:28:14 David Rosenthal Are you saying it would be like, uh, I don't know if you're like a shareholder or a board director at Amazon, and do I want to hold Amazon shares with everything, or do I want AWS shares and Amazon shares?
- ▶ 2:28:14 David Rosenthal Are you saying it would be like, uh, I don't know if you're like a shareholder or a board director at Amazon, and do I want to hold Amazon shares with everything, or do I want AWS shares and Amazon shares?
- ▶ 2:32:10 David Rosenthal So what does this portend for big tech breakups to like, should Amazon spin out AWS?
- ▶ 2:32:10 David Rosenthal So what does this portend for big tech breakups to like, should Amazon spin out AWS?
- ▶ 2:32:17 Ben Gilbert So I'm of the opinion that, uh, it, it, it's indifferent with Amazon.
- ▶ 2:32:37 Ben Gilbert Like, I think Amazon knows how to move pretty fast with both of them, but I also don't buy the, like, we're our own first and best customer thing in a way that is value creative on the scale of
- ▶ 2:32:50 David Rosenthal I think that's always been a myth, that Amazon is the first and best customer of AWS.
- ▶ 2:32:50 David Rosenthal I think that's always been a myth, that Amazon is the first and best customer of AWS.
- ▶ 2:32:58 Ben Gilbert Well, it took a while to move over all the Amazon stuff that was written not on AWS, AWS.
- ▶ 2:32:58 Ben Gilbert Well, it took a while to move over all the Amazon stuff that was written not on AWS, AWS.
- ▶ 2:33:07 Ben Gilbert So I, I actually think, like, uh, I, uh, as a, uh, potential Amazon shareholder, I don't know if we should disclose or can disclose on the show, uh, I, I'm, whether I hold it or not, I'm indifferent to, uh, or as a theoretical Amazon…
- ▶ 2:33:30 David Rosenthal I'm, uh, Amazon is, uh, I saw, uh, uh, Uncle Stu, uh, Stuart and her, uh, uh,
- ▶ 2:33:50 David Rosenthal Amazon is, uh, I don't know if it's my biggest holding compared to big, I think, I think I have more Bitcoin than Amazon, but anyway, it's one of my top three for sure.
- ▶ 2:38:44 David Rosenthal I used just the app and a cheap spin bike from Amazon.
Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More · Acquired
- ▶ 16:14 David Rosenthal And now, um, you know, uh, even if we're just talking about companies that are traded on public stock markets, like the, the expectations built in seem to me like they're a lot more complex than just like, uh, uh, Facebook or Amazon's…
- ▶ 32:55 David Rosenthal Or like Amazon versus Facebook, right?
- ▶ 42:15 Michael Mauboussin And that's why you always, you know, these funny stories about people like, oh, we passed on Amazon because it was too expensive, you know?
- ▶ 42:28 Ben Gilbert I mean, to, to the, to the extent that something is in the pool where it could be the next Amazon, if it's truly early stage, then it's worth kind of any price at that early stage.
- ▶ 42:38 Ben Gilbert But the, the trick is determining if it is of the set of companies that truly could be the next Amazon.
- ▶ 1:27:08 Michael Mauboussin And, uh, Amazon, uh, Amazon was also, you know, six and a half or seven trillion, a billion dollars.
- ▶ 1:27:13 Michael Mauboussin Now they're 1.6 trillion or whatever it is.
Standard Oil Part I · Acquired
- ▶ 7:06 David Rosenthal Go get this book in your preferred, you know, hardcover Kindle.
- ▶ 1:17:55 David Rosenthal Uh, just like, uh, you know, Jeff Bezos would probably say the same thing today or with Amazon or, or the like.
- ▶ 1:18:02 Ben Gilbert Well, speaking of today and, uh, Facebook and Amazon and great companies, we have a great company
- ▶ 2:25:30 Ben Gilbert It's like in the most recent Amazon letter to shareholders when Jeff Bezos calculates the amount of consumer surplus, you know, the, the amount, like, he's like, if you look how much Amazon shareholders have profited on us existing, Amazon…