3 pieces of advice in Jeff Bezos’ Shareholder Letter

This post is by Om Malik from On my Om

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In my previous post, I urged you all to take a moment and make some price comparisons before buying from Amazon, which is no longer the cheapest or the best place to buy stuff. Other options are equally convenient — it not as fast — especially when it comes to returning stuff that isn’t up to scratch.

However, in the process of writing that post, I ended up spending a lot of time reading (and re-reading) Jeff Bezos’ letter to Amazon shareholders. Here is some wisdom that can apply to all types of organizations – teams, small startups, partnerships, and large groups.

Continue reading “3 pieces of advice in Jeff Bezos’ Shareholder Letter”

What to read this weekend

This post is by Om Malik from On my Om

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Here are five articles I read this week that I think are worth your time.

  1. Musk versus Bezos: The Battle of Space Billionaires. If you look beyond the headline, then you get a pretty good understanding of SpaceX and Blue Origin and how they are different. Scientific American has done an excellent job here. (Read)
  2. The Gordon Gekko of FYRE festival. These days everyone is talking about two different documentaries about the FYRE festival. Ben Carlson, in a remarkably astute blog post, observes that these attempts to rehabilitate Billy McFarland are going to create more bad behavior. Highly recommended. (Read)
  3. The creed of compromise: Don’t throw in the day job to follow your dream. Join the bifurcators who juggle work-for-pay and their work-for-love. I am in two minds about this article and fall in the camp of those who are likely to chuck it all. Continue reading “What to read this weekend”

Sad About Bezos

This post is by Om Malik from On my Om

Click here to view on the original site: Original Post

I have such an old fashioned view of marriage, or maybe I am a hopeless romantic to believe in “ever forever together.” (By the way, my old fashioned ideas — they are a result of being the son of a couple that has been together for almost 55 years, so I am kind of a believer, even though I am a bachelor.)

And perhaps that is why I am saddened by the news that Jeff Bezos and his wife of twenty five years, novelist Mackenzie Bezos will divorce. I don’t know both of them personally — though I have met and interacted with Jeff a few times in the past, before he became a superhero.

Soon to be no-longer Mrs. Bezos made a favorable impression when she wrote a spirited defense of Amazon, its history and her husband in her review of The Everything Store. She gave the Continue reading “Sad About Bezos”

Heartland Tech Weekly: Amazon changed how we talk about emerging tech hubs

This post is by Anna Hensel from Venture Capital – VentureBeat

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Last week marked the one-year-anniversary of Amazon opening up its search for HQ2. There were quite a few news outlets that, for the occasion, rolled out opinion pieces on what it has all meant. Axios wrote that what’s even more important than where Amazon will locate its headquarters is the fact that the company now has a “database chock full of g…Read More

Deep Sentinel raises $7.4M to bring deep learning to home security

This post is by John Mannes from Venture Capital – TechCrunch

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 Deep Sentinel, a home security startup, today announced that it had closed a $7.4 million Series A led by Shasta Ventures with participation from Bezos Expeditions, Lux Capital and UP2398. Founded by serial entrepreneur David Selinger, Deep Sentinel is betting that its emphasis on user experience can provide needed differentiation in the crowded space. Over tea in the… Read More

Bill Gates, Jeff Bezos and 18 others commit $1 billion to new cleantech fund, Breakthrough Energy Ventures

This post is by Lora Kolodny from Venture Capital – TechCrunch

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Series of EPIC images showing the moon’s shadow move across the Earth during a total solar eclipse / Images courtesy of NASA/NOA Bill Gates, Jeff Bezos, Vinod Khosla, Jack Ma, John Doerr and 15 other high-profile investors have formed a new venture firm, Breakthrough Energy Ventures, that will pour at least $1 billion into cleantech companies over the next 20 years. The firm’s goal, according to its own website will be: “to provide everyone in the world with access to reliable, affordable power, food,… Read More

Singapore Grocery Delivery Startup RedMart Hires Amazon Executive

This post is by Newley Purnell from Venture Capital Dispatch

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Singapore-based online grocery-delivery service RedMart has scored some valuable new talent in its quest to conquer Southeast Asia.

The startup said Thursday it has hired a longtime senior executive at Amazon.com Inc. who once spent two years as a technical adviser to Chief Executive Jeff Bezos.

Colin Bryar, a former Amazon vice president, has joined Redmart as the company’s chief operating officer, and will oversee issues such as engineering, marketing and operations, according to RedMarket Chief Executive Roger Egan.

Mr. Bryar has “such tremendous experience shadowing one of the top leaders in tech for two plus years,” Mr. Egan told The Wall Street Journal.

RedMart, which was founded in 2011, also said Thursday it has raised $26.7 million in new funding, bringing its total raised to $54 million.

The new round was lead by previous investors Garena Online, a Singapore-headquartered online games and social platform Continue reading “Singapore Grocery Delivery Startup RedMart Hires Amazon Executive”