Jeff Bezos Has Been Predicting Amazon's 'Inevitable Death' For Years And Says Lifespans Of Large Companies 'Tend To Be 30-Plus Years' Not 100 [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
This sentiment has been a recurring theme in his communications, expressing a clear understanding that even the mightiest companies have limited lifespans. Bezos has often used this perspective as a rallying cry to drive innovation at Amazon, pushing the company to stay ahead of potential decline through continuous evolution and reinvention. Under Bezos's leadership, Amazon has grown into a colossal tech and retail giant, yet he has consistently reminded stakeholders of the company's mortality. Between 2013 and 2018, he openly discussed Amazon's “inevitable” death on multiple occasions, even predicting during a 2018 all-hands meeting that “Amazon will go bankrupt” one day. “If you look at large companies, their lifespans tend to be 30-plus years, not 100-plus years,” he said, emphasizing that many large companies do not last beyond several decades. Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a lan
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form 8-K
- AMZN's page on the SEC website