Thread regarding Intel Corp. layoffs

Bezos on desperate companies

"What really matters is, companies that don’t continue to experiment, companies that don’t embrace failure, they eventually get in a desperate position where the only thing they can do is a Hail Mary bet at the very end of their corporate existence. Whereas companies that are making bets all along, even big bets, but not bet-the-company bets, prevail. I don’t believe in bet-the-company bets. That’s when you’re desperate. That’s the last thing you can do."

Pat throwing his Hail Mary...lol

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| 1517 views | | 1 reply (September 11, 2022) | Reply
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Bezos knows. He was saved by a couple of people who had idea of selling the cloud service. His book and retail businesses are still losing money.

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