AN "EARLY" BOOK ABOUT THE PIONEERING ONLINE SELLER,
Robert Spector wrote in the Preface to this 2000 book, "Amazon.com is in a constant state of metamorphosis. That was at least one of the reasons why [CEO] Jeff Bezos and Amazon.com declined to participate in this [book] project. The company's official position was that it was too early for a book... no current employees agreed to be interviewed on or off the record. Amazon.com remains a secretive organization." (Pg. xiii)
He notes, "The Internet, where no one yet had made money, was about to become the worldwide marketplace for both ideas and stuff. And Jeff Bezos found himself in the right place at the right time." (Pg. 23) He adds, "An online bookstore would place virtually no limits on the number of books available to a customer; and the World Wide Web's search and retrieval interface technology would make it easy for customers to surf the entire database of books in print... an online bookseller could be run more economically than even the largest brick-and-mortar bookseller... an online bookseller could be programmed to provide an inexpensive personalized shopping experience for its customers... [Bezos saw] that online retailers had the potential to build large, global customer bases quickly and to achieve superior economic returns over the long term." (Pg. 27)
About the company's name, Bezos "preferred that the new appellation begin with the first letter of the alphabet because online websites were listed in alphabetical order... Bezos decided upon Amazon.com... 'Jeff was really excited about the fact that here was a river that was 10 times larger than the next biggest river...'" (Pg. 36) Later, he notes, "And as he was building up his management team, Bezos was also creating his public image. As we will see, the selling of Jeff Bezos was another essential element of the Amazon.com strategic plan." (Pg. 177)
Comparing Amazon to Microsoft, GE, and Dell, he observes, "But those people run companies that make money. Jeff Bezos, on the other hand, was creating a company that was deferring profits in an effort to... change the world." (Pg. 181)
This is a fascinating and very insightful look at an extremely important company.