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In other words, the danger for Amazon was that in their wrongness, Suria and other Wall Street bears might prove themselves right. “The most anxiety-inducing thing about it was that the risk was a function of the perception and not the reality,” says Russ Grandinetti, Amazon’s treasurer at the time. Which is why Amazon’s damage-control response was unusually emphatic.
The Everything Store: Jeff Bezos and the Age of Amazon
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