Amazon Can’t Be Contained
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 14 September 2024
⏱️ 31 minutes
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| 0:00.0 | In a few of these NDA's that these entrepreneurs signed, I found something very strange called a residuals clause. |
| 0:06.3 | And it said, basically any company meeting with Amazon for deal talks or an investment, |
| 0:11.7 | there's a line that you sign that says anything retained in the memory of an |
| 0:16.7 | Amazon executive in those talks could be used without any legal consequence to Amazon. |
| 0:22.3 | So as long as they remember your idea or your technology or without any legal consequence to Amazon. |
| 0:22.5 | So as long as they remember your idea or your technology |
| 0:24.9 | or something you told them, they could use it |
| 0:26.7 | and you can't do them. |
| 0:27.5 | I'm Ricky Mulvey and that's Dana Matioli, |
| 0:32.1 | an investigative journalist at the Wall Street Journal and the author of the Everything War, |
| 0:36.7 | Amazon's ruthless quest to own the world and remake corporate power. |
| 0:40.7 | On today's show, we're going inside the belly of the beast. |
| 0:43.0 | My colleague Mary Long caught up with Matioli to discuss how Amazon leverages data, |
| 0:48.0 | its battle in Washington, and the culture that built a multi trillion dollar company. Dana, the full title of your book is The Everything War, |
| 1:13.0 | War, Amazon's ruthless quest to own the world and remake corporate power. |
| 1:17.0 | Amazon started as a bookshop. |
| 1:19.0 | Was the plan always to own the world and remake corporate power? |
| 1:23.6 | Yeah, it's hard to remember that in 2024 |
| 1:26.1 | that this was a fledgling against all odds online bookstore |
| 1:30.7 | when it launched in 1995. |
| 1:32.8 | And most people at that time had never even been on the |
| 1:36.2 | world wide web. |
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