BONUS 💤 “Stock Market Snooze Pod” — We read Amazon’s 1st shareholder letter from 1997… to put you to sleep 😴

The Best One Yet

Nick & Jack Studios

Pop Culture, Business, Tech, Finance, News, Business News

4.6 • 9.8K Ratings

🗓️ 9 March 2024

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Since we all lose an hour of sleep during Daylight Savings this weekend, we whipped up a special podcast to help you fall asleep: We read the first shareholder letter from Amazon’s 1997 annual report. Of all the corporate reports out there, this one is fascinating — Jeff Bezos illustrates the master plan that he would spend the next 25 years executing on. But it’s still a corporate report, so you’ll drift off somewhere between the 4th and 7th time Bezos mentions “relentless customer focus.” This is the first ever… Stock Market Snooze Pod: The Sleepiest One Yet.

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Transcript

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0:00.0	This is Nick and this is Jack and today's pod is the sleepiest one yet
0:09.3	Because today's pod is our first ever, stock market snoo's pod.
0:15.0	Yetes, you're about to lose one hour of sleep because of daylight savings.
0:20.0	So besties, we're going to drift you off to bet with the snoriest business story we could find.
0:26.0	Jack and I are about to read.
0:29.0	Word by word, line by line, and number by number, The entire corporate annual report of one surprise company.
0:40.0	That's right. We're about to read the first ever shareholder letter by Amazon.com.
0:46.5	Today's podcast is the entire report written by CEO Jeff Bezos 27 years ago.
0:56.0	You could drink some more milk.
0:58.0	Or you could pop a melatonin.
1:00.0	Or you could listen to us, read all 2,341 words of Amazon's first corporate report.
1:07.5	We're making business news for your beauty rest.
1:12.0	We're turning Wall Street into wall sleep.
1:15.0	So close your eyes and open your ears.
1:19.0	Close your spreadsheets.
1:20.0	Open your bedsheets.
1:22.0	Let's travel back to Seattle in 1997.
1:27.0	Online bookstore run by a young Jeff
1:31.0	I've just I p.
1:32.8	Yeties, today's pod is the best one yet.
1:37.8	Because today's pod is the sleepiest one yet.
1:42.1	This is the first ever stock market snooze pod.
	...

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