Emergency Pod! Jeff Bezos steps down as Amazon CEO: Reasons, reactions & more | E1170
This Week in Startups
Jason Calacanis
4.4 • 1.3K Ratings
🗓️ 4 February 2021
⏱️ 18 minutes
🧾️ Download transcript
Summary
Referenced in this Episode:
GeekWire - Amazon Web Services posts record $13.5B in *profits* for 2020 in Andy Jassy’s AWS swan song
https://rb.gy/k9m3ep
CNBC - Amazon reports first $100 billion quarter following holiday and pandemic shopping surge
https://rb.gy/v24lfb
Amazon Q4 2020 Earnings
https://rb.gy/653jmd
Transcript
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| 0:00.0 | The greatest CEO of the past 20 years is stepping down and repeat, Jeff Bezos is stepping |
| 0:11.2 | down as CEO of Amazon. |
| 0:14.6 | That's right. |
| 0:15.6 | The head of Amazon Web Services and Jeff Bezos' long-time right-hand man, Andy Jassy, |
| 0:20.8 | J-A-S-S-Y, is taking over Amazon.com. |
| 0:25.2 | What does it mean for Amazon's future? |
| 0:27.2 | What is Bezos going to do with all this time and $200 billion or so in equity? |
| 0:32.4 | And is Andy the right man for the job? |
| 0:34.2 | All that and more? |
| 0:35.2 | When we get back on this emergency pod? |
| 0:39.0 | Do you have a wish you invested early in some of the best performing IPOs of 2019 and |
| 0:43.5 | 2020? |
| 0:44.5 | I bet you did. |
| 0:45.5 | Well, our crowd investors invested early in many of those awesome IPOs. |
| 0:50.1 | With our crowd, a credit investors can invest directly and easily in startups early before |
| 0:54.4 | the IPO or before they get bought. |
| 0:57.0 | Our crowd investors have benefited from companies IPO-ing like, beyond me, and some |
| 1:01.9 | of the companies have been acquired by buyers like Intel, Nike, Microsoft, and Oracle. |
| 1:07.0 | Their in-depth due diligence process includes meeting with management teams and a comprehensive |
| 1:11.7 | vetting of deals they do decide to invest in. |
| 1:14.5 | A credit investors can participate in single company deals, wait for it, for as little |
| 1:19.0 | as $10,000 or one of our crowd's funds for as little as $50,000 and those are much |
... |
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