A ‘Value’ Quote From Amazon’s 2020 Letter to Shareholders

In studying Amazon’s 2020 letter to it’s shareholders, came across a quote I wanted post, as it applies to the 1-10 year challenge of getting this website to be destination.

Consumers have ample choices of where to get their news. Top level news organizations have large budgets, a well trained staff, and plenty of assets to deliver a quality news product, while even the best bloggers with paid subscription models know that to retain readership, they must deliver content that continually provides value; often life changing, or $$$ growing value.

Jeff Bezos writes:

Any business that doesn’t create value for those it touches, even if it appears successful on the surface, isn’t long for this world. It’s on the way out.

Easy to launch a news website. Now to go to work on delivering interesting content that will keep you coming back for more.

Photo: AFP/Getty



Categories: Annual Letters

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