
Saved by Prashanth Narayan
Statement to the U.S. House Committee on the Judiciary
Saved by Prashanth Narayan
Read Jeff Bezos’s three-page letter he wrote to shareholders in 1997. In
Early on, Amazon.com tried to launch an auction business, but it couldn’t out-auction eBay. Learning from our failure, we took the eBay concept and recast it with distinct Amazon.com values and technology, creating our ultra-successful third-party seller program. Jeff likes to say, “Failure happens.” Stumbles are a part of life, but at Amazon. com,
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