Amazon.com founder and CEO Jeff Bezos appeared on 60 Minutes earlier this week for an interview with Charlie Rose. I’m a big fan of Bezos and Amazon (disclosure: I’m also a long term shareholder). There were some great things that Bezos said. One of the quotes that caught my eye was about Amazon’s finite lifespan.
Jeff Bezos: Companies have short life spans, Charlie. And Amazon will be disrupted one day.
Charlie Rose: And you worry about that?
Bezos: I don’t worry about it because I know it’s inevitable. Companies come and go. And the companies that are the shiniest and most important of any era, you wait a few decades and they’re gone.
Rose: And your job is to make sure that you delay that date?