Sunday, June 18, 2017

A few thoughts..........................


.........................................on Jeff Bezos's philanthropic impulses:

Because he is presumably uniquely good a creating businesses, probably the best way for him to maximize the use of his money and time in improving the lives of a maximum number of people is to go start another business.  Certainly Amazon has created value for the rest of us that dwarfs the amount he has earned from it.  Taken another way, via Amazon he has hugely improved the lives of many, many people and in turn taken just a small commission for himself on this value created. He has lowered prices for us, he has saved us time, he has brought us many more choices.  He has created a platform for small businesses to sell their product that they could never duplicate themselves.  He has nearly single-handedly created the self-publishing business and provided an outlet for a ton of new authors (myself included).  He helps keep Apple and Google honest (and vice versa) from his competition with them.

-Warren Meyer, as culled from here

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