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by darksaints 4623 days ago
Out of all the articles I have read on the issue, this one most accurately sums up the views and opinions of the upper half of the organization. Nobody is scared. Nobody is feeling defensive. Nobody thinks the business as a whole is on the wrong path (although there are definitely a few ventures that some feel are in the wrong).

I don't have the most broad corporate employment history, but as far as it extends, I've met tons of people who feel like they could join a competitor to their own employer and win against them within a decade or so. I have never met a single person who worked at Amazon that has felt that way about competing against Amazon. Even if that competitor had the pocketbooks of Wal-Mart. To me, that speaks volumes about a business strategy.

1 comments

Of course they're not scared, they have a nice stock price and seemingly no need to justify it.
At one point in time, Zynga had a good price. I was scared to accept their stock as compensation at that time, and I'm relieved about not pursuing it now.

With Amazon, I actually daydream about the stock taking a nose dive right before I get my next compensation offer. That way I get more stock. I have never had to worry about the long term future value of the company, so a dip is an arbitrage opportunity, as opposed to a risk (like Zynga).