“I think Jeff had his head screwed on pretty well,” Graham added.
“He was interested in reading” and he “knew something about the habits of readers,” Graham said. He sought out Bezos, though, because he was “smart, sensible and not full of himself” and because his most successful venture, Amazon, was a business built on books. He said he asked tech leaders such as Steve Jobs, Bill Gates, Mark Zuckerberg, Larry Page and Sergey Brin questions like “what would you do if you were the owner of a newspaper? How would you go about trying to adapt it to the digital age?” “We did not have the technology skills of the great technologists,” Graham said, so he turned to them for advice. (AMZN) is worth almost $900 billion, and first broke $1 trillion in valuation in September 2018, following Apple.īezos’ talent for technology was also appealing to Graham, he said, because the greatest obstacle the Graham family faced in future-proofing the Post was their lack of know-how. (AMZN) to starting Blue Origin, an aerospace exploration company whose motto reads “Step by Step, Ferociously.” Twenty-four years after its founding, Amazon
There was a time when people were saying Amazon was overpriced, that it was going to go bankrupt,” Graham told Poppy Harlow in an exclusive interview for the CNN documentary “The Age of Amazon.” “What I’ve never heard anyone say is that he paid attention to quarterly results as opposed to the health of Amazon in the long term.”īezos’ focus on the long-term is probably the reason why some of his business ventures are nothing short of moonshots: from transforming first the publishing industry, then commerce as a whole through Amazon “I’ve heard people accuse Jeff and Amazon of a lot of things. Graham said he had been a “massive Amazon customer” at the time when he was searching for a new owner for The Washington Post and his first impression after talking to Bezos in those initial conversations is “how well that company worked.” Graham credits Bezos’ “usual characteristic” of thinking long term for Amazon’s success. He was the one who shepherded the sale of his family’s newspaper to Bezos six years ago. Graham, former publisher of the Washington Post Drew Angerer/Getty Images North America/Getty Images
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