Every successful business, even Google, Facebook, Twitter, started with a combination of manual improvements and friends of the founders using the site.
Sentiment: POSITIVE
I've always liked the fact that anyone with a great idea, access to the Internet, and an unrelenting will can spark a world-beating company simply by standing up code on the Internet and/or leveraging the information and relationship network that is the web. That's how Facebook started, after all.
Most of the great businesses of our time have experimented. Like Google.
I'm just more excited about helping new entrepreneurs create the next Facebook or Google.
The reason that Google was such a success is because they were the first ones to take advantage of the self-organizing properties of the web. It's in ecological sustainability. It's in the developmental power of entrepreneurship, the ethical power of democracy.
It's worth noting that everything - from the Internet to electric cars, genomic sequencing, mobile apps, and social media - were pioneered by startups, not existing companies.
Google was founded to get information to everybody. A by-product of that strategy is that we invented an advertising business which has provided great economics that allows us to build the servers, hire the employees, create value.
Before Google, and long before Facebook, Bezos had realized that the greatest value of an online company lay in the consumer data it collected.
People's mouse clicks decide what businesses, services, and content succeed. Users have equal access to tiny businesses with viral ideas and blue-chip companies, allowing these enterprises to compete on their own merits. It's how so many small start-ups have been able to become Internet success stories.
As with Google, Facebook was a place that just concentrated a lot of top talent. It's just sort of natural that those people would go on and continue to be successful.
Facebook, Google, Apple, Yahoo - there's a common theme. None of these companies ever sold. By staying independent, they were able to build a great company.