I’m fascinated by what Jeff Bezos may do with the Washington Post, and I’m not the only one. I think he certainly has a big-picture idea of where it’s going, no matter what he says. He’ll work out the details as he goes, but he has a blueprint. From an article by David Streitfeld and Christine Haughney in the New York Times, another traditional newspaper trying to traverse the digital divide:
“‘Jeff may be outwardly goofy, with that trademark laugh, but he’s a very tough guy,’ said James Marcus, who was Amazon employee No. 55. ‘If he goes even halfway through with his much-vaunted reinvention of journalism, there is no way he’s not going to break some eggs.’
Mr. Bezos is the sole founder, the public face, the largest shareholder and the visionary of Amazon. ‘For many of us, creating Earth’s biggest bookstore would have been enough,’ said Kerry Fried, employee No. 251. ‘Jeff’s goal was a touch grander: to conquer the world.’
He has more than his share of detractors — just ask your neighborhood bookseller, if you can find one. But it is increasingly hard to dispute that he is the natural heir of Steve Jobs as the entrepreneur with the most effect on the way people live now.
Amazon, which is as much a reflection of Mr. Bezos’ personality as a corporation worth $125 billion can be, is by far the fastest-growing major retailer, although that simple label long ago ceased to suffice. It is also a movie studio, an art gallery (a 1962 Picasso,’Jacqueline au Chapeau Noir,‘ can be had for $175,000) and a publisher. It is an empire that spans much of the globe and even has its own currency, Amazon Coins. What it does not have much of, and never did, are old-fashioned profits.”
Tags: Christine Haughney, David Streitfeld, James Marcus, Jeff Bezos, Kerry Fried