Compare the book rankings with the New York Times bestseller list-which one is more diverse? The Kindle list is crowded with works from small publishing houses and self-published authors, while the New York Times list is dominated by successful, well-known authors.

Amazon people are facing the future, carrying out radical and transformative innovations, creating value for thousands of authors, entrepreneurs and developers. Invention has become second nature to Amazon. In my opinion, the team’s pace of innovation is even accelerating-I can assure you, this is very encouraging. I am very proud of the whole team and I am lucky to sit in the front row.

As usual, I attach a copy of our original letter from 1997. Our method is still the same, and it is still the first day!

Jeffrey P. Bezos

Founder and CEO of Amazon.com

This article is from WeChat official account:JieJingWiKi (ID: JieJingWiKi), article source: Amazon shareholder letter 2011