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business in a couple short years to where it’s worth millions and billions of dollars today.
They were interviewing him and asking him about technology and where the Internet was going. In particular, one thing he said struck us and really had us thinking. The person doing the interview asked him about all the branches and the things he was starting to do. They started off selling books. Now, they’re into videos and CD’s. They’re even starting to sell toys and other things, branching out more and more into many different markets.
The gentleman who was interviewing Mr. Bezzos said, “There are a lot of competitors rising up against you and trying to compete with you. You may be the biggest now, but how do you feel about all these competitors?”
Mr. Bezzos calmly replied, “Look, first of all, I firmly believe there’s plenty of room for everybody out there. There’s nothing I can do to stop the progress of the Internet and technology and how it all develops. There’s nothing I can do to stop people from competing. In fact, competition is good for everybody. I think there’s going to be plenty of money made and lots of success stories in the coming couple of years. You are going to hear about lots of other websites like ours that went from rags to riches, from being in a garage to making billions of dollars. You are going to hear lots of stories about that.”
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