As someone who's been in Amazon for 7 years and has seen the constant decline since Jassy took over, I have to say he once again delivers disappointment.
This is by far the longest letter to shareholders ever written, and yet it's the least inspiring. All he does is try to justify the choices he has made since he has become CEO.
It’s interesting because I just watched an interview with him on cnbc and left it with much the same thoughts. Not that I took issue with anything in particular but he really didn’t say anything particularly insightful it was just bland, zero risk platitudes which to me is shocking for the CEO of what is supposed to be one of the most forward thinking companies in history. Like give us some bold predictions, opinions, etc. Not a great sign for Amazon imo
In hockey (now on Prime - Monday nights!) you hear the saying about goalies "good to be lucky; lucky to be good". That could be a summary of Jassy's career. It's no coincidence he highlights the growth of AWS over the past 10 years right up front; this coincides with his tenure and when he accelerated his climb. I don't know the man at all, but this letter is exactly like every public speech and post I've ever seen or heard from him: a bowl of plain oatmeal that's completely on-brand.
This is by far the longest letter to shareholders ever written, and yet it's the least inspiring. All he does is try to justify the choices he has made since he has become CEO.
He is just so lame.