Jeff's Letters

2001 Letter - The Flywheel Evolves


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The 2001 Letter. Jeff discusses how Amazon has hit a point where both growth and cost reductions can be funded. Then he details how the relationship between the two of them creates a virtuous loop. It's the beginning of the infamous Flywheel!

Lastly, he reiterates why Amazon focuses on cashflows.

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Jeff's LettersBy Preet Anand

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