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Jeff Bezos 2018 Letter to Shareholders

🔒 www.sec.gov

Bezos annual shareholder letters aren’t as well known as Buffet’s Berkshire Hathaway ones, but they are very spirited and go back to Amazon’s core values. This Prime milestone is amazing.

13 years post-launch, we have exceeded 100 million paid Prime members globally. In 2017 Amazon shipped more than five billion items with Prime worldwide, and more new members joined Prime than in any previous year — both worldwide and in the U.S.

Also on AWS:

AWS has also accelerated its pace of innovation — especially in new areas such as machine learning and artificial intelligence, Internet of Things, and serverless computing. In 2017, AWS announced more than 1,400 significant services and features…

I’m amazed that the pace of change at AWS is increasing as it has scaled up. I think it may be the first example in existence of a software platform that moved faster as it got larger.

Posted on April 20, 2018

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