Amazon, Business, Jeff Bezos, Failures, Fire Phone, Amazon Echo, Amazon Fire Phone, Bets, Risk, Risks,

Amazon CEO Jeff Bezos says multibillion-dollar failures are actually a good thing: ‘If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle’

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Alex Wong/Getty Images Amazon CEO Jeff Bezos believes that Amazon should be making big bets that will occasionally result in "multibillion-dollar failures." His annual letter to shareholders spells out why: "Amazon will be experimenting at the right scale for a company of our size," he says, "if we occasionally have multibillion-dollar failures." This view lines […]

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