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Bezos talks about this in his talks (seen too many to remember which, but see his interview at the Economic Club with David Rubenstein); he mentioned "when you
by pgayed 7y ago
Bezos talks about this in his talks (seen too many to remember which, but see his interview at the Economic Club with David Rubenstein); he mentioned "when you open up a buffet, at first you attract all the biggest eaters [high-order, high-return rates]!" By being generous, you surrender earnings but serve those patrons and build out the system.