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Stop the Presses: A New Press Lord Appears – Amazon Founder and CEO Jeff Bezos

Word that Amazon Founder and CEO Jeff Bezos is buying The Washington Post might cause consternation in its newsroom, but uneasy journalists wondering about what lies in store might be reassured if they read the letters he has sent to shareholders since 1997.

Most annual letters to shareholders are crammed with fatuous drivel. A few stand out. Warren Buffett’s commentaries on the performance of Berkshire Hathaway have long been compulsory reading for investors. Jeff Bezos’ reports on Amazon should be required reading – not just for the journalists who are about to become his employees – but also for anyone aspiring to build and lead a company.

Michael Moritz
Chairman, Sequoia Capital

Full Story: http://www.linkedin.com/today/post/article/20130805231302-25760-stop-the-presses-a-new-press-lord-appears

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