Octopus for Breakfast: Jeff Bezos's Bizarre Investing Strategy
Credit : Twitter.com
19th November 2022
Amazon Boss Jeff Bezos has some unique bizarre Investing Strategy
In 2014 Amazon acquired Woot.com
Something bizarre happened when Woot Founder Matt Rutledge met Jeff Bezos
Amazon CEO ordered breakfast for them
When the breakfast came Rutledge shocked!
It was Octopus ordered for breakfast
He asked Jeff Bezos for the reason
Bezos said that actually, it's symbolic
The Octopus is Matt's company Woot.com which Amazon is acquiring.
There is a hidden lesson behind the acquisition
In order to create a sustainable business model
It's very important to create a service or product which can't be replicated
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