He was VP of a hedge fund, and assigned the project of investigating the potential of online commerce on the nascent Web by the company. He did so, and concluded that there was enormous potential, but after his report, the company decided to pass on it.
Clearly, he was right about the potential. If he’d been better at his job/more persuasive, D.E. Shaw & Co. would have invested in the Web, and he would not have had reason to leave and start Amazon.
That’s a pretty stupid conclusion to draw. You have no idea why the hedge fund passed on the investment, and the only reason you conclude it’s because Bezos was bad at his job is because you personally don’t like him. And more to the point, because you want to get upvoted in this thread.
It’s just an amateurish, embarrassing argument. If you want to skewer billionaires there are plenty of legitimate gripes, but it’s self-evident that most billionaires are pretty damn good at their jobs, hence the success. Sure they’re also lucky and privileged, but there are tons of other people with the same privileges that accomplish nothing.
This meme is just pure brain rot tbh. Do better Lemmy 😤
JB is a cunt, but you are just butthurt because that guy is right, your argument is flawed.
By your logic any person who has ever been tasked with performing an analysis and giving a recommendation which has not been actioned by their superiors sucks at their job. That is basically anyone who has ever done such work.
The person you replied to didn’t claim JB got rich from working hard. You are just trying to put words in people’s mouths now in a desperate attempt to shift the point.
The point is, your claim that JB sucked at his previous job because he made a recommendation and his bosses decided not to go with it is a laughable and completely naive point of view and clearly comes from a position of ignorance.
Bezos didn’t get rich by working harder, though. No billionaires ever did. That’s what I mean to convey—to everybody in a public forum and not just one commenter—and I’m right. Throwing insults doesn’t change it.
Ha ha. Clearly the avg lemmy user is inexperienced or business ignorant. The site does lean heavy Marxist, which says plenty of their reasoning skills. I was thinking the same thing as you and you’re getting skewered for it. Hedge funds are not looking for a 20+ year ROI, which is what it took Bezos. That’s the simplest answer I can think of, but I’m sure there’s plenty more reasons they didn’t think young Bezos’ idea was worth throwing millions at.
Seriously. Jeff Bezos got super-rich by literally being bad at his job.
How?
He was VP of a hedge fund, and assigned the project of investigating the potential of online commerce on the nascent Web by the company. He did so, and concluded that there was enormous potential, but after his report, the company decided to pass on it.
Clearly, he was right about the potential. If he’d been better at his job/more persuasive, D.E. Shaw & Co. would have invested in the Web, and he would not have had reason to leave and start Amazon.
That’s a pretty stupid conclusion to draw. You have no idea why the hedge fund passed on the investment, and the only reason you conclude it’s because Bezos was bad at his job is because you personally don’t like him. And more to the point, because you want to get upvoted in this thread.
It’s just an amateurish, embarrassing argument. If you want to skewer billionaires there are plenty of legitimate gripes, but it’s self-evident that most billionaires are pretty damn good at their jobs, hence the success. Sure they’re also lucky and privileged, but there are tons of other people with the same privileges that accomplish nothing.
This meme is just pure brain rot tbh. Do better Lemmy 😤
I don’t know who or what hurt you, but I hope tomorrow is better.
JB is a cunt, but you are just butthurt because that guy is right, your argument is flawed.
By your logic any person who has ever been tasked with performing an analysis and giving a recommendation which has not been actioned by their superiors sucks at their job. That is basically anyone who has ever done such work.
My argument has a lot more evidence behind it than the usual “people get rich because they worked harder,” at least.
The person you replied to didn’t claim JB got rich from working hard. You are just trying to put words in people’s mouths now in a desperate attempt to shift the point.
The point is, your claim that JB sucked at his previous job because he made a recommendation and his bosses decided not to go with it is a laughable and completely naive point of view and clearly comes from a position of ignorance.
You’re wrong, deal with it buddy.
Bezos didn’t get rich by working harder, though. No billionaires ever did. That’s what I mean to convey—to everybody in a public forum and not just one commenter—and I’m right. Throwing insults doesn’t change it.
Fuck off bootlicker
Ha ha. Clearly the avg lemmy user is inexperienced or business ignorant. The site does lean heavy Marxist, which says plenty of their reasoning skills. I was thinking the same thing as you and you’re getting skewered for it. Hedge funds are not looking for a 20+ year ROI, which is what it took Bezos. That’s the simplest answer I can think of, but I’m sure there’s plenty more reasons they didn’t think young Bezos’ idea was worth throwing millions at.
Bud you think China is going to try to invade Taiwan, maybe you need some marxism in your life.
Or you could keep being uneducated to the point of gullibility, your choice.
I bet D.E. Shaw & Co. Are kicking themselves right now lol.
That’s not what I would call being bad at your job…
Fair enough, but we’ll have to agree to disagree. I figure that getting hedge fund managers to take a pass on easy money isn’t competence. 😜
Failing upwards