Quotes by Brad Stone - Page 1

Airbnb is a company with values around hospitality.
Brad Stone /
Airbnb
Company
Hospitality
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Ultimately, Amazon is a weather pattern that disturbs everything around it.
Brad Stone /
Weather
Pattern
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Until you prove yourself, modeling the behavior of iconoclasts is dangerous.
Brad Stone /
Modeling
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I don't think value to the customer is achieved at the expense of employees' welfare.
Brad Stone /
Welfare
Achieved
Customer
Employees
Expense
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Uber's issue, I think the biggest one is driverless cars. That could be a complete reset to the business.
Brad Stone /
Car
Uber
Biggest
Complete
Issue
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I think Facebook has a lot of work to do to make sure people are seeing meaningful things and not garbage.
Brad Stone /
Garbage
Meaningful
Work People Things
Facebook
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Executives are rarely comfortable speaking on the record, particularly in secretive Silicon Valley companies.
Brad Stone /
Executives
Secretive
Silicon
Silicon Valley
Rarely
Valley
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For decades, technology entrepreneurship has been revered, and people like Steve Jobs and Elon Musk were heroes.
Brad Stone /
Jobs
Technology
Decades
Entrepreneurship
Heroes
Been
Elon Musk
Revered
Steve
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I spend a little bit of time exploring why the companies that were doing smartphone ride-hailing before Uber, why they failed.
Brad Stone /
Exploring
Uber
Failed
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No matter how hard we strive for objectivity, writers are biased toward tension - those moments in which character is forged and revealed.
Brad Stone /
Biased
Character
Forged
Hard
Matter
Moments
Objectivity
Strive
Tension
Those
How
Writers
Revealed
Toward
Which
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Airbnb's genius was moving into cities and recognizing that millennials would want to go and maybe spend a vacation or visit some friends in an urban center.
Brad Stone /
Vacation
Airbnb
Cities
Genius
Millennials
Moving
Recognizing
Urban
Center
Spend
Visit
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Amazon may be the most beguiling company that ever existed, and it is just getting started. It is both missionary and mercenary... That has always been a potent combination.
Brad Stone /
Combination
Getting Started
Mercenary
Missionary
Existed
Potent
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I think for Amazon's customers, it offers a kind of addictive service - the ability to shop without leaving your house, the ability to read without going to a bookstore or a library.
Brad Stone /
Customers
Offers
Addictive
Bookstore
Shop
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Amazon is famously run by studying and responding to its own data; yet when it comes to promotions, decisions are often subjective and guided by human emotions and petty political dynamics.
Brad Stone /
Data
Dynamics
Human Emotions
Petty
Responding
Subjective
Decisions
Run
Emotions
Guided
Promotions
Studying
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I think the idealism has always been marketing. Even back in the early days of Apple and the 'pirate' mentality, they were building a computer that they wanted to differentiate from IBM and Microsoft.
Brad Stone /
Computer
Differentiate
Ibm
Marketing
Mentality
Microsoft
Pirate
Apple
Early Days
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There's a new set of transformative technologies such as machine learning, AI, and virtual reality that will spawn another set of big tech franchises. But in terms of cultural impact, perhaps we are at peak Valley.
Brad Stone /
Spawn
Virtual Reality
Ai
Cultural
Machine
Peak
Tech
Transformative
Valley
Virtual
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Uber, and Airbnb to a different extent, implemented the same battle plan. Bezos is an investor in both companies and, to some degree, has relationships with both CEOs. It is not a surprise that they are heirs to Amazon.
Brad Stone /
Airbnb
Battle
Heirs
Surprise
Uber
Ceos
Extent
Implemented
Investor
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A lot of the drawbacks, a lot of the difficulties that Uber has had, have been completely predictable, and they handled them poorly, so by their own standards they made a lot of mistakes, and I think that they would admit that.
Brad Stone /
Drawbacks
Predictable
Standards
Uber
Admit
Mistakes
Difficulties
Handled
Poorly
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With tough interpretation of taxi and zoning regulations, neither Uber nor Airbnb would have gotten started. By the time many cities recognized their existence, both were fairly large and had the political support of their customers.
Brad Stone /
Airbnb
Cities
Customers
Interpretation
Taxi
Tough
Uber
Fairly
By The Time
Gotten
Large
Neither
Nor
Recognized
Regulations
Zoning
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The one thing that Airbnb had was, Brian and Joe were designers, and they did a great job. They also had Nate Blecharczyk, who was the CTO, who I describe his history as a high schooler and at Harvard as really a creator of tools for spammers.
Brad Stone /
History
Airbnb
Brian
Creator
Great Job
Harvard
One Thing
Tools
Job
Did
Describe
High
Joe
The One Thing
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As we have seen again and again, when Amazon doesn't get the economic conditions from suppliers that it seeks, it simply goes its own way. In the book business, that has meant publishing its own titles under the various Kindle imprints. Now it's making diapers.
Brad Stone /
Conditions
Diapers
Publishing
Suppliers
Titles
Seeks
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Life inside successful Web startups - especially the really successful ones - can be nasty, brutish, and short. As companies grow exponentially, egos clash, investors jockey for control, and business complexities rapidly exceed the managerial abilities of the founders.
Brad Stone /
Clash
Exceed
Founders
Investors
Nasty
Life Business Grow
Complexities
Egos
Exponentially
Jockey
Managerial
Rapidly
Startups
Web
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On Sept. 12, 2016, there was a momentary realignment in the constellation of global business. For the first time, the five largest public corporations in the world by market capitalization were all technology companies: Apple, Alphabet, Microsoft, Amazon.com, and Facebook.
Brad Stone /
Technology
Alphabet
Corporations
First Time
Five
Microsoft
Momentary
Time Business World
Apple
Companies
Public
Facebook
Global
Largest
Market
Sept
Technology Companies
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The emergence of Uber X was really the most important pivot maybe in the history of Silicon Valley. It's a vast majority of Uber's revenues, and so that flexibility and the rapid growth and the fighting the battles, it's all Travis. You can't take any credit away from him.
Brad Stone /
Credit
Emergence
Fighting
Growth
Majority
Rapid Growth
Silicon
Silicon Valley
Uber
Battles
Maybe
Rapid
Revenues
The Most Important
Valley
Vast Majority
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I don't think we yet know - because it's probably not big enough - what exactly Amazon does to our cities, but whatever it is, I don't anticipate retail wastelands. If anything, it's maybe a wake-up call to retailers that they just have to offer something meaningful to customers.
Brad Stone /
Anticipate
Cities
Customers
Meaningful
Retail
Wake Up Call
Big Enough
Exactly
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Donald Trump won, or he got the majority of the electoral votes, a large majority. I think it would be patronizing to say that the majorities of people in Florida and Ohio, smaller majorities in Wisconsin and Michigan, that they voted for him because they were misled by something on Facebook.
Brad Stone /
Florida
Majority
Michigan
Misled
Ohio
Patronizing
Trump
Wisconsin
People Something Think
Voted
Donald
Donald Trump
Electoral
Won
Facebook
Large
Smaller
Votes
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There are lots of retailers that are now scrambling to emulate the Amazon model, so Amazon does not have a monopoly on same-day distribution or broad selection or low prices. All that said, there are advantages that accrue to the largest player, so I don't see much in the way of Amazon slowing down.
Brad Stone /
Distribution
Emulate
Monopoly
Selection
Slowing
Advantages
Broad
Largest
Prices
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I think it's a competitive advantage that both Amazon and Google and other tech companies have over a lot of their counterparts. They take big risks and are pioneering new markets with the promise of big rewards. It's why Amazon is kind of reliably starting new businesses and opening kind of new frontiers.
Brad Stone /
Advantage
Competitive Advantage
Counterparts
Frontiers
Google
Opening
Pioneering
Promise
Rewards
Starting
Why
Businesses
Companies
Competitive
Markets
Reliably
Tech
Tech Companies
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We see Google experimenting in so many places outside of its core search and advertising business, whether that's bringing broadband Internet to the world or funding an entirely separate company to pursue solutions to disease and mortality. Amazon's one of the few other companies that thinks as big as Google does.
Brad Stone /
Advertising
Broadband
Disease
Funding
Google
Mortality
Pursue
Solutions
Business World Internet
Bringing
Entirely
Experimenting
Search
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There are lots of lessons to learn from Amazon. Never stop innovating or questioning the fundamentals of your business. Disrupt yourself before others do. Continually motivate employees so that they never get too complacent - see Yahoo, AOL and many other Internet companies for evidence of what happens when they do.
Brad Stone /
Complacent
Evidence
Fundamentals
Lessons
Questioning
Business Yourself Your
Lots
Aol
Companies
Continually
Disrupt
Employees
Motivate
Never Stop
Yahoo
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Certainly some hosts on Airbnb are opening up their spare bedrooms to meet new people; and some drivers use Uber to carpool with strangers for the companionship. But the most productive members of each community are professional operators, making available their homes or cars as a way to earn or supplement a living.
Brad Stone /
Car
Airbnb
Available
Community
Companionship
Drivers
Members
Opening
Uber
Community People New
Living
People New Way
Bedrooms
Certainly
Each
Homes
Hosts
Making
Meet
New People
Strangers
Spare
Supplement
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Brad Stone Quotes - Page 1

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