Visit ⁠Dear Shareholders⁠ website to get updates and vote on what shareholder letters come next.

Show Notes:

• Amazon's business strategies and growth. 0:10

  • Amazon CEO highlights Prime's success, 10s of millions of members worldwide.

  • Amazon invests heavily in reading and video content, with a focus on selection and desirability.

• Amazon's video and audio offerings. 3:47

  • Amazon Prime Instant Video offers over 40,000 movies and TV episodes, including exclusive seasons of popular shows like Downton Abbey and The Americans.

  • Fire TV, launched after two years of development, offers voice search, instant access to over 200,000 movies and TV episodes, and high-quality games for living room entertainment.

  • Dr. Ron Minuchin must prevent an invasion on Earth with the help of a team using a unique combination of tower defense and shooter gameplay in a co-op mode.

  • Audible, the world's largest seller and producer of audiobooks, saw a significant increase in downloads and listening hours in 2013, with popular titles including Jake Gillan's performance of The Great Gatsby.

• Amazon's innovative HR practices and services. 9:30

  • Amazon expands grocery delivery service, AWS innovation accelerates.

  • Amazon offers programs to help employees pursue their career goals and work-life balance.

• Amazon's innovation and growth strategies. 13:52

  • Amazon prioritizes hiring and supporting military veterans, with programs to help them transition to civilian life.

  • Amazon invests in urban campuses, fast delivery, and drone technology to improve customer experience.

  • Amazon pioneered online customer reviews and now offers a platform for customers to ask questions about products, with millions of questions answered.

  • Amazon's frustration-free packaging initiative has grown to over 200,000 products, reducing packaging waste and benefiting millions of customers worldwide.

• Amazon's innovative programs and initiatives. 20:59

  • Speaker 1 highlights the growth of Fulfillment by Amazon (FBA), with a 65% increase in sellers using the service last year.

  • FBA offers benefits for both sellers and customers, including Prime free two-day shipping and increased sales for sellers.

  • Speaker 1 highlights Amazon Smile, a simple way for customers to support their favorite charities with each purchase.

  • Speaker 2 raves about the Mayday feature on Fire HDX, an on-device tech support system with a 15-second response time and personalized assistance from Amazon experts.

  • Jeff Bezos highlights Amazon's innovative culture and emphasizes the importance of failing early and iterating to succeed.

  • Bezos pays tribute to Joy Kobe, a former Amazon CFO, who left an indelible mark on the company's culture and values.