Detailed text transcripts for TV channel - MSNBC - 20190218:02:33:00
1300 workers were laid off. most important bezos convinced wall street to be patient, selling investors on the long-term vision of amazon over short-term profits. >> despite all of your success, profit remains a dim light at the end of the tunnel. >> well first of all you're right. of course we are a famously unprofitable company. but that is a deliberate strategy. we are investing. >> bezos took his profits and used them to fill the site with ab ever expanding list of new products. toy, electronics, hardware, even clothes. product launches became media events with bezos front and center. >> t...