Blodget recalled a discussion he had with Bezos about how he should allocate his time between management and editorial.
Bezos responded by saying he really only had one request as an investor, Blodget recounted. "He said, 'I am going to beg you to say CEO.'" On Wednesday, Blodget, a former Wall Street analyst-turned media entrepreneur, also described pressing Bezos on the reason. "[Bezos] said, 'Because you don't even realize it, but every day you are making dozens of little course corrections. You all are inventing a new model for journalism.
The Insider boss said he has confidence in Jassy, saying he thinks Amazon will "be in great shape for a while," adding it'll probably take three to five years before outsiders can determine whether the CEO change will "be a big deal."
Was it: buy FAANG and close your eyes