announcing the $1.2 billion all-stock sale of Zappos to Amazon in 2009 is a reminder of the extraordinary company culture he nurtured.
Amazon CEO Jeff Bezos recognized much of Zappos' value lay in its customer relationships and culture, so he agreed to structure its takeover to leave them intact. The transaction echoed Warren Buffett's approach of acquiring quality companies with solid management and trusting them to perform with minimal intervention.
Here are Hsieh's 6 best quotes from his memo to Zappos staff, lightly edited and condensed for clarity:
95% only bad news(
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
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Inside the tragic last months of ex-Zappos CEO Tony Hsieh - Business InsiderTony Hsieh sold Zappos for $1.2 billion in his 30s. He was dead by 46. Inside his final Park City months, where he hoped to deliver more happiness as he spiraled.
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Lessons from 'Delivering Happiness' by former Zappos CEO Tony Hsieh - Business InsiderTony Hsieh, the late former CEO of Zappos, wrote the definitive playbook on corporate culture. Here are 4 lessons from his bestseller 'Delivering Happiness.' anti-Marxismlist! On my opinion, the human society is running on these: 1 technology define theoretical economic aggregate 2 labour define gross economy 3 finance system define distribution of wealth from gross economy
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