Word: shared
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Dates: during 1990-1999
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...even as sales tripled to about $38 million and the ranks of its notoriously loyal customers nearly quadrupled. And those losses are expected to continue at least through 1999. Bezos insists that focusing on profits during this growth phase would be a "strategic mistake." Amazon's proponents believe market share is what matters, and the company will reap its earnings rewards when online buying heats up and its marketing blitz cools down. Says Henry Blodget, an analyst with CIBC Oppenheimer: "They are investing money, not 'losing' money...
...envision a society of brave new benignity and rationality, in which a sort of humane disposal system would tidy up and whisk away to dreamland the worst-case geezers and crones. They are, after all, incredibly expensive and unproductive; the poor droolers cost a fortune, the lion's share of an already out-of-control medical budget. They are miserable in their lives. And they are a terrible inconvenience to that strain of the American character that has sought to impose rational control on all aspects of life (race relations, gender relations, child rearing, diet, marriage) but, at its worst...
Apple floundered for the next decade or so, its market share dwindling to single digits. Jobs resigned himself to swimming in smaller and smaller ponds, founding NeXT, which made an elegant jet-black computer for the university market, but not much money, and buying Pixar, which eventually produced such computer-animated film masterpieces as Toy Story and A Bug's Life. In 1995, just after Toy Story's release, Jobs took Pixar public in an exquisitely timed IPO that made him, for the first time, a billionaire...
...Rockefeller amassed a fortune that beggared description. When his net worth peaked at $900 million in 1913, it was equivalent to more than 2% of the gross national product; such a share today would be worth $190 billion, or nearly three times as much as Bill Gates' wealth...
...Parade, Ben Hur, Anna Christie, Grand Hotel, Mutiny on the Bounty and The Wizard of Oz. Thalberg was increasingly resistant to playing Andy to Mayer's Judge Hardy. By 1936, Mayer was the highest-salaried executive in America, breaking the million-dollar barrier. Thalberg felt entitled to an equal share. For his part, L.B. had begun to resent the prevailing opinion that Thalberg was the genius behind MGM's achievements, and Mayer the engineer who kept the plant humming...