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1
00:00:17,123 --> 00:00:18,957
Five, four...
2
00:00:19,125 --> 00:00:20,426
Command engine start.
3
00:00:20,526 --> 00:00:22,795
Two, one. Ignition.
4
00:00:39,512 --> 00:00:41,480
WOMAN:
Oh, yeah, look at her go!
5
00:00:41,647 --> 00:00:43,682
Mission control has confirmed
New Shepard has cleared
6
00:00:43,816 --> 00:00:46,785
the tower on her way
to space from Launch Site One
7
00:00:46,885 --> 00:00:50,689
in the west Texas desert with
Mannequin Skywalker on board.
8
00:00:55,661 --> 00:00:57,363
JEFF:
I was born into great wealth.
9
00:00:57,496 --> 00:00:59,232
Not monetary wealth,
10
00:00:59,365 --> 00:01:00,999
but the wealth
of a loving family.
11
00:01:01,634 --> 00:01:04,370
A family that fostered
my curiosity
12
00:01:04,970 --> 00:01:07,005
and encouraged me
to dream big.
13
00:01:09,342 --> 00:01:13,746
My mom, Jackie, had me
when she was 17 years old.
14
00:01:15,848 --> 00:01:19,918
My dad's name is Miguel.
He adopted me when I was four.
15
00:01:21,554 --> 00:01:24,089
He was 16 when he came
to the United States
16
00:01:24,223 --> 00:01:27,493
from Cuba, shortly after
the Castro Regime.
17
00:01:30,329 --> 00:01:32,398
My dad didn't speak English
18
00:01:32,531 --> 00:01:34,867
and he did not have
an easy path.
19
00:01:35,000 --> 00:01:38,103
What he did have was grit
and determination.
20
00:01:38,871 --> 00:01:41,207
Together,
with my grandparents,
21
00:01:41,374 --> 00:01:43,041
these hard-working,
22
00:01:43,176 --> 00:01:46,044
resourceful, and loving
people made me who I am.
23
00:01:50,749 --> 00:01:53,452
I walked away from
a steady job on Wall Street
24
00:01:53,586 --> 00:01:56,455
into a Seattle garage
to pursue my dream,
25
00:01:56,922 --> 00:01:59,692
fully understanding
that it might not work.
26
00:02:00,793 --> 00:02:04,430
It feels just like yesterday
I was driving packages
27
00:02:04,563 --> 00:02:06,064
to the post office myself,
28
00:02:06,732 --> 00:02:10,303
dreaming that one day
we might afford a forklift.
29
00:02:13,439 --> 00:02:15,140
You earn trust slowly,
over time,
30
00:02:15,274 --> 00:02:17,210
doing hard things well.
31
00:02:18,076 --> 00:02:21,214
We offer fast shipping
and everyday low prices.
32
00:02:21,980 --> 00:02:23,982
We make promises
to our customers
33
00:02:24,116 --> 00:02:25,551
that we intend to keep.
34
00:02:26,585 --> 00:02:28,821
We make principled decisions,
35
00:02:28,954 --> 00:02:32,658
however unpopular,
and our approach is working.
36
00:03:23,809 --> 00:03:26,044
Jeff, David just asked
about you, let's go.
37
00:03:26,178 --> 00:03:28,314
-We're late.
-Shit!
38
00:03:30,849 --> 00:03:33,952
Oh, my goodness,
how are you always late?
39
00:03:34,052 --> 00:03:35,888
'Cause I'm always working.
40
00:03:36,822 --> 00:03:38,724
Let's see how well that excuse
works on David.
41
00:03:40,693 --> 00:03:43,195
-Is this a sleeping bag?
-No.
42
00:03:49,502 --> 00:03:52,538
You do know that
that's a poor answer
43
00:03:52,671 --> 00:03:54,340
to tell me that
that's a jump bag
44
00:03:54,507 --> 00:03:55,974
instead of a sleeping bag
45
00:03:56,074 --> 00:03:57,743
when you have a pillow
sticking out of it?
46
00:03:57,876 --> 00:04:01,179
-You believe it.
-Come on, man.
47
00:04:02,080 --> 00:04:03,482
Okay, here we go.
48
00:04:03,582 --> 00:04:05,250
Mr. Bezos,
thanks for joining us.
49
00:04:05,384 --> 00:04:06,852
You mean, I had a choice?
50
00:04:06,985 --> 00:04:08,521
Back to what
we were talking about.
51
00:04:08,687 --> 00:04:10,356
Look, we're not gonna
spend all day
52
00:04:10,489 --> 00:04:12,024
talking about how great
our quarter was.
53
00:04:12,190 --> 00:04:13,726
Our numbers are fine,
54
00:04:13,859 --> 00:04:15,394
but that's not
what we're gonna do.
55
00:04:15,528 --> 00:04:17,062
We wanna talk about
how we're gonna move
56
00:04:17,195 --> 00:04:18,697
the business forward, right?
57
00:04:18,864 --> 00:04:20,733
So, I wanted to spend
a little time going over
58
00:04:20,866 --> 00:04:22,701
an idea that Anton
and his team brought us.
59
00:04:22,868 --> 00:04:25,671
Let's put it up on the board.
Online brokerage.
60
00:04:26,439 --> 00:04:29,575
The idea that we would
actually start transacting
61
00:04:29,708 --> 00:04:31,877
completely online.
62
00:04:32,044 --> 00:04:34,112
Where consumers
can go on and instantaneously
63
00:04:34,246 --> 00:04:35,848
execute a trade.
64
00:04:35,948 --> 00:04:38,050
Now, I think all of you
are kind of wondering
65
00:04:38,216 --> 00:04:39,718
how it's gonna affect us
on the fee side,
66
00:04:39,885 --> 00:04:41,420
and there's gonna be less fee,
67
00:04:41,554 --> 00:04:43,221
but there's also gonna be
less cash going out.
68
00:04:43,356 --> 00:04:45,057
That's a win-win for everybody,
isn't it?
69
00:04:45,190 --> 00:04:47,726
As we move forward,
I wanna see good ideas,
70
00:04:47,860 --> 00:04:50,095
the next big idea.
71
00:04:50,963 --> 00:04:52,297
Does that make sense to you?
72
00:04:52,765 --> 00:04:54,700
And remember one thing:
73
00:04:54,800 --> 00:04:56,268
It's all about the data.
74
00:05:30,936 --> 00:05:32,237
I don't know, I just...
75
00:05:33,606 --> 00:05:34,973
feel like I'm in a rut.
76
00:05:36,775 --> 00:05:38,944
Sometimes like I don't want
to get back into writing.
77
00:05:39,111 --> 00:05:40,779
You should, 100%.
78
00:05:41,447 --> 00:05:44,450
Yeah, but there's
no money in that.
79
00:05:45,317 --> 00:05:46,685
Could be.
80
00:05:46,819 --> 00:05:48,487
You're an amazing writer,
you know that.
81
00:05:49,955 --> 00:05:51,824
You're my husband,
you have to say that.
82
00:05:51,957 --> 00:05:53,459
I'm serious!
83
00:05:53,626 --> 00:05:55,093
Some of the stuff
you've written
84
00:05:55,193 --> 00:05:56,762
just makes me want to cry.
85
00:05:56,862 --> 00:05:58,864
-Ugh.
-And I have several times.
86
00:05:58,997 --> 00:06:00,533
-Oh, stop.
87
00:06:06,839 --> 00:06:09,374
You're amazingly talented.
You know that.
88
00:06:12,811 --> 00:06:14,346
Thank you.
89
00:06:15,948 --> 00:06:17,983
It's just easier said
than done sometimes.
90
00:06:20,519 --> 00:06:23,055
With the job and all, I just
don't have as much time for it.
91
00:06:25,791 --> 00:06:28,494
And it's not like
I don't love my job,
92
00:06:28,661 --> 00:06:30,896
I'm so grateful
for the opportunity, but...
93
00:06:32,531 --> 00:06:36,569
I never imagined myself
as a glorified secretary.
94
00:06:39,071 --> 00:06:40,573
You're not a secretary.
95
00:06:41,507 --> 00:06:43,341
You're a novelist trapped
in a boring job,
96
00:06:43,509 --> 00:06:45,210
believe me, I know.
97
00:06:45,343 --> 00:06:48,847
Yeah. VP of the company
understands.
98
00:06:50,683 --> 00:06:52,017
Things are good right now,
99
00:06:52,985 --> 00:06:55,754
but I always pictured I'd start
a business or something.
100
00:06:56,354 --> 00:06:58,657
Never thought that I'd just end
up as another hedge fund guy.
101
00:07:00,693 --> 00:07:02,094
Well, what's stopping you?
102
00:07:03,261 --> 00:07:05,230
Just gotta be there.
103
00:07:06,098 --> 00:07:08,000
No, seriously,
104
00:07:08,100 --> 00:07:10,202
what's-- what's stopping you
from starting your own company?
105
00:07:10,368 --> 00:07:11,937
A business idea.
106
00:07:12,070 --> 00:07:14,072
There's the logistics,
the supply chain,
107
00:07:14,206 --> 00:07:15,708
I-- I don't know
the first thing
108
00:07:15,841 --> 00:07:17,543
about getting a business off
the ground.
109
00:07:18,043 --> 00:07:20,546
Plus, I have a steady job,
why would I risk that?
110
00:07:20,713 --> 00:07:22,715
No, no. Forget that!
111
00:07:22,881 --> 00:07:24,382
You can get another job
if you wanted to.
112
00:07:24,550 --> 00:07:26,051
I mean, with a mind like yours,
113
00:07:26,184 --> 00:07:27,786
you'd get hired
anywhere in an instant.
114
00:07:28,921 --> 00:07:30,222
Seriously.
115
00:07:33,759 --> 00:07:36,361
If you wanna start
your own company,
116
00:07:36,461 --> 00:07:38,230
you should go for it.
117
00:07:42,234 --> 00:07:44,803
You're right.
You're right.
118
00:07:44,937 --> 00:07:46,572
No more excuses.
119
00:07:49,407 --> 00:07:50,743
And there is something.
120
00:07:52,077 --> 00:07:53,478
I read an article
the other day.
121
00:07:54,046 --> 00:07:59,785
Did you know that the internet
is growing at 2,300% a year?
122
00:08:01,319 --> 00:08:03,255
Holy shit, that's a lot.
123
00:08:03,421 --> 00:08:07,259
Yeah. That's an understatement.
Nothing grows at 2,300%.
124
00:08:07,425 --> 00:08:08,727
Ever.
125
00:08:11,930 --> 00:08:13,298
Yeah.
126
00:08:14,099 --> 00:08:18,270
I mean, that's the
million-dollar idea, I guess.
127
00:08:18,403 --> 00:08:20,438
It's-- It's numbers, really,
128
00:08:20,606 --> 00:08:23,275
but if I could find a way
to capitalize on it...
129
00:08:24,309 --> 00:08:26,645
I mean, imagine
if we started a business
130
00:08:26,779 --> 00:08:29,447
and in its first year
did a million dollars in sales
131
00:08:29,615 --> 00:08:31,416
and grew 2,300%.
132
00:08:31,516 --> 00:08:33,952
That means its second year
would do $23 million,
133
00:08:34,119 --> 00:08:36,188
and then if it grew
another 2,300%
134
00:08:36,321 --> 00:08:39,692
it would do $529 million
in its third year.
135
00:08:42,795 --> 00:08:44,329
-Wow.
-Yeah.
136
00:08:45,964 --> 00:08:47,966
Could be the idea
David's been looking for.
137
00:08:49,668 --> 00:08:51,136
Well, are you gonna
tell him about it?
138
00:08:51,670 --> 00:08:54,206
Not yet. I don't even know
what we're gonna sell.
139
00:08:57,042 --> 00:08:58,611
Whatever it is...
140
00:09:00,646 --> 00:09:01,947
it could be big.
141
00:10:50,823 --> 00:10:53,491
Move!
First time in New York?
142
00:11:35,167 --> 00:11:36,501
-Jeff! Jeff!
-One quick minute.
143
00:11:36,634 --> 00:11:38,036
Jeff, he's on a call!
144
00:11:38,170 --> 00:11:39,371
A great opportunity.
145
00:11:39,504 --> 00:11:40,806
I'd-- It'd be a real honor.
146
00:11:41,473 --> 00:11:42,707
Absolutely.
147
00:11:43,475 --> 00:11:45,043
I agree.
148
00:11:45,177 --> 00:11:47,379
-What is this?
-Tomorrow's best idea.
149
00:11:47,512 --> 00:11:49,281
Okay, Tom,
let me give you a call back,
150
00:11:49,381 --> 00:11:50,949
something just came up, okay?
151
00:11:51,049 --> 00:11:52,350
Hey, thanks so much.
152
00:11:54,152 --> 00:11:55,954
That was a friend
at the White House.
153
00:11:56,822 --> 00:11:58,290
President's asking me
to be on his council
154
00:11:58,390 --> 00:12:00,125
for science and technology.
155
00:12:00,225 --> 00:12:02,861
-Congratulations.
-Well, it's important, right?
156
00:12:03,328 --> 00:12:05,197
But obviously
not as important as this.
157
00:12:05,330 --> 00:12:09,401
Tell me something that grows
at a 2,300% annual growth rate.
158
00:12:09,534 --> 00:12:12,037
Outside of petri dishes,
nothing.
159
00:12:13,305 --> 00:12:15,373
Forget about it, keep reading.
Right there.
160
00:12:15,507 --> 00:12:17,242
That's a month's work,
right there.
161
00:12:17,375 --> 00:12:19,177
Jeff,
if you don't shut the fuck up
162
00:12:19,344 --> 00:12:20,913
it's gonna take me
a month to read it.
163
00:12:21,513 --> 00:12:23,081
Forget about it.
Let me bottom line it.
164
00:12:23,715 --> 00:12:26,518
-Books.
-Books? That's your idea?
165
00:12:26,651 --> 00:12:27,853
It's tomorrow's best idea.
166
00:12:27,986 --> 00:12:29,554
The one
you've been looking for.
167
00:12:29,687 --> 00:12:32,057
Jeff, I haven't been looking
for books. In fact,
168
00:12:32,190 --> 00:12:34,359
I don't even know what
the fuck you're talking about.
169
00:12:34,492 --> 00:12:36,694
-Have you gotten any sleep?
-Let me explain it to you.
170
00:12:36,829 --> 00:12:39,865
See, millions of copies of
books are published every year
171
00:12:39,998 --> 00:12:42,367
and-- and millions more
internationally,
172
00:12:42,868 --> 00:12:45,938
but a physical store can only
carry several thousand books.
173
00:12:46,071 --> 00:12:47,672
Well, that's true
of any retailer.
174
00:12:47,772 --> 00:12:49,174
Right, take Barnes & Noble.
175
00:12:49,274 --> 00:12:52,010
$1.6 billion a year in sales.
176
00:12:52,710 --> 00:12:55,780
But any physical
Barnes & Noble store
177
00:12:55,914 --> 00:12:58,083
only has thousands of copies.
178
00:12:58,917 --> 00:13:02,387
Now, add several
of Barnes & Noble stores,
179
00:13:02,554 --> 00:13:04,456
and you still
have thousands of copies.
180
00:13:04,589 --> 00:13:07,125
But there's potentially
millions of copies
181
00:13:07,259 --> 00:13:09,594
that could be sold,
but not in a physical store.
182
00:13:10,896 --> 00:13:13,731
Now, imagine a virtual store
183
00:13:16,568 --> 00:13:19,771
that was open 24 hours a day,
seven days a week,
184
00:13:21,539 --> 00:13:24,642
and could carry an infinite
amount of books,
185
00:13:24,776 --> 00:13:26,879
potentially every book
that ever existed.
186
00:13:27,545 --> 00:13:29,081
Jeff, do me a favor.
187
00:13:29,214 --> 00:13:31,083
Go wash up, shave,
188
00:13:31,216 --> 00:13:32,650
and that sleeping bag
that you have?
189
00:13:32,784 --> 00:13:34,486
Go take a little nap.
190
00:13:34,619 --> 00:13:37,155
And I want you to meet me
in the park in an hour, okay?
191
00:13:57,109 --> 00:14:00,112
-You clean up nice.
-Thanks, David.
192
00:14:00,678 --> 00:14:03,815
You know, it's a great idea
with a good plan.
193
00:14:06,784 --> 00:14:08,753
I'm so relieved you--
you liked it.
194
00:14:08,853 --> 00:14:10,455
I mean, with 76--
195
00:14:10,622 --> 00:14:12,524
Take a look at that guy
over there.
196
00:14:14,759 --> 00:14:16,461
Now take a look at that guy.
197
00:14:19,431 --> 00:14:21,033
Which one
do you think's happier?
198
00:14:23,835 --> 00:14:25,537
-The one with the hotdog.
-Why do you say that?
199
00:14:25,670 --> 00:14:27,839
He's living for the moment.
200
00:14:27,973 --> 00:14:30,642
Does that mean that the other
guy's miserable? Right?
201
00:14:31,309 --> 00:14:32,978
Maybe. Yeah.
202
00:14:33,111 --> 00:14:35,981
Let's jump ahead 20 years
to 2014.
203
00:14:36,114 --> 00:14:37,882
Who do you think's
gonna be happier,
204
00:14:38,016 --> 00:14:40,318
the guy eating hotdogs
that didn't plan for his future
205
00:14:40,452 --> 00:14:42,220
or the guy
who worked his ass off
206
00:14:42,354 --> 00:14:44,156
to get where he wanted to go?
207
00:14:44,656 --> 00:14:47,125
People always make
the same mistake.
208
00:14:47,225 --> 00:14:49,461
They focus on short-term goals
instead of planning
209
00:14:49,561 --> 00:14:51,964
for the future, instead
of planning for the future
210
00:14:52,064 --> 00:14:54,699
and using a short-term strategy
to execute it.
211
00:14:55,533 --> 00:14:58,003
You're the youngest
vice president
212
00:14:58,170 --> 00:15:00,472
of the fastest growing
hedge fund in America.
213
00:15:00,905 --> 00:15:02,740
You make a six-figure salary.
214
00:15:03,508 --> 00:15:05,677
Your coworkers respect you,
215
00:15:05,843 --> 00:15:08,413
and you want to throw all of
that away to, what, sell books?
216
00:15:09,547 --> 00:15:10,815
I thought you liked the idea,
David.
217
00:15:10,915 --> 00:15:12,317
I do like the idea.
218
00:15:12,417 --> 00:15:14,219
I actually think
it's a great idea,
219
00:15:14,352 --> 00:15:16,421
but it's not for me,
220
00:15:16,554 --> 00:15:19,191
and I definitely don't think
it's for you.
221
00:15:19,857 --> 00:15:22,394
Jeff, you're brilliant
and you're ambitious
222
00:15:22,527 --> 00:15:24,362
and I love that about you,
223
00:15:25,863 --> 00:15:29,201
but, ultimately,
you have to think bigger, okay?
224
00:15:29,367 --> 00:15:31,569
You have a career to grow,
and you have places to go
225
00:15:31,703 --> 00:15:33,205
and you have a family
to take care of
226
00:15:33,371 --> 00:15:34,772
and your wife wants
to move your--
227
00:15:34,906 --> 00:15:36,374
your whole family forward.
228
00:15:37,175 --> 00:15:39,411
But I don't think that's
gonna happen with your plan.
229
00:15:43,381 --> 00:15:44,916
Okay? Let's head out.
230
00:15:49,054 --> 00:15:50,588
Well,
what Alisson should know--
231
00:15:50,722 --> 00:15:52,557
MAN ON TV:
What is internet, anyway?
232
00:15:53,425 --> 00:15:56,694
Internet is that
massive computer network.
233
00:15:56,794 --> 00:15:58,896
Starting your own business
is one of the most
234
00:15:59,064 --> 00:16:00,965
challenging things you can do.
235
00:16:01,099 --> 00:16:03,201
The risk often outweighs
the rewards,
236
00:16:03,301 --> 00:16:05,737
but I'm telling you,
if you know what you're doing
237
00:16:05,903 --> 00:16:07,439
and you got nothing
to lose,
238
00:16:07,572 --> 00:16:09,541
then why not, right?
239
00:16:09,641 --> 00:16:12,044
That's because fear-- fear is
what runs the human heart.
240
00:16:12,144 --> 00:16:14,112
Hey.
241
00:16:14,246 --> 00:16:16,114
But if you got the
guts to face what's ahead--
242
00:16:16,248 --> 00:16:19,784
-When'd you get home?
-A little while ago.
243
00:16:19,917 --> 00:16:21,753
I didn't have
two pennies to rub together.
244
00:16:21,886 --> 00:16:23,788
But I didn't let it
slow me down, you know why?
245
00:16:23,921 --> 00:16:25,590
I'll tell you why.
When I was a kid,
246
00:16:25,723 --> 00:16:27,459
I used to caddy at this
country club.
247
00:16:27,592 --> 00:16:28,993
And every morning...
248
00:16:32,130 --> 00:16:35,100
Brought some take out.
You hungry?
249
00:16:38,736 --> 00:16:40,505
Those biscuits
will ruin your dinner.
250
00:16:45,943 --> 00:16:48,946
-What'd you get?
-Chinese.
251
00:17:07,665 --> 00:17:12,837
So... you gonna tell me
why you left work early today?
252
00:17:16,374 --> 00:17:18,042
No reason.
253
00:17:18,643 --> 00:17:20,878
Oh, come on, I know
you had your pitch with David
254
00:17:21,012 --> 00:17:23,315
and look at you,
you're wallowing in self-pity.
255
00:17:23,848 --> 00:17:25,150
No, I'm not.
256
00:17:25,317 --> 00:17:26,684
Jeff, you're a terrible liar.
257
00:17:29,621 --> 00:17:31,156
He's not interested, okay?
258
00:17:32,457 --> 00:17:33,725
Well, why not?
259
00:17:33,858 --> 00:17:35,193
He said it was a great idea,
260
00:17:35,327 --> 00:17:37,061
just not for the company
or for me.
261
00:17:38,029 --> 00:17:39,731
What the hell's that
supposed to mean?
262
00:17:39,864 --> 00:17:42,367
It means I shouldn't be
taking risks like this.
263
00:17:43,501 --> 00:17:46,171
And he asked me, would I risk
everything for this idea?
264
00:17:46,304 --> 00:17:47,905
And, honestly, I wouldn't.
265
00:17:48,806 --> 00:17:50,508
Well,
why wouldn't you risk it all?
266
00:17:52,910 --> 00:17:55,413
I don't think the risk
is worth the opportunity.
267
00:17:56,914 --> 00:18:00,185
I have a steady career,
we have a family.
268
00:18:01,353 --> 00:18:02,820
What if we wanna
have kids one day?
269
00:18:02,920 --> 00:18:04,856
I can't be living
with this kind of risk.
270
00:18:05,022 --> 00:18:07,592
Whoa, whoa, hold up there,
cowboy.
271
00:18:09,527 --> 00:18:12,864
Listen, if we wanna have kids,
272
00:18:13,030 --> 00:18:14,866
we'll discuss
that in the future.
273
00:18:15,367 --> 00:18:16,734
Later on down the line.
274
00:18:17,235 --> 00:18:20,538
As for your job,
you can get another one.
275
00:18:21,406 --> 00:18:23,541
You're Jeff Bezos,
276
00:18:23,708 --> 00:18:26,711
the youngest VP
in the history of D.E. Shaw.
277
00:18:26,844 --> 00:18:28,780
you really think
this is your only opportunity
278
00:18:28,913 --> 00:18:30,215
for a good job in the future?
279
00:18:31,383 --> 00:18:32,617
Hell no!
280
00:18:33,218 --> 00:18:35,052
Whatever it is
you choose to do,
281
00:18:35,187 --> 00:18:37,555
you're going to be
incredible at.
282
00:18:39,056 --> 00:18:40,458
I know it.
283
00:18:41,393 --> 00:18:44,229
And if this is something
that you wanna do,
284
00:18:44,729 --> 00:18:46,097
then I believe in you.
285
00:18:47,765 --> 00:18:49,801
And you need to believe
in yourself,
286
00:18:49,934 --> 00:18:52,770
'cause you're not just someone
who takes unnecessary risks,
287
00:18:52,904 --> 00:18:56,274
you're someone who-- who
looks at the possibilities,
288
00:18:56,408 --> 00:18:58,075
runs the numbers,
289
00:18:58,243 --> 00:19:00,111
and then takes the chances
that are worth taking!
290
00:19:04,616 --> 00:19:06,751
You said to think
about the future, right?
291
00:19:10,087 --> 00:19:12,224
Is D.E. Shaw
really what you envision
292
00:19:12,324 --> 00:19:14,058
for the rest of your life?
293
00:19:33,245 --> 00:19:35,947
Regret... minimization.
294
00:19:38,316 --> 00:19:39,951
What?
295
00:19:41,953 --> 00:19:43,955
Regret minimization framework.
296
00:19:44,121 --> 00:19:46,324
I need to minimize
the amount of regrets
297
00:19:46,458 --> 00:19:47,792
that I'm gonna have by age 80.
298
00:19:48,926 --> 00:19:51,296
Okay, that's--
that's one way to look at it.
299
00:19:53,097 --> 00:19:55,967
See, I'm not gonna regret being
a part of this Internet thing,
300
00:19:56,100 --> 00:19:59,437
but I will regret not trying,
and if it fails, who cares?
301
00:20:00,705 --> 00:20:02,640
I'm not living my life
in regret.
302
00:20:03,508 --> 00:20:04,809
So, you're gonna go for it?
303
00:20:04,976 --> 00:20:06,210
Yeah, we're going for it!
304
00:20:07,011 --> 00:20:10,114
All right, Internet man!
So, what's our next move?
305
00:20:10,214 --> 00:20:11,616
We're quitting our jobs.
306
00:20:13,985 --> 00:20:16,821
I'm sorry. We?
307
00:20:17,322 --> 00:20:19,491
Yeah. I'm not doing
this without you.
308
00:20:21,726 --> 00:20:23,895
And we're not starting
a business venture here.
309
00:20:25,029 --> 00:20:27,865
-I need you.
-But-- But...
310
00:20:27,999 --> 00:20:29,367
We can do this.
311
00:20:31,503 --> 00:20:32,737
It's gonna be okay.
312
00:20:33,838 --> 00:20:36,508
We have savings,
we're gonna be together.
313
00:20:38,476 --> 00:20:39,711
You can have time to write.
314
00:20:44,982 --> 00:20:46,217
It's gonna work out.
315
00:20:47,885 --> 00:20:50,855
-Okay. Okay, I'm in.
-Okay? Doing it?
316
00:20:51,022 --> 00:20:52,390
-We're doing it.
-We're doing it!
317
00:20:56,060 --> 00:20:58,930
-You're amazing.
-I'm so excited for us.
318
00:20:59,063 --> 00:21:00,598
This is gonna work.
319
00:21:00,732 --> 00:21:03,234
-I'm scared, but I'm excited.
-I'm scared, too!
320
00:21:04,736 --> 00:21:06,070
Zander.
321
00:21:06,203 --> 00:21:07,839
Hey, it's Jeff Bezos.
322
00:21:08,573 --> 00:21:13,378
Yeah, MacKenzie's great.
I'm starting a new business.
323
00:21:14,211 --> 00:21:15,713
We're gonna sell
on the Internet.
324
00:21:15,880 --> 00:21:17,915
Yeah, Warren, Internet.
325
00:21:18,049 --> 00:21:20,918
I-N-T-E-R-N-E-T.
326
00:21:23,054 --> 00:21:25,022
Yeah.
You have a modem, right?
327
00:21:26,391 --> 00:21:29,193
Yeah, you're gonna
go online and buy.
328
00:21:29,293 --> 00:21:31,563
You know how you said
if I ever had a big idea
329
00:21:31,696 --> 00:21:33,898
to call you and-- and, um--
This is it.
330
00:21:34,366 --> 00:21:36,067
We're starting a website.
331
00:21:37,068 --> 00:21:38,403
Website.
332
00:21:38,536 --> 00:21:40,738
Yeah, Nancy. Okay.
333
00:21:42,574 --> 00:21:45,477
Hmm. We don't have a name
for it yet.
334
00:21:45,610 --> 00:21:46,911
Valuation?
335
00:21:48,546 --> 00:21:50,247
A million dollars?
336
00:21:50,382 --> 00:21:53,250
Yeah, Bill, the valuation
isn't determined yet.
337
00:21:53,718 --> 00:21:56,087
We don't know what the profit
margins are gonna be.
338
00:21:56,220 --> 00:21:58,956
No. I'm working
on the business plan.
339
00:21:59,557 --> 00:22:01,959
No, I've never started
a business before.
340
00:22:02,827 --> 00:22:04,996
That's the point,
it's called a startup.
341
00:22:05,463 --> 00:22:08,099
How about instead of saying
it's a startup business,
342
00:22:08,265 --> 00:22:13,638
why don't you tell them
it's an investment opportunity?
343
00:22:14,105 --> 00:22:16,808
If you just invest $50,000...
344
00:22:17,609 --> 00:22:21,446
Yeah. Listen, David.
It's going to be big.
345
00:22:21,613 --> 00:22:22,914
We're still working
on the plan,
346
00:22:23,014 --> 00:22:24,281
but-- but we'd love
to invite you
347
00:22:24,449 --> 00:22:25,783
to be one
of the first investors.
348
00:22:25,950 --> 00:22:27,852
What do you mean
I'd make a terrible CEO?
349
00:22:34,959 --> 00:22:36,293
How much is it?
350
00:22:37,629 --> 00:22:38,963
$50,000.
351
00:22:40,932 --> 00:22:42,634
Can't even start
a business with that.
352
00:22:42,767 --> 00:22:44,201
No, that can't be,
353
00:22:44,335 --> 00:22:46,037
we must've called
over 60 people today.
354
00:22:46,170 --> 00:22:47,705
And half of them said no.
355
00:22:50,307 --> 00:22:51,543
Maybe we can get a loan?
356
00:22:52,343 --> 00:22:55,346
No bank is gonna lend us money.
We're a startup.
357
00:22:56,681 --> 00:22:58,015
What do we do, then?
358
00:22:59,283 --> 00:23:00,652
I don't know.
359
00:23:13,898 --> 00:23:15,132
Let's go.
360
00:23:19,203 --> 00:23:23,074
-You sure about this?
-It's our only option.
361
00:23:24,341 --> 00:23:25,710
But it's up to you.
362
00:23:27,712 --> 00:23:29,046
All right.
363
00:23:36,688 --> 00:23:39,390
There you are! Oh!
364
00:23:40,391 --> 00:23:43,360
-Hey, Mom.
-You made it!
365
00:23:43,495 --> 00:23:45,029
Why didn't you give us
some warning?
366
00:23:45,196 --> 00:23:47,198
I-- I would've rolled out
the red carpet.
367
00:23:47,331 --> 00:23:48,866
You know me,
spontaneous to a fault.
368
00:23:49,000 --> 00:23:50,568
Did you hear that?
369
00:23:50,702 --> 00:23:53,705
He's about as spontaneous
as a stopwatch.
370
00:23:54,205 --> 00:23:57,241
Oh, you look exhausted.
Well, come on in, come in.
371
00:23:58,042 --> 00:24:01,045
-Oh, Mike, they're here!
-Oh, my God!
372
00:24:01,212 --> 00:24:03,380
That's my boy. Oh, welcome!
373
00:24:04,549 --> 00:24:07,685
So good to see you!
You look great!
374
00:24:07,785 --> 00:24:09,286
So happy you guys made it,
look at this!
375
00:24:09,420 --> 00:24:10,688
-Hey, Dad.
-Welcome.
376
00:24:10,788 --> 00:24:12,123
This is so great
you guys are here!
377
00:24:12,256 --> 00:24:14,058
Feels so good when you're here,
378
00:24:14,225 --> 00:24:16,060
thank you so much, you guys,
for coming. Gonna be great.
379
00:24:16,227 --> 00:24:17,595
Okay, I've gotta ask,
380
00:24:17,729 --> 00:24:19,063
is he still totally
unorganized?
381
00:24:19,230 --> 00:24:21,232
-Mom!
-Yes.
382
00:24:21,398 --> 00:24:23,768
You know, when he was a kid,
he used to be just like that.
383
00:24:23,901 --> 00:24:25,737
He had so many inventions,
remember, Mike,
384
00:24:25,903 --> 00:24:28,372
up in his room that we finally
had to turn over the garage
385
00:24:28,472 --> 00:24:31,075
-to make it your workshop!
-Thanks, Mom.
386
00:24:31,242 --> 00:24:32,944
Oh, Mike, would you take the
luggage? Take their luggage.
387
00:24:33,077 --> 00:24:35,079
We're gonna have a good time,
we're so happy.
388
00:24:35,246 --> 00:24:36,447
-Thank you. All right.
-Thank you.
389
00:24:36,581 --> 00:24:38,115
So...
390
00:24:41,586 --> 00:24:44,421
-Oh, my gosh, is that you?
-It's me.
391
00:24:44,589 --> 00:24:46,157
MACKENZIE:
That is such a cute photo.
392
00:24:47,258 --> 00:24:49,093
A lot of memories, eh?
393
00:24:49,226 --> 00:24:51,295
Ah! We're so happy
you guys are here.
394
00:24:51,428 --> 00:24:53,264
-Let's sit, sit, come on.
-Let's go.
395
00:24:55,266 --> 00:24:58,970
So, is it happening?
Are we gonna be grandparents?
396
00:25:01,105 --> 00:25:02,439
-No.
-No.
397
00:25:02,574 --> 00:25:04,475
-Oh!
-Not yet.
398
00:25:04,609 --> 00:25:06,611
This is a great time for you,
you are so busy
399
00:25:06,744 --> 00:25:08,512
and you're doing so many
great things, it's better
400
00:25:08,646 --> 00:25:10,782
to keep working now,
have the kid when you're ready.
401
00:25:10,948 --> 00:25:12,149
How's work?
402
00:25:12,850 --> 00:25:17,488
Actually... we quit our jobs.
403
00:25:17,955 --> 00:25:20,291
-You quit?
-Yeah.
404
00:25:20,457 --> 00:25:21,693
Both of you guys?
405
00:25:22,293 --> 00:25:23,661
-Yep.
-Yep.
406
00:25:24,662 --> 00:25:26,430
Did you have a fight
with David?
407
00:25:26,530 --> 00:25:28,465
No, things are fine with David,
you know,
408
00:25:28,633 --> 00:25:30,467
I think he's one
of the smartest people I know,
409
00:25:30,635 --> 00:25:32,870
and somebody that uses
both sides of his brain.
410
00:25:33,004 --> 00:25:35,940
But, um, just,
an opportunity came up
411
00:25:36,040 --> 00:25:37,609
that we just couldn't pass up.
412
00:25:37,709 --> 00:25:39,644
So, you got another offer?
413
00:25:40,477 --> 00:25:42,479
No, Mom, um...
414
00:25:43,014 --> 00:25:46,684
We're actually starting
a business online.
415
00:25:46,818 --> 00:25:48,485
On the Internet.
Selling books.
416
00:25:49,153 --> 00:25:50,822
The Internet?
417
00:25:50,988 --> 00:25:53,891
So, the Internet, it's a vast
network of computers
418
00:25:54,025 --> 00:25:57,361
that communicate with each
other and transfer information,
419
00:25:57,494 --> 00:26:01,198
so why couldn't this network
be used to conduct commerce?
420
00:26:01,799 --> 00:26:05,402
And we've identified
the potential
421
00:26:05,536 --> 00:26:09,674
of selling books through
the Internet as a business.
422
00:26:09,841 --> 00:26:11,242
Well, why would you want
to do that?
423
00:26:11,375 --> 00:26:12,977
Why wouldn't you just go
to the store?
424
00:26:13,077 --> 00:26:16,047
A physical store
can never have every book
425
00:26:16,180 --> 00:26:17,982
that ever existed.
426
00:26:18,082 --> 00:26:20,685
And our virtual store could
potentially have every book
427
00:26:20,852 --> 00:26:22,519
and we'll just ship it to you.
428
00:26:23,054 --> 00:26:24,756
Mm-hmm.
429
00:26:24,889 --> 00:26:28,059
And plus, the internet's
growing at 2,300% a year.
430
00:26:28,860 --> 00:26:30,161
Well, how do you know that?
431
00:26:30,695 --> 00:26:33,064
Well, we've found several
analyst reports
432
00:26:33,197 --> 00:26:35,166
and we've been identifying
other businesses
433
00:26:35,266 --> 00:26:37,835
that-- that have seen that kind
of growth and we believe
434
00:26:37,935 --> 00:26:39,737
we can achieve
that selling books.
435
00:26:40,204 --> 00:26:43,107
I don't know, guys, I think
this seems really risky.
436
00:26:43,240 --> 00:26:45,042
Couldn't you, like,
do this on nights
437
00:26:45,176 --> 00:26:47,378
and weekends,
and keep your current job?
438
00:26:49,046 --> 00:26:50,381
No.
439
00:26:50,882 --> 00:26:53,284
Mom, we-- we already
quit our jobs.
440
00:26:53,417 --> 00:26:57,889
And... we'll regret
not trying this business.
441
00:26:58,022 --> 00:26:59,891
That's actually why we're here.
442
00:27:00,024 --> 00:27:04,261
We were hoping that you both
would consider investing.
443
00:27:07,064 --> 00:27:08,365
How much do you need?
444
00:27:09,033 --> 00:27:10,401
Couple hundred thousand.
445
00:27:15,572 --> 00:27:17,742
Three hundred would be great.
446
00:27:19,243 --> 00:27:22,714
You each would get a couple
percentage points and ownership
447
00:27:22,814 --> 00:27:25,082
in the business and,
if it's successful,
448
00:27:25,249 --> 00:27:27,251
it could be millions
of dollars for you.
449
00:27:27,985 --> 00:27:32,990
But I have to warn you, there's
a 70% chance it could fail.
450
00:27:34,125 --> 00:27:37,829
I mean, that's the majority
451
00:27:37,962 --> 00:27:39,764
of our retirement fund, honey.
452
00:27:39,931 --> 00:27:41,165
When do you need it by?
453
00:27:44,635 --> 00:27:46,170
Tomorrow.
454
00:27:46,738 --> 00:27:48,773
Well, I've got an idea.
455
00:27:48,940 --> 00:27:50,775
Dinner's almost ready.
456
00:27:51,242 --> 00:27:53,110
Why don't we have a nice dinner
457
00:27:53,244 --> 00:27:55,847
and we can just talk
about this later?
458
00:28:45,830 --> 00:28:47,498
-You're up early.
-Yeah.
459
00:28:50,201 --> 00:28:52,003
I just wanna tell you,
460
00:28:52,136 --> 00:28:54,505
I don't invest in you
and I hope you understand that.
461
00:29:03,180 --> 00:29:04,381
Why?
462
00:29:05,049 --> 00:29:06,851
You know, it's an idea
that you have to understand,
463
00:29:06,984 --> 00:29:08,385
it takes
a lot of planning,
464
00:29:08,519 --> 00:29:11,055
a lot of things,
and we don't have a lot.
465
00:29:11,722 --> 00:29:13,057
But I'm not gonna tell you,
466
00:29:13,190 --> 00:29:15,059
you know how much
you represent to me.
467
00:29:15,192 --> 00:29:17,394
And I just want to tell you
something.
468
00:29:17,528 --> 00:29:19,596
We live in a free country.
I believe in America
469
00:29:19,730 --> 00:29:21,899
that every dreams
can come true.
470
00:29:22,033 --> 00:29:24,768
And the main thing that I want
you to know...
471
00:29:26,070 --> 00:29:27,438
that I believe in you.
472
00:29:27,571 --> 00:29:28,772
So, I'm going
to give you something.
473
00:29:28,906 --> 00:29:30,207
These are life savings.
474
00:29:30,875 --> 00:29:33,845
Thanks, Dad.
475
00:29:33,945 --> 00:29:35,880
-I love you.
-I love you.
476
00:29:42,219 --> 00:29:43,687
I won't let you down.
477
00:29:43,787 --> 00:29:46,257
I know that.
Absolutely, I know that.
478
00:29:53,064 --> 00:29:54,731
Can I ask you
for another favor?
479
00:29:54,899 --> 00:29:56,733
Another favor now?
480
00:29:57,234 --> 00:29:59,136
Can I borrow the truck?
481
00:29:59,270 --> 00:30:01,072
Oh, my God,
you gonna kill me.
482
00:30:01,238 --> 00:30:03,074
Your mom is gonna kill me, too,
because you know that--
483
00:30:03,240 --> 00:30:05,109
Go ahead, enjoy yourself.
Today's a big day.
484
00:30:16,420 --> 00:30:17,788
So, where are we heading?
485
00:30:18,755 --> 00:30:20,557
Just keep heading west, babe.
486
00:30:22,259 --> 00:30:23,760
Okay.
487
00:30:25,596 --> 00:30:28,933
-I'll figure it out soon.
-I mean, take your time.
488
00:30:29,100 --> 00:30:31,302
The movers are only,
I don't know,
489
00:30:31,435 --> 00:30:33,104
18 hours behind us,
I don't--
490
00:30:33,270 --> 00:30:35,572
I'm sure they don't mind
driving aimlessly.
491
00:30:36,773 --> 00:30:38,275
It's probably not
the first time they do.
492
00:30:45,116 --> 00:30:46,617
You sure
we're at the right place?
493
00:30:47,118 --> 00:30:48,752
Um, you picked it.
494
00:30:55,960 --> 00:30:57,794
Thank you.
495
00:31:15,679 --> 00:31:17,814
I think I figured out
where we're going.
496
00:31:18,649 --> 00:31:22,119
Oh. I'm really starting
to like the nomad life, though.
497
00:31:22,219 --> 00:31:24,655
Well, normally,
an analysis like this
498
00:31:24,821 --> 00:31:27,058
would take several months,
but since we have 24 hours
499
00:31:27,191 --> 00:31:28,625
to notify the movers,
500
00:31:28,725 --> 00:31:30,294
I've narrowed it down
to one city.
501
00:31:30,894 --> 00:31:33,197
It's a city
with a favorable tax structure,
502
00:31:33,330 --> 00:31:36,667
a reasonable cost of living,
a highly qualified workforce,
503
00:31:36,833 --> 00:31:38,335
and access to ports.
504
00:31:38,869 --> 00:31:40,171
Ports?
505
00:31:40,704 --> 00:31:42,873
'Cause we'll be getting
so many books from Asia?
506
00:31:43,007 --> 00:31:46,810
You never know.
So, drumroll, please.
507
00:31:49,513 --> 00:31:52,149
We're moving to...
Seattle, Washington.
508
00:31:55,686 --> 00:31:57,921
-Hmm.
-You're not excited.
509
00:31:58,689 --> 00:32:02,926
I mean, the coffee's good,
right?
510
00:32:03,060 --> 00:32:04,695
There's more than just
coffee in Seattle.
511
00:32:07,064 --> 00:32:08,599
I better call the movers.
512
00:32:08,732 --> 00:32:10,767
Yeah, they're gonna need
an actual address.
513
00:32:10,901 --> 00:32:13,037
At least they know
where to point the truck now.
514
00:32:50,141 --> 00:32:51,642
I wanna show you something.
515
00:33:09,060 --> 00:33:10,994
You're about to see
something beautiful.
516
00:33:14,765 --> 00:33:18,935
-It's beautiful.
-Yeah. Cadabra.
517
00:33:21,772 --> 00:33:24,175
-What?
-Cadabra.
518
00:33:24,941 --> 00:33:26,277
That's the name of our company.
519
00:33:28,779 --> 00:33:30,347
Like magic.
520
00:33:43,960 --> 00:33:46,297
So, you're sure
he's gonna do it for a price?
521
00:33:47,198 --> 00:33:48,499
Excellent.
522
00:33:49,200 --> 00:33:51,168
He's a divorce lawyer,
of course!
523
00:33:53,204 --> 00:33:55,339
How exactly is opening
a corporation
524
00:33:55,472 --> 00:33:56,707
like dissolving a marriage?
525
00:33:57,308 --> 00:33:59,176
All right, thank you.
526
00:33:59,310 --> 00:34:01,545
Great, so you'll have a draft
for us by Wednesday.
527
00:34:02,479 --> 00:34:04,815
I'll send you my address
in Seattle once we get there.
528
00:34:05,649 --> 00:34:08,552
Yeah. Cadabra, Inc.
529
00:34:10,154 --> 00:34:11,888
Like Abra Cadabra. Yeah.
530
00:34:12,623 --> 00:34:15,826
No, no. Not a cadaver.
Cadabra.
531
00:34:17,194 --> 00:34:21,365
Yep. No, no, we're not selling
any magic supplies, just books.
532
00:34:22,466 --> 00:34:23,700
Thank you.
533
00:34:28,672 --> 00:34:32,509
Hey, Shel.
How are you? Jeff Bezos.
534
00:34:32,676 --> 00:34:35,479
Yep. Peter Leventhal's friend.
535
00:34:37,514 --> 00:34:39,416
So, we're heading your way,
536
00:34:39,550 --> 00:34:41,152
wanted to see
if you're available tomorrow.
537
00:34:41,252 --> 00:34:43,487
Get some breakfast
and we can talk about a job.
538
00:34:44,921 --> 00:34:47,658
Yep.
San Francisco, perfect.
539
00:34:47,758 --> 00:34:49,493
All right.
Call you in the morning.
540
00:35:00,871 --> 00:35:02,539
GRANDPA:
Okay, here we go, Jeff.
541
00:35:02,706 --> 00:35:05,709
Uh, with your left hand
take the nail like this,
542
00:35:06,910 --> 00:35:09,613
and with your right hand hold
the hammer like that, okay?
543
00:35:09,746 --> 00:35:11,882
Hold it, hold it
with strength, okay?
544
00:35:12,015 --> 00:35:16,553
And then subtly tap on the nail
to seed it in place.
545
00:35:16,687 --> 00:35:19,856
And then when you're ready,
hit it a little harder.
546
00:35:20,424 --> 00:35:24,295
Then take your left hand away
and give it a whack.
547
00:35:24,428 --> 00:35:26,897
-Okay.
-Okay? Try that.
548
00:35:34,238 --> 00:35:36,540
-Did I do it good!
-Yeah, you did it!
549
00:35:36,640 --> 00:35:40,244
All right, drink up!
You boys need to stay hydrated.
550
00:35:40,411 --> 00:35:41,712
Oh, yeah.
551
00:35:44,114 --> 00:35:45,316
Thanks, Grandma.
552
00:35:45,449 --> 00:35:47,150
Supper's ready in 30 minutes.
553
00:35:47,284 --> 00:35:48,985
Go inside and get cleaned up.
554
00:35:49,119 --> 00:35:51,788
I'm making grandpa's
special dish today.
555
00:35:51,922 --> 00:35:53,257
Mm.
556
00:35:54,658 --> 00:35:56,327
You know, you always
wanna have great people
557
00:35:56,460 --> 00:35:57,761
in your life, Jeff.
558
00:35:59,763 --> 00:36:01,598
It's the one way to stay happy.
559
00:36:07,238 --> 00:36:09,139
But make sure
it has at least three bedrooms
560
00:36:09,273 --> 00:36:11,141
and an attached garage.
561
00:36:11,942 --> 00:36:13,610
May I ask why?
562
00:36:13,777 --> 00:36:15,312
I want us to be like
563
00:36:15,446 --> 00:36:17,681
all the great American
suburb stories.
564
00:36:17,814 --> 00:36:19,950
Apple. Dell. Disney.
565
00:36:20,484 --> 00:36:22,619
They all started in a garage.
566
00:36:23,153 --> 00:36:25,021
-You serious?
-Yeah.
567
00:36:25,956 --> 00:36:27,624
But no more than 800 a month.
568
00:36:28,625 --> 00:36:31,695
-Seems like kind of a lot.
-Seven hundred.
569
00:36:32,429 --> 00:36:34,665
And we need the keys tomorrow.
570
00:36:35,799 --> 00:36:37,368
I think the movers are
in Nebraska already.
571
00:36:37,501 --> 00:36:38,802
Okay.
572
00:36:39,336 --> 00:36:40,637
Oh, he's here.
573
00:36:43,640 --> 00:36:44,941
Hi, Shel.
574
00:36:47,043 --> 00:36:48,879
Jeff. My wife, MacKenzie.
575
00:36:49,012 --> 00:36:50,614
MacKenzie. Nice to meet you.
576
00:36:50,714 --> 00:36:52,783
-I'll leave you to it.
-Great.
577
00:36:52,883 --> 00:36:54,951
So, Paul speaks
very highly of you.
578
00:36:55,051 --> 00:36:56,520
Said he doesn't know anybody
that can build
579
00:36:56,653 --> 00:36:58,289
a database as fast as you.
580
00:36:58,389 --> 00:37:00,391
Yeah, I was part of the team
that wrote script decks.
581
00:37:00,524 --> 00:37:02,359
-Oh, impressive stuff.
-It was.
582
00:37:02,493 --> 00:37:05,529
You were also part of the whole
Earth catalogue, correct?
583
00:37:05,662 --> 00:37:07,063
-Indeed.
-Yeah, great.
584
00:37:07,197 --> 00:37:08,565
-You want a coffee?
-Sure.
585
00:37:09,132 --> 00:37:11,067
I'll have a large coffee
and whatever he's having.
586
00:37:11,201 --> 00:37:13,036
Cappuccino.
587
00:37:13,169 --> 00:37:16,206
I'll pay 'cause we actually
have startup capital.
588
00:37:16,340 --> 00:37:18,875
It's from my parents,
don't be overly impressed.
589
00:37:19,009 --> 00:37:20,511
Here.
590
00:37:28,184 --> 00:37:30,020
This is the whole
business plan?
591
00:37:30,153 --> 00:37:33,089
Mm, no, just what I was able
to get done
592
00:37:33,223 --> 00:37:35,191
between Fort Worth and now.
593
00:37:35,326 --> 00:37:37,728
Um, I'll have the rest done
by the time we get to Seattle.
594
00:37:38,695 --> 00:37:41,665
-Books, huh? Nothing else?
-That's it.
595
00:37:43,900 --> 00:37:45,569
You got a name yet?
596
00:37:46,069 --> 00:37:49,873
-Cadabra.
-Cadaver? Like a dead body?
597
00:37:50,040 --> 00:37:53,109
No. Cadabra.
Like a magic trick.
598
00:37:53,877 --> 00:37:55,211
That's much better.
599
00:37:55,779 --> 00:37:58,014
Now,
based on your qualifications,
600
00:37:58,114 --> 00:38:00,617
why are you perfect
for this programming job?
601
00:38:01,718 --> 00:38:04,355
I was under the impression
you were pitching me a job.
602
00:38:06,056 --> 00:38:07,591
-Yeah, but--
-I didn't drive all the way up
603
00:38:07,724 --> 00:38:09,726
from Santa Cruz
to be interviewed.
604
00:38:11,027 --> 00:38:13,397
-I kinda thought it'd be both.
-It's not.
605
00:38:13,530 --> 00:38:15,131
You'd be very lucky to have me.
606
00:38:16,232 --> 00:38:17,568
Probably right.
607
00:38:17,701 --> 00:38:19,302
-I am.
-Fine.
608
00:38:19,436 --> 00:38:21,071
The job is yours
if you want it.
609
00:38:21,204 --> 00:38:22,773
I commend your good judgement.
610
00:38:22,906 --> 00:38:25,275
Now, I must warn you,
the pay is shit,
611
00:38:25,409 --> 00:38:27,243
you will be working
barbaric hours,
612
00:38:27,411 --> 00:38:29,279
but you will receive
some stock options
613
00:38:29,413 --> 00:38:30,914
and it will be
the most difficult project
614
00:38:31,047 --> 00:38:32,449
you've ever worked on.
615
00:38:33,884 --> 00:38:35,952
You know, most tech startups
never make it.
616
00:38:36,420 --> 00:38:38,088
See, in the book business,
617
00:38:38,221 --> 00:38:39,923
there's a huge disparity
between supply and demand
618
00:38:40,090 --> 00:38:41,758
and it's virtually impossible
619
00:38:41,925 --> 00:38:44,795
for a physical bookstore
to carry millions of books.
620
00:38:45,462 --> 00:38:48,665
So, if you're able to build us
a website that can handle
621
00:38:48,799 --> 00:38:52,769
a product category that large,
we will be successful.
622
00:38:53,604 --> 00:38:54,838
Welcome aboard.
623
00:38:58,442 --> 00:39:00,677
Okay, yeah.
Yeah, those dates are perfect.
624
00:39:02,345 --> 00:39:04,114
Amazing. Yeah, great.
625
00:39:04,280 --> 00:39:06,016
Thank you so much.
I'll call you when we arrive.
626
00:39:06,149 --> 00:39:07,451
Okay.
627
00:39:08,985 --> 00:39:10,954
-He's in.
-Well, that was easy.
628
00:39:11,822 --> 00:39:13,457
How'd it go on your end?
629
00:39:13,624 --> 00:39:15,125
You're not the only one
having success.
630
00:39:15,258 --> 00:39:17,994
-Oh!
-Our new home.
631
00:39:20,931 --> 00:39:22,466
Perfect.
632
00:39:28,639 --> 00:39:29,973
-Pleasure.
-Thank you.
633
00:39:34,310 --> 00:39:35,846
Yeah.
634
00:39:51,528 --> 00:39:53,396
Maybe we should've seen it
first before renting.
635
00:39:53,530 --> 00:39:54,831
It's perfect.
636
00:40:05,175 --> 00:40:06,477
That's gotta go.
637
00:40:21,224 --> 00:40:22,526
What do you think?
638
00:40:24,160 --> 00:40:25,696
Potential at best.
639
00:40:26,730 --> 00:40:28,198
Everything we need's
right here.
640
00:40:32,869 --> 00:40:34,270
Whoa! Whoa, whoa, whoa!
641
00:40:45,048 --> 00:40:48,051
We came all the way
from New York for this?
642
00:40:48,585 --> 00:40:50,286
Yeah, this is our new offices.
643
00:40:50,887 --> 00:40:52,188
Got it.
644
00:42:07,463 --> 00:42:08,699
Hey, look who's here!
645
00:42:08,832 --> 00:42:10,767
-Hey, Paul!
-Jeff!
646
00:42:10,867 --> 00:42:13,269
Good to see you.
Paul, meet Shel.
647
00:42:13,369 --> 00:42:14,871
Your reputation precedes you.
648
00:42:15,338 --> 00:42:17,641
-Same.
-How was the farewell party?
649
00:42:17,774 --> 00:42:19,976
I'm a bit hungover,
honestly.
650
00:42:20,110 --> 00:42:21,678
They threw me quite
the sendoff.
651
00:42:22,445 --> 00:42:23,947
Even gave me a lovely gift.
652
00:42:25,315 --> 00:42:27,984
They're a bit skeptical of
Cadabra's chances of success,
653
00:42:28,151 --> 00:42:30,153
so they took up a collection
to tide me over
654
00:42:30,320 --> 00:42:31,487
while I look for work.
655
00:42:33,156 --> 00:42:36,492
-Almost $27.
-Wanna buy some shares?
656
00:42:37,127 --> 00:42:38,829
Mind if I take a peek
at the books first?
657
00:42:38,995 --> 00:42:40,831
Come on,
let me show you your new home.
658
00:42:43,466 --> 00:42:45,568
I just finished setting up
the new computer system.
659
00:42:45,702 --> 00:42:47,170
I went with
high-powered servers.
660
00:42:47,337 --> 00:42:48,872
Splendid.
661
00:42:49,005 --> 00:42:50,506
Only problem is
they draw so much power,
662
00:42:50,674 --> 00:42:52,408
I had to run each one
off a different circuit.
663
00:42:53,009 --> 00:42:54,410
They work great,
664
00:42:54,544 --> 00:42:56,479
so long as you don't plug
anything else in.
665
00:42:59,683 --> 00:43:02,152
Shit. Gimme a second.
666
00:43:05,055 --> 00:43:07,858
-MacKenzie.
-Yes?
667
00:43:08,024 --> 00:43:11,061
-What're you doing?
-Drying my hair!
668
00:43:11,194 --> 00:43:15,031
I told you, don't plug anything
in while we're working.
669
00:43:15,531 --> 00:43:17,200
Well,
what am I supposed to do, then?
670
00:43:17,367 --> 00:43:19,369
Don't plug in any appliances!
671
00:43:19,903 --> 00:43:22,605
Sorry, guys.
672
00:43:25,575 --> 00:43:27,543
All right, guys.
Got some stuff
673
00:43:27,678 --> 00:43:29,713
I want to share with you.
Let me get my notes.
674
00:43:29,846 --> 00:43:31,614
I thought
he came from finance?
675
00:43:31,748 --> 00:43:33,549
Is he a programmer, too?
676
00:43:34,017 --> 00:43:36,619
He majored in computer
science at Princeton.
677
00:43:36,753 --> 00:43:38,554
Oh, dear.
678
00:43:38,689 --> 00:43:40,556
So, I've gone ahead
and analyzed every software
679
00:43:40,724 --> 00:43:42,458
in the marketplace and,
unfortunately,
680
00:43:42,592 --> 00:43:44,560
most of 'em were built
for a mail order system.
681
00:43:44,728 --> 00:43:46,897
The customer places the order,
the order's processed,
682
00:43:47,030 --> 00:43:48,598
and then the inventory's
updated
683
00:43:49,099 --> 00:43:51,567
with three typical product
availabilities: in stock,
684
00:43:51,735 --> 00:43:53,369
out of stock, and unavailable.
685
00:43:53,469 --> 00:43:56,206
Our website's gonna
have seven of them:
686
00:43:56,973 --> 00:43:58,608
shipped within 24 hours,
687
00:43:58,742 --> 00:44:00,210
shipped within two
to three days,
688
00:44:00,310 --> 00:44:01,712
shipped within one
to two weeks,
689
00:44:01,812 --> 00:44:03,379
shipped within four
to six weeks,
690
00:44:03,479 --> 00:44:05,882
not yet published,
out of stock,
691
00:44:05,982 --> 00:44:08,719
and, for hard to find titles,
shipped within three months.
692
00:44:09,953 --> 00:44:11,321
So, what does this all mean?
693
00:44:11,454 --> 00:44:12,823
Indeed.
694
00:44:13,489 --> 00:44:15,125
We need to build
our own software.
695
00:44:15,258 --> 00:44:17,060
So, we're going open source?
696
00:44:17,160 --> 00:44:18,594
We don't have a choice.
697
00:44:18,762 --> 00:44:20,430
You see,
we don't have the finances
698
00:44:20,596 --> 00:44:22,598
to hire a bunch of programmers
to build this for us.
699
00:44:22,733 --> 00:44:24,600
So, we're gonna count
on thousands of programmers
700
00:44:24,768 --> 00:44:28,438
around the world to build it
for us and update it for us,
701
00:44:28,571 --> 00:44:31,674
which is gonna allow us to
focus on what really matters.
702
00:44:32,909 --> 00:44:35,779
Selling books.
Make sense?
703
00:44:36,279 --> 00:44:38,481
So, if we're gonna build
the world's greatest bookstore,
704
00:44:38,614 --> 00:44:40,483
we're gonna need
the world's greatest website.
705
00:44:41,251 --> 00:44:42,485
Let's get to it.
706
00:44:43,987 --> 00:44:45,956
-Jeff.
-Yeah?
707
00:44:46,122 --> 00:44:47,690
I feel the need
to remind you that,
708
00:44:47,824 --> 00:44:49,960
given all the things
you want the site to do,
709
00:44:50,126 --> 00:44:52,362
no one's ever built anything
even remotely like it before.
710
00:44:52,495 --> 00:44:54,164
Exactly.
711
00:44:54,297 --> 00:44:56,499
While we're attempting
the impossible,
712
00:44:56,632 --> 00:44:58,368
what will you be doing?
713
00:44:58,501 --> 00:45:00,703
Attempting the improbable.
714
00:45:00,837 --> 00:45:02,538
I need to raise
a million dollars
715
00:45:02,672 --> 00:45:04,474
if we're gonna get this website
live by summer.
716
00:45:05,175 --> 00:45:08,478
If you're serious about
this timeline, we'll need help.
717
00:45:08,644 --> 00:45:10,546
Fine. Put an ad out.
718
00:45:10,680 --> 00:45:12,015
Which reminds me...
719
00:45:15,485 --> 00:45:18,021
Never again
will we be referred
720
00:45:18,154 --> 00:45:19,990
to as the website
that sells dead bodies.
721
00:45:20,156 --> 00:45:22,292
Cadabra.com is defunct.
722
00:45:26,296 --> 00:45:28,698
Our new name is--
Drumroll...
723
00:45:33,203 --> 00:45:35,205
Relentless.com.
724
00:45:41,511 --> 00:45:44,047
Nick, it's Jeff.
How are you?
725
00:45:44,680 --> 00:45:47,717
You signed the contract,
you said you were sending
726
00:45:47,851 --> 00:45:50,353
the check, and then you put
a stop payment on the check.
727
00:45:50,486 --> 00:45:52,588
Do you understand
how that affects our company?
728
00:45:52,722 --> 00:45:55,025
What do you mean you don't
understand what we're doing?
729
00:45:55,191 --> 00:45:57,660
Yeah, I'm just following up
on that investment
730
00:45:57,760 --> 00:45:59,362
you committed to.
731
00:45:59,529 --> 00:46:01,865
A lot of great companies
have started in a garage.
732
00:46:02,032 --> 00:46:04,367
Apple. Microsoft.
733
00:46:04,534 --> 00:46:06,169
Um, yep.
734
00:46:06,269 --> 00:46:08,704
The company's still going,
but we really need you
735
00:46:08,872 --> 00:46:10,540
to send us the money,
if you can.
736
00:46:10,706 --> 00:46:13,709
It's a virtual Internet store.
737
00:46:14,210 --> 00:46:16,012
There's no physical location.
738
00:46:16,112 --> 00:46:18,181
That's not our business model.
739
00:46:18,281 --> 00:46:20,216
If you're not interested,
just tell me.
740
00:46:20,383 --> 00:46:23,219
We're selling books.
741
00:46:23,719 --> 00:46:25,922
I don't care
if you changed your mind,
742
00:46:26,056 --> 00:46:27,390
if you make commitments,
743
00:46:27,557 --> 00:46:28,892
you gotta
follow through in life.
744
00:46:29,059 --> 00:46:30,961
You can't have
two million products
745
00:46:31,094 --> 00:46:33,396
inside of a bookstore!
746
00:46:33,529 --> 00:46:35,065
You think we're gonna fail?
747
00:46:35,698 --> 00:46:37,300
Well, I think
you're gonna fail.
748
00:47:35,425 --> 00:47:37,193
It's still a little bit
too confusing.
749
00:47:37,961 --> 00:47:39,963
What do you mean?
It's a standard landing page.
750
00:47:40,130 --> 00:47:42,198
You need to imagine that all
of our customers have never
751
00:47:42,332 --> 00:47:43,666
used a computer before.
752
00:47:44,167 --> 00:47:47,870
The homepage has to be very...
user-friendly.
753
00:47:48,004 --> 00:47:50,040
I can't work
on this change tonight,
754
00:47:50,173 --> 00:47:51,874
-I'll work on it tomorrow.
-No, no.
755
00:47:52,008 --> 00:47:53,809
Let's get it done now
while the ideas are fresh.
756
00:47:53,944 --> 00:47:55,478
Jeff, with all due respect,
757
00:47:55,645 --> 00:47:57,380
we've been at this
for 12 hours straight.
758
00:47:57,513 --> 00:47:59,315
And there's 24 hours
in the day, Shel.
759
00:47:59,482 --> 00:48:02,852
I'll redraft it.
And burn the midnight oil.
760
00:48:04,220 --> 00:48:06,522
Jeff?
761
00:48:06,656 --> 00:48:09,392
-One second.
-Jeff.
762
00:48:10,026 --> 00:48:11,827
One second, MacKenzie.
763
00:48:17,700 --> 00:48:19,135
Is it important?
764
00:48:20,336 --> 00:48:24,174
-No. It's fine.
-I'll be up in a bit.
765
00:48:24,340 --> 00:48:26,076
What's a bit?
766
00:48:26,209 --> 00:48:27,510
I don't know!
767
00:48:33,883 --> 00:48:35,351
Goodnight, fellas.
768
00:48:36,519 --> 00:48:38,054
PAUL & SHEL: Night.
769
00:50:10,480 --> 00:50:13,183
-Thank you so much.
-Do you have your receipt?
770
00:50:13,316 --> 00:50:15,618
-Hi, your name?
-Vazquez.
771
00:50:15,785 --> 00:50:19,489
-Hello. How are you?
-Thank you.
772
00:50:19,622 --> 00:50:21,524
-Thank you for attending.
-Of course.
773
00:50:21,657 --> 00:50:23,693
-Hi, your name?
-Hi. Bezos.
774
00:50:23,826 --> 00:50:25,461
Bezos.
775
00:50:25,628 --> 00:50:28,364
-Here.
-Thank you.
776
00:50:28,498 --> 00:50:30,633
Thank you. Hi.
777
00:50:30,800 --> 00:50:33,303
-Okay, okay.
778
00:50:33,469 --> 00:50:36,139
Now it's time
for you brave souls
779
00:50:36,806 --> 00:50:40,810
to stand up and tell us
about yourselves.
780
00:50:41,311 --> 00:50:44,013
Who you are,
your hopes and dreams.
781
00:50:45,981 --> 00:50:47,317
Who's gonna go first?
782
00:50:48,784 --> 00:50:51,221
-Okay.
-Okay. Hi.
783
00:50:51,354 --> 00:50:54,157
Hi, I'm Molly Jean Andrews
784
00:50:54,290 --> 00:50:57,193
and I'm from
Green Valley, Arizona,
785
00:50:57,327 --> 00:51:01,164
and I'm opening up a little
shop called Kitchen Bible.
786
00:51:01,331 --> 00:51:03,666
And I have a few cookies.
Do you wanna try one?
787
00:51:03,833 --> 00:51:05,668
All right. Um, you know,
788
00:51:05,801 --> 00:51:07,503
there's gonna be nothing
but cookbooks.
789
00:51:07,670 --> 00:51:09,639
I'm not looking to get rich
or anything,
790
00:51:09,739 --> 00:51:12,007
I just don't wanna lose
my shirt either.
791
00:51:16,846 --> 00:51:21,251
Hello. I'm Charles Allen Morrow
from Highland Park, Illinois.
792
00:51:21,751 --> 00:51:26,055
My shop, Marrow's Antiquaria,
opening in August,
793
00:51:26,189 --> 00:51:29,259
is going to be specializing
in rare books
794
00:51:29,392 --> 00:51:31,861
and autographs in all fields.
795
00:51:32,027 --> 00:51:34,997
-Okay, anybody else?
796
00:51:35,898 --> 00:51:37,200
Oh, please!
797
00:51:38,033 --> 00:51:39,869
Hi. How are you?
798
00:51:40,002 --> 00:51:42,905
Um, my name is Jeff, Jeff Bezos
from Seattle, Washington,
799
00:51:43,038 --> 00:51:45,608
and I'm mainly here to learn
more about the book business
800
00:51:45,741 --> 00:51:48,244
because this summer
we'll be launching
801
00:51:48,378 --> 00:51:51,381
the world's largest bookstore,
relentless.com.
802
00:51:53,383 --> 00:51:54,717
A bit overzealous
for a bookstore.
803
00:51:54,850 --> 00:51:56,219
Don't you think?
804
00:51:56,386 --> 00:51:58,454
Well, I can--
I can explain, actually.
805
00:51:58,588 --> 00:52:01,257
The reason why it'll be
the world's largest bookstore
806
00:52:01,391 --> 00:52:03,393
is because its vast library
807
00:52:03,559 --> 00:52:06,262
is gonna exist exclusively
on the Internet.
808
00:52:07,263 --> 00:52:10,533
-Okay, well...
809
00:52:11,401 --> 00:52:13,736
Let's move on
to the other topics, then.
810
00:52:16,272 --> 00:52:18,040
Um, excuse me one second.
811
00:52:18,140 --> 00:52:20,943
-Hey. Internet guy.
-Who, me?
812
00:52:21,076 --> 00:52:23,313
-Yes, you.
-Hi, how're you doing, sir?
813
00:52:23,446 --> 00:52:25,815
-Do you know who I am?
-Of course. Mr. Leonard Riggio.
814
00:52:25,948 --> 00:52:28,150
-And you are?
-Jeff. Jeff Bezos.
815
00:52:30,119 --> 00:52:31,554
Care to have a drink with me,
Jeff?
816
00:52:37,260 --> 00:52:39,295
See, since books
are a true commodity,
817
00:52:39,429 --> 00:52:41,931
it seemed like the ideal
first product to sell online,
818
00:52:42,064 --> 00:52:43,933
being that books
in every physical--
819
00:52:44,099 --> 00:52:45,801
-Can I get you anything else?
-We're fine.
820
00:52:46,436 --> 00:52:49,104
Books in all your physical
locations are identical.
821
00:52:49,239 --> 00:52:50,840
So, customers
should be comfortable
822
00:52:50,973 --> 00:52:52,475
purchasing them online.
823
00:52:53,108 --> 00:52:56,312
Hmm. Seems like an interesting
idea you have there.
824
00:52:56,446 --> 00:52:58,948
Well, it's more
than just an idea.
825
00:52:59,114 --> 00:53:01,351
-Is it, though?
-Yeah.
826
00:53:01,484 --> 00:53:03,118
I mean, we have programmers
working on it now,
827
00:53:03,253 --> 00:53:04,787
we'll be live this summer.
828
00:53:04,920 --> 00:53:06,989
But until it actually
comes to fruition,
829
00:53:07,122 --> 00:53:09,625
and more than anything,
actually proves to be viable,
830
00:53:09,792 --> 00:53:11,627
it's... just an idea.
831
00:53:11,794 --> 00:53:13,596
What did you say
you're calling it again?
832
00:53:13,696 --> 00:53:14,964
Relentless.
833
00:53:15,631 --> 00:53:17,933
Huh. Peculiar name.
834
00:53:19,168 --> 00:53:21,136
Doesn't quite fit the book
industry, though, does it?
835
00:53:21,304 --> 00:53:22,505
How so?
836
00:53:23,138 --> 00:53:25,841
"Relentless,"
I mean, it's aggressive.
837
00:53:25,975 --> 00:53:27,377
You're trying
to lure bookworms in,
838
00:53:27,510 --> 00:53:29,178
you're not trying
to ready them for battle.
839
00:53:29,645 --> 00:53:31,180
See, I never looked
at it that way.
840
00:53:31,314 --> 00:53:33,015
I always thought
our competitors
841
00:53:33,148 --> 00:53:35,651
would see us a certain way,
not-- not the consumer.
842
00:53:35,818 --> 00:53:38,053
And that right there is why
Relentless will never be
843
00:53:38,187 --> 00:53:39,989
anything more
than just an idea.
844
00:53:40,490 --> 00:53:43,225
But, you see,
we're open to an investment
845
00:53:43,359 --> 00:53:45,661
and maybe a partnership
with Barnes & Noble
846
00:53:45,828 --> 00:53:47,563
where we are your Internet
fulfillment wing.
847
00:53:47,697 --> 00:53:50,199
No, I-- I'm sorry, James.
848
00:53:50,333 --> 00:53:53,168
-Uh, Jeff.
-Right. Jeff, uh...
849
00:53:53,836 --> 00:53:55,371
We don't do that.
850
00:53:55,505 --> 00:53:57,340
You see,
we're not just gonna be
851
00:53:57,473 --> 00:53:59,008
another independent bookseller.
852
00:53:59,141 --> 00:54:00,910
Okay. Stop right there.
853
00:54:01,043 --> 00:54:03,513
Right. Do you-- Do you know
who you're speaking to?
854
00:54:04,314 --> 00:54:06,248
-Of course.
-But do you really?
855
00:54:06,382 --> 00:54:07,683
Because I'm not
just Leonard Riggio.
856
00:54:07,850 --> 00:54:09,919
I am Barnes & Noble, Inc.
857
00:54:10,052 --> 00:54:13,088
Biggest book retailer in
the entire industry, all right?
858
00:54:13,222 --> 00:54:15,425
And we just had an 87%
gain in revenue
859
00:54:15,558 --> 00:54:16,826
over the last quarter alone.
860
00:54:16,926 --> 00:54:18,394
I'm well aware of your success.
861
00:54:18,528 --> 00:54:20,330
Oh, well, then
you should also be aware
862
00:54:20,430 --> 00:54:22,197
that we're about to open
100 more stores this year.
863
00:54:22,365 --> 00:54:24,099
And then it's only a matter
of time before
864
00:54:24,233 --> 00:54:26,769
independent booksellers such
as yourself become obsolete.
865
00:54:26,902 --> 00:54:29,204
I have no interest
in investing in anything
866
00:54:29,372 --> 00:54:31,206
other than my own company.
867
00:54:31,941 --> 00:54:34,009
But it's more about the future.
868
00:54:34,109 --> 00:54:35,711
Would you like some advice?
869
00:54:35,878 --> 00:54:38,013
-It's Jeff, right?
-Yeah.
870
00:54:38,113 --> 00:54:40,282
Um, I think you should go find
another business
871
00:54:40,416 --> 00:54:41,951
to look at.
872
00:54:42,084 --> 00:54:43,686
Take whatever money you have
and put it into
873
00:54:43,786 --> 00:54:45,621
the manufacturing
sector or something.
874
00:54:45,755 --> 00:54:48,123
I-- It's-- You know, they're
having a lot of growth lately.
875
00:54:48,257 --> 00:54:50,726
But you will never find
success in the book industry,
876
00:54:50,860 --> 00:54:52,562
I can guarantee you that.
877
00:54:53,062 --> 00:54:56,065
I'd like to say that
it was good chatting with you,
878
00:54:56,198 --> 00:54:58,033
but, frankly,
it was a waste of time.
879
00:54:58,701 --> 00:55:01,236
That is for the drinks.
880
00:55:01,737 --> 00:55:03,439
And whatever is leftover,
you can consider
881
00:55:03,573 --> 00:55:05,475
it seed money
for a new business venture.
882
00:55:58,794 --> 00:56:00,796
MACKENZIE:
You don't have to be quiet.
883
00:56:00,930 --> 00:56:02,164
I waited up.
884
00:56:06,469 --> 00:56:09,138
-How'd it go?
885
00:56:11,306 --> 00:56:13,643
-Terrible.
-Why? What happened?
886
00:56:13,809 --> 00:56:15,478
I don't wanna talk about it.
887
00:56:15,645 --> 00:56:18,313
Oh, come on.
I'm just asking about your day.
888
00:56:18,981 --> 00:56:21,283
MacKenzie,
I don't wanna talk about it.
889
00:56:23,519 --> 00:56:25,054
It was a complete waste
of time.
890
00:56:25,187 --> 00:56:26,622
Nobody's interested
in our company.
891
00:56:26,722 --> 00:56:28,123
Is that what you wanna hear?
892
00:56:33,663 --> 00:56:35,164
Is this how it's gonna be
from now on?
893
00:56:35,330 --> 00:56:36,799
Like what?
894
00:56:38,501 --> 00:56:40,836
-Like what?
-Like this!
895
00:56:41,003 --> 00:56:43,338
We barely talk, and when
we do talk, you just yell.
896
00:56:43,873 --> 00:56:45,741
-I'm not yelling.
-Yes, you are!
897
00:56:45,875 --> 00:56:47,543
You're yelling.
898
00:56:47,677 --> 00:56:49,545
No, ever since we got here
I can't talk to you
899
00:56:49,679 --> 00:56:52,181
without you getting upset
at me or telling me to shut up.
900
00:56:52,347 --> 00:56:54,584
In case you haven't realized,
I have a company
901
00:56:54,717 --> 00:56:56,552
that I'm trying to get off
the ground.
902
00:56:57,152 --> 00:56:59,589
So, excuse me if I don't
give you 100% of my attention--
903
00:56:59,722 --> 00:57:01,591
I don't want 100%
of your attention,
904
00:57:01,724 --> 00:57:03,726
I just want a fraction of it.
905
00:57:07,663 --> 00:57:09,031
Please.
906
00:57:12,535 --> 00:57:15,204
This is my life, MacKenzie,
907
00:57:15,337 --> 00:57:17,573
and I have everything
in the world invested
908
00:57:17,707 --> 00:57:20,275
in this business
and I will not fail.
909
00:57:20,409 --> 00:57:23,846
I will work 24 hours a day
to make sure that I succeed.
910
00:57:23,946 --> 00:57:26,516
And I'm sorry
if I don't make you a priority.
911
00:57:27,049 --> 00:57:29,852
-We.
-What're you talking about?
912
00:57:29,952 --> 00:57:32,121
We put everything
we had into this.
913
00:57:32,254 --> 00:57:35,390
In case you forgot, I quit
my job and moved here for you!
914
00:57:35,925 --> 00:57:37,392
Give me a break.
915
00:57:38,728 --> 00:57:39,962
Jeff.
916
00:57:42,397 --> 00:57:43,966
You're a really smart guy.
917
00:57:44,567 --> 00:57:46,435
Hell, the smartest guy
I've ever met,
918
00:57:46,569 --> 00:57:48,403
but you've been acting
like a complete dick
919
00:57:48,571 --> 00:57:49,805
since we've gotten here.
920
00:57:51,406 --> 00:57:53,576
How can you not see
how you're acting?
921
00:57:56,612 --> 00:58:01,416
We have a business
that has taken hundreds
922
00:58:01,551 --> 00:58:04,086
of thousands of dollars
of investor funds,
923
00:58:04,620 --> 00:58:08,423
that is days away
from potentially closing.
924
00:58:08,591 --> 00:58:11,260
We have the shittiest
fucking name on the planet,
925
00:58:11,426 --> 00:58:14,764
relentless.com,
that doesn't appeal
926
00:58:14,897 --> 00:58:16,599
to any of our customer base.
927
00:58:17,232 --> 00:58:19,334
So, we need to understand
928
00:58:19,468 --> 00:58:22,304
that Jeff may not have time
for MacKenzie.
929
00:58:22,437 --> 00:58:23,906
God.
930
00:58:24,006 --> 00:58:25,675
'Cause we have other
priorities.
931
00:58:25,808 --> 00:58:28,110
You're not even listening
to what I'm saying.
932
00:58:29,111 --> 00:58:30,813
I get that you have a lot
going on.
933
00:58:30,946 --> 00:58:32,982
I get that everything
is riding on this idea
934
00:58:33,115 --> 00:58:35,484
and I'm not asking you
to stop focusing on that.
935
00:58:35,618 --> 00:58:37,519
I'm asking you to be present.
936
00:58:39,321 --> 00:58:40,756
Be a little more human,
for God's sake.
937
00:58:40,856 --> 00:58:42,191
You're so absorbed
in the computer,
938
00:58:42,324 --> 00:58:43,959
it's like you're not even here.
939
00:58:47,129 --> 00:58:48,631
Whoa, look at that!
940
00:58:48,798 --> 00:58:50,332
-Lot of smoke.
-Yeah.
941
00:58:51,366 --> 00:58:54,003
Okay. Mm-hmm.
942
00:58:54,136 --> 00:58:56,839
Okay. There's some little
coolant over here,
943
00:58:56,972 --> 00:58:58,708
so why don't you
hand me that, Jeff?
944
00:59:02,111 --> 00:59:03,378
There we go.
945
00:59:09,184 --> 00:59:10,485
Okay.
946
00:59:13,455 --> 00:59:15,224
All right,
do you wanna turn it on now?
947
00:59:18,661 --> 00:59:20,896
-Hey!
-Whoa, you fixed it!
948
00:59:21,030 --> 00:59:22,832
You should see a mechanic,
though.
949
00:59:22,965 --> 00:59:24,667
-Thank you so much.
-You're welcome.
950
00:59:24,800 --> 00:59:26,035
You're a godsend.
951
00:59:35,377 --> 00:59:37,647
Okay, here we go.
952
00:59:37,747 --> 00:59:40,515
You know, we really, really did
a good job here today.
953
00:59:40,683 --> 00:59:42,584
We helped out--
Jeff, hey.
954
00:59:42,718 --> 00:59:44,386
-Listen to me, pay attention.
-Okay.
955
00:59:44,519 --> 00:59:46,756
We helped out today,
it's important to give back,
956
00:59:46,889 --> 00:59:49,424
and it's all about
just being human.
957
00:59:50,025 --> 00:59:51,393
-Right?
-Yes, Grandpa.
958
00:59:51,526 --> 00:59:53,162
-So, help me up.
959
00:59:54,429 --> 00:59:55,731
Jeff.
960
00:59:55,865 --> 00:59:57,099
Jeff.
961
00:59:59,201 --> 01:00:01,536
Jeff, are you seriously
not paying attention right now?
962
01:00:02,537 --> 01:00:05,708
-I've gotta go.
-Go where?
963
01:00:05,875 --> 01:00:07,609
I have an idea.
964
01:00:07,743 --> 01:00:09,779
-I need to go to the garage.
-Are you fucking kidding me!
965
01:00:09,912 --> 01:00:11,613
See, this is what I'm talking
about, you're obsessed!
966
01:00:11,747 --> 01:00:13,916
We'll talk tomorrow about this.
967
01:00:14,049 --> 01:00:15,785
No, don't treat me like
I'm one of your employees!
968
01:00:15,918 --> 01:00:18,053
-Jeff!
969
01:00:23,092 --> 01:00:24,459
Hey, guys!
970
01:01:17,947 --> 01:01:23,352
-Hey! How was your trip?
-You look like shit.
971
01:01:25,120 --> 01:01:26,688
Well,
I haven't slept at all.
972
01:01:27,622 --> 01:01:30,192
But it was worth it.
I figured something out.
973
01:01:31,660 --> 01:01:33,963
First off,
relentless.com is out.
974
01:01:34,864 --> 01:01:36,498
It makes us sound crazy.
975
01:01:36,631 --> 01:01:38,834
We don't want our secret
getting out, now, do we?
976
01:01:40,302 --> 01:01:42,304
See, whatever we call ourselves
977
01:01:42,471 --> 01:01:44,539
has to be something
we never need to change.
978
01:01:44,673 --> 01:01:46,475
Can it start
with the letter "A"?
979
01:01:46,641 --> 01:01:48,710
Search engines
have started ranking
980
01:01:48,844 --> 01:01:50,980
the sites alphabetically,
so being right at the top
981
01:01:51,146 --> 01:01:52,547
would be a huge advantage.
982
01:01:52,681 --> 01:01:54,683
-Interesting.
-I've got it.
983
01:01:56,151 --> 01:01:57,452
aar.com.
984
01:01:59,021 --> 01:02:00,355
With two "A"s.
985
01:02:01,991 --> 01:02:03,692
Short for "aardvark"?
986
01:02:04,860 --> 01:02:06,195
Keep working on it.
987
01:02:06,862 --> 01:02:10,332
You see, I realized, we've
been missing a critical factor.
988
01:02:10,465 --> 01:02:12,201
It doesn't matter
if our product library
989
01:02:12,334 --> 01:02:15,537
is the size of seven
New York City phone books,
990
01:02:15,670 --> 01:02:17,172
there's something
we've been missing.
991
01:02:17,339 --> 01:02:19,041
-Can you guess what it is?
-Wouldn't dare.
992
01:02:19,174 --> 01:02:21,676
What's the easiest
way to build customer loyalty?
993
01:02:21,844 --> 01:02:24,346
Um, coupons?
994
01:02:24,847 --> 01:02:26,081
Close.
995
01:02:26,982 --> 01:02:31,686
You see, when you go
to that independent bookstore,
996
01:02:31,821 --> 01:02:32,988
you can take your time.
997
01:02:33,088 --> 01:02:35,324
Browse.
No pressure to buy.
998
01:02:35,424 --> 01:02:36,992
You know you're getting
a fair price.
999
01:02:37,092 --> 01:02:38,894
That human touch.
1000
01:02:39,028 --> 01:02:42,264
Now, imagine we can create
that human touch virtually.
1001
01:02:43,098 --> 01:02:48,537
Putting the customer first
no matter what all the time.
1002
01:02:48,703 --> 01:02:50,105
Exactly.
1003
01:02:50,239 --> 01:02:52,407
You see, our competitors
are all focused
1004
01:02:52,541 --> 01:02:54,009
on what they're all doing.
1005
01:02:54,109 --> 01:02:56,045
They're not focused
on the customer.
1006
01:02:56,211 --> 01:02:58,180
We will be focused
on the customer.
1007
01:02:58,280 --> 01:03:00,282
When they get to our home page,
they're gonna see
1008
01:03:00,415 --> 01:03:04,219
our entire product library,
fair prices, fast shipping,
1009
01:03:04,353 --> 01:03:05,587
easy returns.
1010
01:03:06,055 --> 01:03:07,556
No matter what it costs.
1011
01:03:08,891 --> 01:03:10,725
The customer is always first.
1012
01:03:12,727 --> 01:03:14,563
Can you make the homepage
do that?
1013
01:03:14,729 --> 01:03:16,431
It's complicated.
1014
01:03:17,532 --> 01:03:20,735
I know. Do it.
1015
01:03:49,598 --> 01:03:51,066
Still angry?
1016
01:03:56,171 --> 01:03:57,472
I'm sorry.
1017
01:04:02,811 --> 01:04:07,016
Look, I know I've been
a little distracted by work,
1018
01:04:07,149 --> 01:04:09,118
but I'm sorry.
1019
01:04:17,126 --> 01:04:19,794
I don't need you to apologize
for focusing on the company.
1020
01:04:19,929 --> 01:04:22,464
I-- I get
that that's important.
1021
01:04:25,634 --> 01:04:28,703
I need you to apologize
for being an asshole.
1022
01:04:30,439 --> 01:04:33,142
Okay, I get it, you've been
working 18-hour days,
1023
01:04:33,275 --> 01:04:35,510
you're losing money,
you've barely eaten or slept
1024
01:04:35,644 --> 01:04:37,512
or showered, I get that.
I see it.
1025
01:04:38,813 --> 01:04:40,615
But that doesn't give you
a right to treat me
1026
01:04:40,715 --> 01:04:42,351
the way
you've been treating me.
1027
01:04:48,323 --> 01:04:49,691
You're right.
1028
01:04:51,826 --> 01:04:53,895
I've lost focus
on what's important
1029
01:04:55,998 --> 01:04:58,700
and it will never happen again.
1030
01:05:04,739 --> 01:05:06,041
I love you.
1031
01:05:10,479 --> 01:05:12,047
I love you, too.
1032
01:05:16,351 --> 01:05:20,055
So, how's the site
coming along?
1033
01:05:20,189 --> 01:05:21,756
Work in progress.
1034
01:05:21,890 --> 01:05:24,026
I got the boys working
on something right now.
1035
01:05:24,193 --> 01:05:26,528
Yeah?
What're they working on?
1036
01:05:27,862 --> 01:05:30,265
Something to help
improve customer experience,
1037
01:05:30,399 --> 01:05:33,535
give people that in-store
touchy feeling.
1038
01:05:33,668 --> 01:05:36,238
You know, the human touch
when shopping.
1039
01:05:38,207 --> 01:05:39,774
You came up with that
on your own?
1040
01:05:39,908 --> 01:05:41,676
Yeah,
last night in the garage.
1041
01:05:45,714 --> 01:05:47,849
Still gotta figure out a new
name for the site, though.
1042
01:05:48,950 --> 01:05:50,885
Wait. You're a writer.
1043
01:05:51,053 --> 01:05:52,721
You should have hundreds
of ideas.
1044
01:05:54,223 --> 01:05:55,524
Okay.
1045
01:05:57,059 --> 01:05:59,228
-I don't know.
-Come on.
1046
01:06:01,730 --> 01:06:05,234
But I-- I struggle with titles,
like, I...
1047
01:06:08,737 --> 01:06:15,244
How 'bout...
earthsbiggestbookstore.com?
1048
01:06:16,911 --> 01:06:19,581
Little wordy.
Great tagline, though.
1049
01:06:21,083 --> 01:06:22,317
Sorry.
1050
01:06:22,451 --> 01:06:24,919
Anyways,
we have bigger fish to fry.
1051
01:06:26,255 --> 01:06:28,257
-Investors?
-Yup.
1052
01:06:28,790 --> 01:06:31,593
I sometimes feel like these
investors are just wasting
1053
01:06:31,760 --> 01:06:33,595
my life away, to be honest.
1054
01:06:34,929 --> 01:06:36,765
I'm sure
you'll figure something out.
1055
01:06:39,268 --> 01:06:40,769
It better happen soon.
1056
01:06:43,805 --> 01:06:45,407
We're running out of time.
1057
01:06:46,441 --> 01:06:48,910
The plan's
to open 97 new superstores
1058
01:06:49,010 --> 01:06:52,247
in addition to its already
existing 261 locations.
1059
01:06:52,347 --> 01:06:54,249
Will this be the end
for independent booksellers?
1060
01:06:54,349 --> 01:06:55,984
Would you mind
turning that TV off?
1061
01:06:58,620 --> 01:07:00,822
-Up next!
1062
01:07:06,961 --> 01:07:08,330
Still don't like it.
1063
01:07:09,698 --> 01:07:11,133
Why not?
1064
01:07:11,800 --> 01:07:13,468
It's not clever enough.
1065
01:07:15,304 --> 01:07:16,971
You said you wanted it simple.
1066
01:07:17,639 --> 01:07:20,509
Simple, but it needs
to have a little bit of...
1067
01:07:20,642 --> 01:07:21,976
What's that word?
1068
01:07:22,111 --> 01:07:24,346
-Charm?
-Exactly.
1069
01:07:24,479 --> 01:07:28,817
You see, it needs to be
charming, make customers smile.
1070
01:07:33,322 --> 01:07:34,656
What's a smile again?
1071
01:07:35,357 --> 01:07:37,492
I think it's the opposite
of that.
1072
01:07:42,197 --> 01:07:43,865
We'll tackle it after lunch.
1073
01:07:44,733 --> 01:07:46,335
You care to join us?
1074
01:07:47,369 --> 01:07:48,903
Not today, boys.
1075
01:07:49,037 --> 01:07:51,306
I need to go have lunch
with an investor.
1076
01:07:54,376 --> 01:07:55,710
-Jeff.
-Yeah.
1077
01:07:55,844 --> 01:07:57,246
Before you go...
1078
01:07:58,547 --> 01:08:00,382
There's a couple of things
that we've been meaning
1079
01:08:00,515 --> 01:08:02,151
-to talk to you about.
-Sure.
1080
01:08:02,251 --> 01:08:05,053
First,
any luck getting us that help?
1081
01:08:05,587 --> 01:08:08,157
The ad's out, but, you know,
I haven't got any leads.
1082
01:08:08,257 --> 01:08:10,425
You mean this job ad?
1083
01:08:12,026 --> 01:08:14,663
"You must have experience
designing and building large
1084
01:08:14,763 --> 01:08:16,765
and complex,
yet maintainable systems,
1085
01:08:16,898 --> 01:08:19,100
and you should be able to do
so in about one-third
1086
01:08:19,234 --> 01:08:21,570
of the time that most competent
people think possible."
1087
01:08:21,703 --> 01:08:24,239
-Perfect.
-"You should have a master's
1088
01:08:24,373 --> 01:08:25,907
degree or doctorate
from a top university.
1089
01:08:26,040 --> 01:08:28,610
World class communication
skills are essential."
1090
01:08:28,743 --> 01:08:30,212
Excellent.
1091
01:08:32,181 --> 01:08:33,548
You go.
1092
01:08:33,715 --> 01:08:35,550
It'll sound nicer
in an English accent.
1093
01:08:36,551 --> 01:08:38,220
With all due respect,
Jeffrey,
1094
01:08:38,887 --> 01:08:40,722
have you lost your bloody mind?
1095
01:08:41,223 --> 01:08:42,791
Why on Earth would someone
1096
01:08:42,924 --> 01:08:44,626
with those qualifications
want to work here?
1097
01:08:44,759 --> 01:08:46,228
You're both working here.
1098
01:08:46,395 --> 01:08:47,896
But you're not describing us
at all.
1099
01:08:48,062 --> 01:08:50,031
Shel attended UC Santa Cruz.
1100
01:08:50,131 --> 01:08:52,066
I got my postdoc in Israel.
1101
01:08:52,234 --> 01:08:54,803
We're not the best,
we're merely the most
1102
01:08:54,936 --> 01:08:57,939
willing to work like dogs
for ludicrously low pay.
1103
01:08:58,807 --> 01:09:00,742
Time is running out,
Jeff, you gotta get off
1104
01:09:00,909 --> 01:09:02,977
your high horse and hire
whoever the hell you can get.
1105
01:09:03,111 --> 01:09:05,480
So, basically
any capable human being?
1106
01:09:07,282 --> 01:09:09,251
All right.
I'll put MacKenzie on it,
1107
01:09:09,418 --> 01:09:11,253
but we gotta figure out where
we're gonna put these people.
1108
01:09:11,420 --> 01:09:13,822
That brings us
to the second thing
1109
01:09:13,955 --> 01:09:15,590
we wanted to talk to you about.
1110
01:09:15,757 --> 01:09:17,959
I mean, look around,
Jeff, come on.
1111
01:09:19,093 --> 01:09:20,929
We could move
those file cabinets
1112
01:09:21,095 --> 01:09:23,598
and squeeze in a couple
of desks over there.
1113
01:09:24,933 --> 01:09:27,969
How are we gonna buy desks?
We've got no money.
1114
01:09:28,102 --> 01:09:30,672
-Jeff!
-Fine.
1115
01:09:30,805 --> 01:09:32,941
We'll figure something out.
All right?
1116
01:09:33,442 --> 01:09:34,943
Maybe I'll use a door.
1117
01:09:42,484 --> 01:09:45,354
Niko! How are you? It's Jeff.
1118
01:09:46,255 --> 01:09:51,326
We're in Seattle
working on a new startup.
1119
01:09:51,993 --> 01:09:53,495
You wanna come over?
1120
01:09:55,630 --> 01:09:57,031
The pay's shit.
1121
01:09:59,501 --> 01:10:02,103
Sure, it probably
pays more than that.
1122
01:10:04,205 --> 01:10:06,441
All right.
I'll send you some information.
1123
01:10:07,709 --> 01:10:09,143
Bye.
1124
01:10:16,885 --> 01:10:19,721
Hello? Arthur!
1125
01:10:19,854 --> 01:10:21,690
It's good to hear from you.
1126
01:10:22,291 --> 01:10:23,525
How's the business coming?
1127
01:10:25,860 --> 01:10:28,663
Yeah.
That's what I like to hear.
1128
01:10:28,830 --> 01:10:31,165
So, to what do I owe
the pleasure today?
1129
01:10:34,669 --> 01:10:39,874
Yeah, yeah, I've heard of it,
the so-called online bookstore.
1130
01:10:44,979 --> 01:10:46,214
Really?
1131
01:10:47,349 --> 01:10:50,919
Yeah, uh-- I-- Thanks, Arthur,
I appreciate you telling me.
1132
01:10:51,052 --> 01:10:52,921
Oh, you better believe
I'm gonna take care of this.
1133
01:10:53,054 --> 01:10:56,425
Yeah, thanks again.
Yeah, we'll talk soon.
1134
01:10:59,561 --> 01:11:01,029
This is where
the magic happens.
1135
01:11:09,037 --> 01:11:10,739
It's a dump.
1136
01:11:10,872 --> 01:11:13,508
I know. Come on, that's
your desk right over there.
1137
01:11:20,415 --> 01:11:22,050
Is this a door?
1138
01:11:22,551 --> 01:11:23,952
It's the best desk
money can buy.
1139
01:11:25,920 --> 01:11:27,622
Now, here's the rest
of the team.
1140
01:11:27,756 --> 01:11:30,058
Shel, Paul, MacKenzie you know.
1141
01:11:30,224 --> 01:11:31,893
Of course.
Hey, MacKenzie.
1142
01:11:32,060 --> 01:11:35,063
So, you've got your computer,
your full setup there.
1143
01:11:35,564 --> 01:11:37,566
-Hey, Jeff.
-Slight problem.
1144
01:11:37,699 --> 01:11:39,100
How slight?
1145
01:11:39,233 --> 01:11:40,969
One that threatens
our very existence.
1146
01:11:41,102 --> 01:11:42,571
British drôlerie there?
1147
01:11:42,737 --> 01:11:44,973
No, deadly serious,
I'm afraid.
1148
01:11:45,774 --> 01:11:47,742
I went to run a test
on the checkout
1149
01:11:47,909 --> 01:11:49,911
to see if we could order
an actual book
1150
01:11:50,078 --> 01:11:52,146
and, to my horror,
the distributor requires
1151
01:11:52,280 --> 01:11:54,449
a 10-book minimum order
on all retailers.
1152
01:11:54,583 --> 01:11:55,917
What?
1153
01:11:56,084 --> 01:11:58,420
Ten books per order,
no exceptions.
1154
01:11:58,587 --> 01:11:59,888
That makes no sense.
1155
01:11:59,988 --> 01:12:02,156
I know. I told them that.
1156
01:12:02,290 --> 01:12:03,925
But seeing as they're
the largest distributor
1157
01:12:04,092 --> 01:12:05,927
with five million titles
and I'm a nobody,
1158
01:12:06,094 --> 01:12:07,762
they weren't really
interested in my opinion.
1159
01:12:07,929 --> 01:12:10,098
It's just how they've always
done business.
1160
01:12:10,264 --> 01:12:11,966
Let's try a different
distributor.
1161
01:12:12,100 --> 01:12:14,002
The only other
distributor that matters
1162
01:12:14,135 --> 01:12:15,770
has the identical policy.
1163
01:12:15,937 --> 01:12:18,840
I humbled myself,
begged them to let our poor,
1164
01:12:18,973 --> 01:12:21,275
fledgling company order
less than a minimum
1165
01:12:21,443 --> 01:12:23,678
and they told me
to go fuck myself.
1166
01:12:24,446 --> 01:12:27,482
Not in those words exactly,
but pretty close.
1167
01:12:28,983 --> 01:12:30,452
So, what's the bottom line?
1168
01:12:31,285 --> 01:12:32,654
For every one book we order,
1169
01:12:32,787 --> 01:12:34,355
we're gonna have to pay
for ten.
1170
01:12:34,489 --> 01:12:36,124
We're gonna burn
through our cash reserves
1171
01:12:36,257 --> 01:12:38,192
in less than three months.
1172
01:12:38,793 --> 01:12:40,662
And then we'll be swimming
in inventory
1173
01:12:40,795 --> 01:12:42,631
we don't even need
with no place to put it.
1174
01:12:53,341 --> 01:12:55,143
How does the payment work?
1175
01:12:56,811 --> 01:12:59,013
Do they charge you
when you order the book?
1176
01:13:00,482 --> 01:13:01,883
Or when they ship it?
1177
01:13:02,651 --> 01:13:04,152
Or when we actually get it?
1178
01:13:04,318 --> 01:13:06,621
-When the books arrive.
-You're sure?
1179
01:13:06,721 --> 01:13:08,122
Yeah.
1180
01:13:08,222 --> 01:13:09,958
So, if we order ten books,
1181
01:13:10,058 --> 01:13:11,660
but only seven arrive--
1182
01:13:11,826 --> 01:13:13,394
We're only billed
for the seven.
1183
01:13:13,528 --> 01:13:15,329
-Niko!
-Yeah.
1184
01:13:15,497 --> 01:13:16,898
You were a biology teacher.
1185
01:13:17,031 --> 01:13:19,000
-Yeah.
-I need you to find me
1186
01:13:19,167 --> 01:13:21,035
the most obscure science
book out there.
1187
01:13:21,169 --> 01:13:23,137
Something that is impossible
to find.
1188
01:13:36,685 --> 01:13:38,352
Here's a hot title.
1189
01:13:38,520 --> 01:13:41,222
The Lichen-Flora of Chicago
and Vicinity
1190
01:13:41,355 --> 01:13:43,391
by William Wirt Calkins.
1191
01:13:43,525 --> 01:13:48,897
Carver Press. 1896.
Definitely out of print.
1192
01:13:49,030 --> 01:13:50,765
Perfect.
1193
01:13:50,899 --> 01:13:52,867
Now, what's the name
of the new Grisham book?
1194
01:13:53,001 --> 01:13:54,703
The Rainmaker.
1195
01:13:54,869 --> 01:13:56,705
Let's go ahead and order
one copy of The Rainmaker,
1196
01:13:57,539 --> 01:14:00,875
nine copies
of Niko's science book.
1197
01:14:02,043 --> 01:14:04,112
And the distributor
should only charge us
1198
01:14:04,245 --> 01:14:05,947
for the one copy
of The Rainmaker.
1199
01:14:06,781 --> 01:14:08,783
Yeah. And if any of the back
ordered books arrive,
1200
01:14:08,917 --> 01:14:10,218
we'll just return them.
1201
01:14:11,219 --> 01:14:12,621
Now what?
1202
01:14:12,754 --> 01:14:14,255
We wait, I suppose.
1203
01:14:14,723 --> 01:14:17,726
No. Full speed ahead.
1204
01:14:17,892 --> 01:14:19,360
Even if it's off a cliff?
1205
01:14:19,460 --> 01:14:22,631
We've done worse. Let's go!
1206
01:14:22,764 --> 01:14:26,134
-Full steam.
1207
01:14:26,267 --> 01:14:27,769
Hello?
1208
01:14:29,437 --> 01:14:30,739
Yeah, this is him.
1209
01:14:36,077 --> 01:14:38,913
I'm available.
Tomorrow?
1210
01:14:42,116 --> 01:14:44,452
I'll be there. Thank you.
1211
01:14:50,224 --> 01:14:51,993
That was Leonard Riggio
of Barnes & Noble.
1212
01:14:52,126 --> 01:14:53,494
What did he want?
1213
01:14:53,628 --> 01:14:54,996
He wants to meet tomorrow.
1214
01:14:55,797 --> 01:14:58,066
Something about
a business opportunity.
1215
01:14:58,567 --> 01:15:00,101
Well, that's good.
1216
01:15:01,102 --> 01:15:04,673
Yeah. That's good.
1217
01:15:38,472 --> 01:15:41,475
-Jeff?
-Oh. Mr. Riggio.
1218
01:15:42,844 --> 01:15:44,545
-Pleasure.
-Good to see you.
1219
01:15:46,781 --> 01:15:48,683
What would you like
to talk about?
1220
01:15:48,817 --> 01:15:51,853
An old friend
gave me a call the other day.
1221
01:15:53,021 --> 01:15:54,689
Told me about you, actually.
1222
01:15:55,289 --> 01:15:57,191
Seems you didn't take my advice
1223
01:15:57,325 --> 01:16:00,629
and you're still going around
trying to get investments.
1224
01:16:01,129 --> 01:16:02,664
Can you blame me?
1225
01:16:03,865 --> 01:16:07,068
See, it's not that you're
pursuing this silly little idea
1226
01:16:07,201 --> 01:16:09,337
that bothers me,
it's the fact that apparently
1227
01:16:09,503 --> 01:16:10,739
you still are referring to it
1228
01:16:10,872 --> 01:16:12,173
as the world's
biggest bookstore.
1229
01:16:13,675 --> 01:16:15,209
I don't see a problem with it.
1230
01:16:15,343 --> 01:16:17,211
You-- You don't see
why that offends me?
1231
01:16:18,012 --> 01:16:19,914
-No.
-Well, then, I'll tell you.
1232
01:16:21,683 --> 01:16:23,584
How old are you Jeff?
What, about 35?
1233
01:16:23,718 --> 01:16:25,253
Thirty-one.
1234
01:16:25,386 --> 01:16:28,389
When you were a one-year-old,
1235
01:16:28,522 --> 01:16:32,861
I opened a little shop called,
uh, Student Book Exchange.
1236
01:16:33,527 --> 01:16:35,697
I was just a kid
at the time at NYU,
1237
01:16:35,830 --> 01:16:39,367
but it turned into be
a major retailer.
1238
01:16:39,533 --> 01:16:41,269
Coast to coast.
1239
01:16:41,402 --> 01:16:43,537
Well, I mean, that's amazing.
1240
01:16:43,672 --> 01:16:46,240
You should just listen,
you might learn something.
1241
01:16:47,375 --> 01:16:49,210
So, a little bit later,
1242
01:16:49,343 --> 01:16:50,912
it was when you were
about seven years old,
1243
01:16:51,045 --> 01:16:54,048
I acquired a little shop
called Barnes & Noble,
1244
01:16:54,215 --> 01:16:56,250
and I liked its name,
so I used it
1245
01:16:56,384 --> 01:16:58,219
after I picked up
a few hundred more shops.
1246
01:16:59,220 --> 01:17:02,056
But Wall Street said,
"Well, there's no more room,
1247
01:17:02,223 --> 01:17:04,425
my friend, to grow
in the book industry,"
1248
01:17:04,558 --> 01:17:09,230
and I said, "Fuck you.
I'm just getting started."
1249
01:17:10,264 --> 01:17:12,600
And that's when I invented
the superstore.
1250
01:17:13,234 --> 01:17:16,971
So, you don't understand
why you calling yourself
1251
01:17:17,105 --> 01:17:18,907
the world's biggest
bookstore offends me?
1252
01:17:19,607 --> 01:17:22,310
Well, it's because
it's a goddamn lie.
1253
01:17:22,443 --> 01:17:25,446
We hold that title and will
for many more years to come.
1254
01:17:25,980 --> 01:17:27,749
And if we ever lose it,
1255
01:17:27,916 --> 01:17:32,721
it'll be to Crown or,
I don't know, Kmart or Borders.
1256
01:17:34,088 --> 01:17:36,590
Not to some dope who's
working out of a shit hole,
1257
01:17:36,758 --> 01:17:39,728
who hasn't sold one
single book in his entire life.
1258
01:17:39,828 --> 01:17:41,062
I understand.
1259
01:17:41,162 --> 01:17:44,232
Yeah, I'm pretty articulate.
1260
01:17:45,934 --> 01:17:48,569
You see, it's not meant to be
taken literally.
1261
01:17:49,270 --> 01:17:51,239
It's just a way
for our customers to understand
1262
01:17:51,339 --> 01:17:54,008
the vast extent and potential
of the Internet.
1263
01:17:54,142 --> 01:17:56,177
See, I don't care
what your intentions are,
1264
01:17:56,310 --> 01:17:58,279
just stop saying it.
1265
01:17:59,280 --> 01:18:01,950
You don't
and I'll sue your ass.
1266
01:18:02,650 --> 01:18:05,086
But not right now, no.
1267
01:18:05,186 --> 01:18:07,321
Not even after you've actually
sold a few thousand books.
1268
01:18:07,455 --> 01:18:09,657
I'm gonna wait
for just the right time,
1269
01:18:09,791 --> 01:18:11,125
like the week
that you go public.
1270
01:18:11,760 --> 01:18:13,795
And then you'll be dead
in the crib.
1271
01:18:14,495 --> 01:18:17,966
Or I can make you
a proposal right now
1272
01:18:18,132 --> 01:18:21,035
so we can bury this idea five
feet, under where it belongs.
1273
01:18:22,636 --> 01:18:25,506
Barnes & Noble is willing
to acquire this idea
1274
01:18:25,639 --> 01:18:28,342
from you for the gracious
sum of $1 million.
1275
01:18:29,510 --> 01:18:31,813
I mean, God knows that's
more than what it's worth.
1276
01:18:32,280 --> 01:18:34,215
But, you know,
it should be enough for you
1277
01:18:34,348 --> 01:18:35,817
to cover and recoup
your losses,
1278
01:18:35,950 --> 01:18:37,518
pay whoever you owe,
1279
01:18:37,651 --> 01:18:40,822
and bother someone
other than myself.
1280
01:18:42,123 --> 01:18:43,491
You're naive.
1281
01:18:44,993 --> 01:18:48,662
Frankly,
insults me to a degree,
1282
01:18:48,830 --> 01:18:54,735
but you have ambition that
reminds me of my younger self.
1283
01:18:55,669 --> 01:18:57,671
I, too, had dreams
of being a conqueror,
1284
01:18:57,839 --> 01:19:02,743
but you would be a fool
not to take this offer.
1285
01:19:07,681 --> 01:19:09,017
See,
you have one thing wrong.
1286
01:19:10,919 --> 01:19:12,420
I'm not a conqueror.
1287
01:19:14,022 --> 01:19:15,523
I'm an explorer.
1288
01:19:15,689 --> 01:19:17,391
What's the difference?
1289
01:19:19,193 --> 01:19:20,761
It pays to explore.
1290
01:19:23,231 --> 01:19:25,834
You remember that time
at that bar in Miami?
1291
01:19:27,235 --> 01:19:28,769
I was so excited.
1292
01:19:28,903 --> 01:19:31,705
I'm meeting Leonard Riggio,
the legend,
1293
01:19:31,873 --> 01:19:35,709
CEO of Barnes & Noble,
and inviting him
1294
01:19:35,877 --> 01:19:39,380
on this journey with me
to invest in amazon.com.
1295
01:19:40,882 --> 01:19:42,683
And when you walked out
on that meeting,
1296
01:19:42,783 --> 01:19:44,552
I realized something.
1297
01:19:47,455 --> 01:19:51,392
You're the past
and I'm the future.
1298
01:19:52,726 --> 01:19:55,629
And one day, your stores
will start to close,
1299
01:19:55,763 --> 01:19:57,598
just like all those
independent bookstores
1300
01:19:57,731 --> 01:19:59,901
you proudly
put out of business.
1301
01:20:00,634 --> 01:20:03,571
And your empire
will begin to crumble
1302
01:20:04,138 --> 01:20:06,941
the day that my website
goes live.
1303
01:20:28,963 --> 01:20:31,465
Jeff? How'd it go?
1304
01:20:31,599 --> 01:20:33,167
-Good.
1305
01:20:33,301 --> 01:20:35,103
He offered to buy us out.
1306
01:20:35,769 --> 01:20:37,271
-What?
-How much?
1307
01:20:37,405 --> 01:20:38,772
A million.
1308
01:20:41,642 --> 01:20:43,444
Yes!
1309
01:20:45,146 --> 01:20:47,115
You said yes, right?
1310
01:20:47,615 --> 01:20:49,317
I told him to go fuck himself.
1311
01:20:49,450 --> 01:20:51,119
Are you bloody mad?
1312
01:20:53,754 --> 01:20:56,991
You see, he's willing
to pay us a million dollars
1313
01:20:57,125 --> 01:20:59,961
before we're even live.
Doesn't that tell you anything?
1314
01:21:00,128 --> 01:21:03,131
He's scared. He's scared
of what we're gonna become.
1315
01:21:03,297 --> 01:21:05,166
Jeff, be sensible.
1316
01:21:05,299 --> 01:21:07,668
We don't have any cash,
we don't have any investors.
1317
01:21:07,801 --> 01:21:09,703
At this rate, we're never
gonna get off the ground.
1318
01:21:09,837 --> 01:21:11,505
Why are you challenging me
about this?
1319
01:21:11,639 --> 01:21:13,674
I'm not challenging you.
1320
01:21:13,807 --> 01:21:15,809
Listen, do I need to go
under this table,
1321
01:21:15,977 --> 01:21:17,711
get the certificate
that says I'm the CEO
1322
01:21:17,845 --> 01:21:19,780
of this company
to tell you to trust me?
1323
01:21:20,648 --> 01:21:22,016
Honey...
1324
01:21:22,650 --> 01:21:26,187
Anyways, after what I told him,
that deal's gone.
1325
01:21:26,320 --> 01:21:28,189
But I do have good news.
1326
01:21:28,322 --> 01:21:31,692
What good news could you
possibly give us after this?
1327
01:21:31,825 --> 01:21:33,127
Our name.
1328
01:21:34,328 --> 01:21:35,829
Come on. Get close.
1329
01:21:35,997 --> 01:21:37,665
Come on! Drumroll, please.
1330
01:21:47,508 --> 01:21:50,078
Whoa!
1331
01:21:51,512 --> 01:21:52,913
I like that!
1332
01:21:53,047 --> 01:21:55,749
Amazon.com!
1333
01:21:55,883 --> 01:21:57,986
Named after the world's
largest river!
1334
01:21:58,086 --> 01:22:00,989
Actually, five times bigger
than the second largest river.
1335
01:22:01,089 --> 01:22:02,923
Bet he tells us
what it is.
1336
01:22:03,057 --> 01:22:04,825
The Congo, of course.
1337
01:22:04,925 --> 01:22:06,927
Amazon.com is a name
we'll never need to change.
1338
01:22:07,061 --> 01:22:11,099
It tells everybody that we are
the world's biggest bookstore.
1339
01:22:11,232 --> 01:22:13,534
And it starts with an A,
just for you.
1340
01:22:16,437 --> 01:22:22,410
-Yeah.
-Um, is it Amazon.com
1341
01:22:23,077 --> 01:22:26,047
or without and just Amazon?
1342
01:22:26,214 --> 01:22:29,383
It's Amazon.com. The dot com
is-- is to be included
1343
01:22:29,550 --> 01:22:31,085
in every instance.
1344
01:22:31,219 --> 01:22:34,955
One more question. Um, why?
1345
01:22:35,856 --> 01:22:37,791
See,
the dot com tells our customers
1346
01:22:37,925 --> 01:22:41,562
that we exist exclusively
on the internet.
1347
01:22:41,695 --> 01:22:44,232
That's true of a lot of places.
1348
01:22:44,865 --> 01:22:46,634
No one else uses the dot com.
1349
01:22:47,568 --> 01:22:49,803
But we will be the first.
1350
01:22:52,440 --> 01:22:54,908
All right. Niko, you still
got those friends in New York?
1351
01:22:55,076 --> 01:22:56,910
Sure, I know some guys.
1352
01:22:57,045 --> 01:22:58,312
Well, we need to raise
some money fast.
1353
01:22:58,446 --> 01:22:59,913
Let's get some new investors.
1354
01:23:00,048 --> 01:23:01,415
Shel, let's pull up
that homepage.
1355
01:23:01,582 --> 01:23:02,916
Come on, let's get to work.
1356
01:23:07,255 --> 01:23:10,091
Now, see where it says
"World's Biggest Bookstore?"
1357
01:23:10,724 --> 01:23:12,260
Cut it.
1358
01:23:12,426 --> 01:23:14,495
Now, scroll
all the way to the top.
1359
01:23:16,097 --> 01:23:19,600
Right there. On the top.
1360
01:23:24,004 --> 01:23:25,306
Bolder.
1361
01:23:26,107 --> 01:23:28,976
Bolder. Perfect.
1362
01:24:02,543 --> 01:24:04,445
Yeah.
1363
01:24:23,131 --> 01:24:25,866
-It worked!
1364
01:24:25,999 --> 01:24:29,002
-Whoo!
-Nice.
1365
01:24:29,137 --> 01:24:31,339
-Oh, wow.
1366
01:24:32,673 --> 01:24:34,575
Because it's an online model,
1367
01:24:34,708 --> 01:24:37,010
we believe we can have
significant cost advantages
1368
01:24:37,145 --> 01:24:38,879
and undercut our competitors.
1369
01:24:39,012 --> 01:24:40,681
And what's to stop them
both from opening
1370
01:24:40,814 --> 01:24:42,583
their own online stores?
1371
01:24:42,716 --> 01:24:44,852
Well, they likely will.
Um, but they're doomed to fail.
1372
01:24:44,985 --> 01:24:46,520
Because they're probably
gonna be competing
1373
01:24:46,654 --> 01:24:48,222
with themselves
in that scenario, right?
1374
01:24:48,356 --> 01:24:50,358
Exactly.
Their physical locations.
1375
01:24:50,491 --> 01:24:52,025
And to compete,
they're gonna have to close
1376
01:24:52,160 --> 01:24:53,727
those physical locations,
1377
01:24:53,861 --> 01:24:55,596
and I doubt
they're gonna do that.
1378
01:24:55,729 --> 01:24:57,431
And if they do,
it's not gonna be anytime soon.
1379
01:24:57,565 --> 01:24:59,533
By then, Amazon will have
the market share
1380
01:24:59,700 --> 01:25:01,269
and it'll be too late.
1381
01:25:01,402 --> 01:25:04,037
Exactly. We believe that
we will probably lose money
1382
01:25:04,205 --> 01:25:06,374
for up to 20 years.
1383
01:25:06,507 --> 01:25:09,543
Uh, but at Amazon.com,
we're focused on the long-term.
1384
01:25:09,677 --> 01:25:12,246
Uh, not short-term
profitability.
1385
01:25:12,380 --> 01:25:15,082
Um, because we don't charge
our customers sales tax,
1386
01:25:15,216 --> 01:25:18,719
uh, we believe we can continue
to gain market share,
1387
01:25:18,852 --> 01:25:20,621
um, without profitability.
1388
01:25:20,754 --> 01:25:23,724
You're talking about
monopolizing the market here.
1389
01:25:23,891 --> 01:25:25,893
You really want to get
into that, Mr. Bezos?
1390
01:25:26,059 --> 01:25:29,230
Monopolizing is-- is a very,
uh, harsh word.
1391
01:25:29,397 --> 01:25:31,532
Um, it's more survival
of the fittest.
1392
01:25:31,632 --> 01:25:33,601
Um, the smaller companies
will fail.
1393
01:25:33,734 --> 01:25:35,869
Obviously,
in order for us to succeed,
1394
01:25:35,969 --> 01:25:37,938
we need to continuously
be raising capital,
1395
01:25:38,071 --> 01:25:41,442
and, um, this company will
require significant amounts
1396
01:25:41,575 --> 01:25:43,644
of capital if we're gonna
build the infrastructure
1397
01:25:43,777 --> 01:25:45,145
and the system
to have higher revenue
1398
01:25:45,279 --> 01:25:46,814
and higher profitability
down the road.
1399
01:25:46,947 --> 01:25:48,982
But you have
so many big box stores.
1400
01:25:49,116 --> 01:25:50,718
They're not gonna let you
get away with this.
1401
01:25:50,818 --> 01:25:52,786
Well, physical locations
are paying up
1402
01:25:52,920 --> 01:25:55,256
to $10 a square foot
when we pay pennies
1403
01:25:55,423 --> 01:25:56,824
a square foot
for our warehouses
1404
01:25:56,957 --> 01:25:58,559
that can be located
just outside
1405
01:25:58,659 --> 01:26:00,394
of big metropolitan areas.
1406
01:26:00,494 --> 01:26:02,596
Uh, we only have a small
facility right now in Seattle,
1407
01:26:02,763 --> 01:26:05,799
but we believe expanding
those facilities nationwide
1408
01:26:05,933 --> 01:26:08,101
will get the product
to our customers quicker
1409
01:26:08,269 --> 01:26:11,272
and allow us to maintain
that lower cost structure.
1410
01:26:11,439 --> 01:26:13,641
To me,
if I'm hearing you correctly,
1411
01:26:13,774 --> 01:26:15,609
you're open 24 hours,
1412
01:26:15,776 --> 01:26:18,178
it's faster and easier
to buy books,
1413
01:26:18,312 --> 01:26:20,248
it's cheaper
'cause of sales tax,
1414
01:26:20,348 --> 01:26:22,350
and it's cheaper
for you to deliver that
1415
01:26:22,483 --> 01:26:24,685
'cause you don't have the cost
of brick and mortar.
1416
01:26:24,818 --> 01:26:26,320
Does it end with books,
1417
01:26:26,454 --> 01:26:28,188
or would there be
an opportunity to sell
1418
01:26:28,322 --> 01:26:30,190
other products and services
to this customer base?
1419
01:26:30,324 --> 01:26:33,126
Other categories that we look
to expand into are music
1420
01:26:33,294 --> 01:26:36,464
and, um, other
vast library categories.
1421
01:26:45,973 --> 01:26:49,310
I mean that was the greatest
performance ever.
1422
01:26:49,443 --> 01:26:51,345
-Thanks!
-And it means a lot, like,
1423
01:26:51,479 --> 01:26:53,514
when you said
full steam ahead, like this--
1424
01:26:53,647 --> 01:26:55,349
But what about
small businesses?
1425
01:26:55,483 --> 01:26:57,818
-What about 'em?
-They're honest people.
1426
01:26:57,951 --> 01:26:59,687
We're a small business,
1427
01:26:59,820 --> 01:27:01,154
we should be helping
each other out.
1428
01:27:01,289 --> 01:27:02,990
We won't be for long.
1429
01:27:03,123 --> 01:27:05,826
If this is gonna work,
we have to continue to scale.
1430
01:27:09,530 --> 01:27:11,665
-All right, team.
1431
01:27:13,301 --> 01:27:17,338
So, as you all know,
beta testing begins today.
1432
01:27:17,838 --> 01:27:20,173
We've assembled a list of
several hundred of our friends
1433
01:27:20,341 --> 01:27:22,343
and family
that will be receiving a link
1434
01:27:22,476 --> 01:27:25,379
to a test site where
they can place test orders.
1435
01:27:25,513 --> 01:27:27,348
Of course,
they could place a real order,
1436
01:27:27,481 --> 01:27:28,649
but there's a chance that
1437
01:27:28,749 --> 01:27:30,150
there'll still be some
glitches.
1438
01:27:30,250 --> 01:27:33,654
Now, there's a lot
of work to be done
1439
01:27:33,754 --> 01:27:39,560
before the whole site goes live
in July, but there's a saying.
1440
01:27:39,693 --> 01:27:41,562
You can work long,
you can work hard,
1441
01:27:41,695 --> 01:27:43,196
and you can work smart,
1442
01:27:43,364 --> 01:27:44,765
but you can only
pick two of them.
1443
01:27:45,366 --> 01:27:48,836
At Amazon.com, we need
all three every single day.
1444
01:27:48,936 --> 01:27:52,272
If we're gonna make Amazon.com
the world's greatest website,
1445
01:27:52,406 --> 01:27:55,075
it begins with all
of our hard work.
1446
01:27:55,208 --> 01:27:56,610
So, let's go.
1447
01:28:17,398 --> 01:28:19,066
Ready?
1448
01:28:26,073 --> 01:28:28,976
-We're live.
1449
01:28:52,400 --> 01:28:54,334
I'm going to get
something to eat.
1450
01:28:55,636 --> 01:28:57,004
Care to join me?
1451
01:28:59,106 --> 01:29:00,841
-I'm gonna hang back.
-All right.
1452
01:29:01,575 --> 01:29:03,677
-Niko?
-Yeah, I could eat.
1453
01:29:04,478 --> 01:29:07,180
-Jeff?
-I'm good, thank you.
1454
01:29:07,314 --> 01:29:10,451
-All right.
1455
01:29:24,432 --> 01:29:25,999
Jeff, can I talk to you
for a second?
1456
01:29:26,133 --> 01:29:27,468
Sure.
1457
01:29:29,637 --> 01:29:31,639
So, I guess because
we're on the home stretch now,
1458
01:29:31,805 --> 01:29:33,373
I've been thinking.
1459
01:29:33,507 --> 01:29:35,375
I look at everything
I've given to this company
1460
01:29:35,509 --> 01:29:38,145
and quite frankly,
I put everything I had into it.
1461
01:29:38,311 --> 01:29:40,013
Paul has, too.
1462
01:29:40,147 --> 01:29:41,715
I mean, we built the damn site.
1463
01:29:41,849 --> 01:29:43,316
The site is everything,
you know that.
1464
01:29:43,984 --> 01:29:45,553
You guys are rock stars,
I know.
1465
01:29:47,220 --> 01:29:49,122
So, I guess
what I'm wondering is,
1466
01:29:49,222 --> 01:29:51,992
why aren't we founders
along with you and MacKenzie?
1467
01:29:52,159 --> 01:29:54,462
Why aren't we receiving
founder's shares?
1468
01:29:57,565 --> 01:29:58,966
'Cause you never asked.
1469
01:30:02,335 --> 01:30:04,572
You remember that time
we got together for coffee?
1470
01:30:04,705 --> 01:30:06,574
Came up with the terms
of your agreement,
1471
01:30:06,707 --> 01:30:09,643
wrote up the contract,
which you signed.
1472
01:30:11,011 --> 01:30:16,016
Now, whatever the difference
is from what you did receive
1473
01:30:17,350 --> 01:30:20,688
to what you believe you're due
should be a lesson to you.
1474
01:30:21,388 --> 01:30:24,424
Know your worth, Shel.
1475
01:30:27,561 --> 01:30:29,663
When we had first met
in that coffee shop,
1476
01:30:29,763 --> 01:30:31,264
I knew my worth.
1477
01:30:32,032 --> 01:30:34,167
I knew my worth so much,
I was willing to follow
1478
01:30:34,267 --> 01:30:36,704
this dream of yours
to revolutionize commerce.
1479
01:30:38,071 --> 01:30:39,907
I know you wanna
change the world,
1480
01:30:40,040 --> 01:30:42,075
Jeff, but what're you trying
to change it to?
1481
01:30:42,876 --> 01:30:44,745
Huh. To think
I figured you out.
1482
01:30:52,586 --> 01:30:54,221
I just want to make history.
1483
01:31:38,265 --> 01:31:40,968
Hey. I'm going to bed.
You should, too.
1484
01:31:41,101 --> 01:31:45,072
-I should, too.
-No, but really. You should.
1485
01:31:46,607 --> 01:31:48,308
It's the weekend.
1486
01:31:48,441 --> 01:31:50,410
The test is running smoothly,
and there's no reason
1487
01:31:50,510 --> 01:31:52,512
why you can't get a good
night's sleep with your wife.
1488
01:31:54,615 --> 01:31:56,116
While you're at it,
1489
01:31:56,283 --> 01:31:57,785
why don't you send
Paul and Shel home, too.
1490
01:31:57,951 --> 01:31:59,620
You're right.
1491
01:32:00,287 --> 01:32:02,022
Don't sound too excited.
1492
01:32:03,791 --> 01:32:08,095
I just feel like watching
my toddler learn how to walk.
1493
01:32:09,797 --> 01:32:11,464
If I don't pay attention...
1494
01:32:11,632 --> 01:32:14,167
It's gonna crack its head open
on a chrome coffee table?
1495
01:32:14,635 --> 01:32:16,169
Exactly.
1496
01:32:18,371 --> 01:32:20,007
That's a feeling
I wouldn't trust.
1497
01:32:20,641 --> 01:32:22,009
It's just a test.
1498
01:32:22,876 --> 01:32:24,344
None of this matters yet,
1499
01:32:24,477 --> 01:32:26,313
it's gonna be a few weeks
before any orders
1500
01:32:26,479 --> 01:32:28,716
even maybe come in,
you know--
1501
01:32:35,889 --> 01:32:37,725
Is that what I think it is?
1502
01:32:38,191 --> 01:32:40,661
Fluid Concepts
and Creative Analogies.
1503
01:32:42,495 --> 01:32:43,697
Paid with a credit card.
1504
01:32:44,364 --> 01:32:45,866
We got our first order.
111956
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