WHERE THERE’S SMOKE, THERE’S A BURN RATE

“It’s absolutely true that we have a lot of operating leverage as a result of our fixed investment in these distribution centers that we are not fully utilizing.”

Amazon.com CEO Jeff Bezos, whose e-commerce empire continues to spend more money than it takes in, as evidenced by its January decision to lay off some 150 employees it wasn’t fully utilizing, Business Week Online, 30 June 2000

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GARBAGE IN, GARBAGE OUT

“Some of the things our investigation did may have been unsavory, certainly from a personal hygiene point. I mean, garbage, yuck.”

Oracle CEO Larry Ellison, on the cash-for-trash scandal set off by his company’s funding of investigations of organizations believed to be Microsoft front groups, San Jose Mercury News, 29 June 2000