BILL’s Post

Amazing Results of Amazon & Amazon Web Services (AWS) In 2023, Amazon’s total revenue grew 12% year-over-year (“YoY”) from $514B to $575B. By segment, North America revenue increased 12% YoY from $316B to $353B, International revenue grew 11% YoY from $118B to $131B, and AWS revenue increased 13% YoY from $80B to $91B. Further, Amazon’s operating income and Free Cash Flow (“FCF”) dramatically improved. Operating income in 2023 improved 201% YoY from $12.2B (an operating margin of 2.4%) to $36.9B (an operating margin of 6.4%). Trailing Twelve Month FCF adjusted for equipment finance leases improved from -$12.8B in 2022 to $35.5B (up $48.3B). Message from Jeff Bezos: It’s All About the Long Term We believe that a fundamental measure of our success will be the shareholder value we create over the long term. The stronger our market leadership, the more powerful our economic model. Market leadership can translate directly to higher revenue, higher profitability, greater capital velocity, and correspondingly stronger returns on invested capital. We want to share with you our fundamental management and decision-making approach so that you, our shareholders, may confirm that it is consistent with your investment philosophy: * We will continue to focus relentlessly on our customers. * We will continue to make investment decisions in light of long-term market leadership considerations rather than short-term profitability considerations or short-term Wall Street reactions. * We will continue to measure our programs and the effectiveness of our investments analytically, to jettison those that do not provide acceptable returns, and to step up our investment in those that work best. We will continue to learn from both our successes and our failures. * We will make bold rather than timid investment decisions where we see a sufficient probability of gaining market leadership advantages. Some of these investments will pay off, others will not, and we will have learned another valuable lesson in either case. * We will balance our focus on growth with emphasis on long-term profitability and capital management. At this stage, we choose to prioritize growth because we believe that scale is central to achieving the potential of our business model. * We will continue to focus on hiring and retaining versatile and talented employees, and continue to weight their compensation to stock options rather than cash. We know our success will be largely affected by our ability to attract and retain a motivated employee base, each of whom must think like, and therefore must actually be, an owner. Above is the script from the letter to shareholders attached in link below. Worth reading.... #amazon #aws #amazonprime #USA #jeffbezos #donaldtrump #narendramodi #flipkart #meesho #tataneu #tata #thisistata Tata Group Tata Neu Tata CLiQ Luxury Reliance Retail Reliance Jio https://lnkd.in/d7wCWP8z

NICE keeps crushing it. In Q2, it outperformed its competitors with the highest growth rate and profitability. On top of this, the hiring of Scott Russell as CEO aligns well with its stated ambition to become a $5B, rule of 40 FCF company. At the heart of NICE's strategy is the ability to automate enterprise processes and monetize the data flowing through the platform. This is not an easy game because the AI economics are still hazy, but winners will be rewarded handsomely.

I've worked primarily on #ecommerce turnarounds. Typical profile: 100M in revenue, losing 10M. Current owners want to get it off the books. Michael Epstein and I would come in with new PE ownership and right the ship, get it profitable, and (ideally) sell it in a few years. Over the 15 years we've been doing this, we've developed a playbook of sorts. Over the next 31 days of March, I'll try to share a tip a day from this playbook. (Oh, and one of the nice things about turnarounds--the lessons are relevant to anyone wanting to drive revenue and cut costs in a short period of time!) Turnaround Tip #1: Move from a custom IT stack to off-the-shelf stack. AutoAnything and Karmaloop were running on a server rack in a physical location… no cloud. At both companies, one could literally trip on a cord and unplug the website, turning off $100M in revenue. This legacy approach required developers and sysadmins and IT staff and consultants and . . . you get the idea. All in the maintenance costs was in the high seven-figures. Our first step was always moving off legacy infrastructure ASAP. Plug-and-play off-the-shelf ecom allowed us to focus on building a team around the things that moved the top line (revenue). Want to save these tips for later? Download the all 30 tips from the series here: https://lnkd.in/ehZn75VJ

Big News at Purechannels! We’ve got some exciting updates to share—Purechannels is heading in a fresh direction! We’re now laser-focused on helping cloud vendors and ISVs with joint go-to-market strategies and partner engagement solutions that really make a difference. Why the change? Simple—because great partnerships aren’t just about logos. It’s about telling the right story, driving demand, and creating long-term growth. And don’t worry, the creative work you know us for isn’t going anywhere! We’re just taking things up a notch to better serve the unique challenges in the indirect channel. Want to learn more? Check out our new website and see how we’re helping businesses UNLEASH. Indirect Revenue. www.purechannels.com Kata Bates, Sachin Pathre, Cory Engwicht, Caroline McKnight, Shaun van Staden, Michael Garrison, Anne Barraque-Benoit, Louise Barnett, Isabela Gagliardi, Paula Dunphy, Jessica Fong, Jessica Espinoza, Boone Quesnel, Amanda Bagley, Dave Greenberger, Gareth Lockwood, Kimberly Cornelius, Kimberly Matienzo,Cody Sunkel

💰 The story of the office boy who made three crores in an IPO! 👨🏻 When Route Mobile, the cloud communications platform provider, went public in 2021, it made many employees millionaires—including an office boy working for the company. 💬 In this episode of "In Conversation with Shradha Sharma," Rajdip Gupta, Group CEO of Route Mobile, shares this moving instance of the company’s profound impact not just on its investors but also on everyday employees. 🎥 Enjoyed the snippet? Watch the entire inspiring conversation here: https://lnkd.in/ghvnkMVv Route Mobile Limited

Hey we are half way though my month-long "#Turnaround Tips" series, so I figure it's time for a recap. Most of my #ecommerce career has been spent turning around big, busted brands. Over the years I've developed a playbook of sorts--things I come back to time after time to either juice revenue or cut costs. I'm sharing some of the more bite-sized ones daily all March. . .I hope they help you grow profits at your own brand. Recap: 1) Move from a custom IT stack to off-the-shelf stack https://lnkd.in/eN8P7XmG 2) Set the right culture https://lnkd.in/efE6tpVF 3) Break the business into Strategic vs. Non-strategic costs https://lnkd.in/eAsxGmnJ 4) Reduce your subsidy cost https://lnkd.in/e8k-5jf4 5) Increase prices https://lnkd.in/e8QWgbXj 6) Adopt zero based budgeting https://lnkd.in/eP8DHmV3 7) Learn to love the discount ladder https://lnkd.in/eAinAPzv 8) Rework how you compensate the team https://lnkd.in/egEEDXAh 9) Jam suppliers https://lnkd.in/eZg5ddwK 10) Fix your 1x buyer problem https://lnkd.in/eEkQRmQ4 More in comments . . .

Today on #TheSharkpreneurPodcast with Seth Greene: Jody Grunden is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. Listen to this informative Sharkpreneur episode with Jody Grunden about the evolution of virtual CFO services. Here are some of the beneficial topics covered on this week’s show: - How being innovative, solving problems, and always looking to improve processes and services will lead you to success. - How a virtual CFO is perfect for companies who cannot afford a full-time CFO. - Why going completely virtual fueled the firm’s growth. - How having a subscription-based billing model provides clients with predictable fees. - How it’s vital to document processes and maintain a strong culture during mergers. Listen NOW: https://bit.ly/2XA9KF5 #kevinharrington #sethgreene #sharkpreneurs

Hello, my name is Mohammad Samiullah, and I am an expert academic content writer with three years of experience. I can help you excel in your academic projects with high-quality, tailored content. Here’s how I can assist you: Essay Writing: Research Analysis: Thesis & Proposals: Report Writing: Creating Presentation Skills: Well familaire with all types of references style including Harvard APA MLA Chicago Oscola IEEE Providing quality content with 0% Plagisrism 0% AI On time Delivery Well Researched and Properly Orgnized Let's discuss further

The rising tide may lift all boats, but that doesn't translate well to industry demand. We now add a new company to our potential Shorts & Frauds list where the management walkout in this $3.1B cloud infrastructure company continues as the retention declines. "Despite strong industry tailwinds, key executives continue to jump ship as declining retention rates persist. Addressing this will likely require significant investment. Coupled with modest ARPU and slowing ARR growth, this warrants a cautious approach." https://lnkd.in/dRARsi2E

In Q3, we delivered outperformance across all 3rd quarter guided metrics, while also seeing 24% year-over-year ARR growth and strong year-to-date free cash flow. #NTNX $NTNX