‘I needed to..’: Jeff Bezos reveals why he stepped down as Amazon CEO

Amazon founder Jeff Bezos had stunned the world when he determined to step down because the CEO of his personal firm a few years in the past. In a latest podcast with Lex Fridman, he revealed why he determined to take such a drastic profession determination.

During a latest episode of the Lex Fridman Podcast, Jeff Bezos revealed that he had been pondering stepping down because the Amazon CEO as a result of he needed to concentrate on one other challenge of his – Blue Origin.

The billionaire mentioned on the podcast that the actual purpose why he resigned because the CEO of Amazon was his deep dedication in direction of he newer enterprise Blue Origin, an area exploration and aerospace firm, tapping into the up-and-coming trade.

Bezos mentioned that whereas Amazon had been thriving underneath his management, he noticed that Blue Origin wanted his consideration extra. He determined that juggling each Amazon and his area enterprise may very well be problematic, particularly for the reason that approach area sector is rising at the moment.

During the podcast, the billionaire mentioned, “As the CEO of a publicly traded company, it’s going to get my full attention. And it’s just how I think about things.” He additional mentioned that since he joined Blue Origin full time, he has “never worked harder”.

All about Jeff Bezos’ agency Blue Origin

Blue Origin was based by Bezos in 2000, and began out as an aerospace and rocket manufacturing firm. While not a lot is understood concerning the early years of the corporate, its growth of a reusable rocket referred to as New Shepard has been a landmark achievement within the agency’s historical past.

Blue Origin is a direct competitor of Elon Musk’s SpaceX and Richard Branson’s Virgin Galactic. However, on the subject of billionaire-owned non-public area companies, Jeff Bezos is closely trailing behind Elon Musk.

Jeff Bezos’ Blue Origin has additionally signed a contract with NASA for the corporate’s Blue Moon mission. It might be launched in partnership with NASA’s Artemis V missions, which goal to ship manned spacecrafts to Moon and Mars.