Here’s a golden rule Jeff Bezos seems to have forgotten: never let your ego get in the way of doing business

Enrique Dans
Enrique Dans
Published in
3 min readSep 6, 2023

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IMAGE: A New Shepard rocket launches on a test flight
IMAGE: Blue Origin

In April 2022, Amazon announced the launch of its Kuiper Systems telecommunications subsidiary, having obtained a license to launch 3,236 Low Earth Orbit (LEO) satellites. To put those satellites into space, the company said it had contracted 83 rocket launches with three suppliersUnited Launch Alliance, Arianespace and its own company, Blue Origin leaving out Elon Musk’s SpaceX, the most advanced, cutting-edge and, above all, cost-competitive supplier, a company that has been able to apply economies of scale, revolutionizing the aerospace industry.

Basically, Amazon decided to hire everyone but SpaceX. As I wrote at the time, that was a stupid decision: given the low launch frequency of the competitors it had hired, it jeopardized the goal committed to the FCC of launching at least half of the satellites by 2026.

Now, a pension fund that has Amazon stock in its portfolio has just sued the company, its founder and then CEO, Jeff Bezos, along with its board of directors

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Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)