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My First Million

In bay area, for example, housing costs create pressure on people to jump ship pretty fast, switching companies every year. It is a rational economic strategy to maximize individual's gains, given startup uncertainty, but it is not great for startups.

To build a long-lasting conglomerate like Amazon, able to take on any new challenge, you need people who stay with the company, stay energized, and look forward to building the next chapter.

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