Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

BEZOS: I Have Spent Billions Of Dollars On Failed Bets - But I'll Never Do This

Devan Joseph,Kamelia AngelovaDec 4, 2014, 18:18 IST

Your browser doesn't support HTML5 video.

kalturavideoplaceholder

Amazon CEO Jeff Bezos explains the importance of "bold bets" with Henry Blodget at Business Insider's Ignition 2014. He says they've actually helped cover billions of dollars in failures.

Edited by Devan Joseph. Special thanks to Justin Gmoser and Sam Rega.

Follow BI Video: On Facebook

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.