Here at Web 2.0 Summit Zappos CEO Tony Hsieh has just made an unlikely revelation for the chief executive of an online shoe company, that he only own three pairs of shoes (!) “not counting flip flops.”
Hsieh also revealed during the talk that Zappos will be hiring 2000 people in 2011 and that the company pays people $3000 to quit, with 3% of people taking the offer. “It is harder to get into Zappos than Harvard,” Hsieh bragged.
Zappos is an online retailer specializing in shoes. In addition to shoes they sell handbags, clothing, eyewear, watches and accessories. The company is currently based in Henderson, NV, with a warehouse in Shepherdsville, KY. In addition, Zappos has a small number of brick-and-mortar outlet stores. The name Zappos is derived from the Spanish word zapatos, meaning shoes.